Aubrey, who has renters insurance in Temecula, CA, writes in with today’s question, and it’s a good one. She asks,
What companies offer renters insurance to college students? What should I look for in renters insurance for a college student? Will having roommates make finding college renters insurance difficult?
Will Every Company Sell Renters Insurance For College Housing?
Aubrey, who has renters insurance in Temecula, CA, writes in with today’s question: What companies sell renters insurance for college housing? And who writes renters insurance for college students?
That’s a great question, Aubrey, and an important one. When you buy renters insurance, your agent will ask you a series of questions determined to classify and quantify the risk involved in the policy. These answers have to be truthful, of course. If you don’t answer truthfully, you could find your policy cancelled or your claim denied.
It’s rare that a company will ask if you’re a student just to classify the risk. Most ask the question so they can apply discounts more than any other reason. But because different carriers like to take on different types of risk, some won’t offer renters insurance in college housing. The question then becomes, what is college housing? This depends on the exact phrasing of the carrier’s underwriting guidelines and the risk types they want.
In some cases, it may mean housing owned by the college, such as dorm rooms. In other cases, it may mean housing rented by roommates who are in college but housing which is not provided by the college. Because coverage hinges on that definition, it’s very important that you make sure you clarify this is for student housing. Your agent can take it from there to make sure you’re placed with the right carrier.
What Companies Offer Renters Insurance To College Students?
Effective Coverage is one of the top college student renters insurance providers nationwide. Because Effective Coverage has years of experience in college student renters insurance, your policy will be written on the right form with the right carrier and the right coverages. You’ll get the coverage you deserve at a price you can afford. Contact Effective Coverage today at (800) 892-4308 or click above for a free, instant online renters insurance quote!