Brock and Poole Insurance Agency is proud to serve the Collierville, TN, area with a full range of insurance services designed to protect you, your family, and your future. We can even help secure your college student while they’re away at school with affordable renters insurance.
Here’s what you need to know about renters insurance for students.
The Landlord’s Insurance Won’t Cover Your Student’s Belongings
It’s a common misconception that a renter is covered under the landlord’s insurance policy. However, this is not the case. Landlord insurance typically only covers the property owner’s interests, leaving your student’s possessions unprotected.
Your Student May Be Required to Carry Renters Insurance
More landlords and property management companies are requiring tenants to carry a minimum amount of renters insurance. While this is becoming more common, tenants still have the freedom to choose their insurance provider.
What Renters Insurance Covers
Renters insurance is designed to protect the tenant’s possessions from losses due to theft or damage. Many policies also include liability coverage, which offers financial protection if a visitor is injured while on the property. Additionally, some policies may cover possessions while the student is traveling.
Protecting Personal Belongings
Renters insurance typically covers items such as clothing, bedding, furniture, housewares, and electronics. However, some personal digital devices may be excluded. It’s important to review the policy details to understand what is and isn’t covered.
Additional Considerations
Renters insurance generally covers the tenant’s personal possessions listed on the policy. If your student has roommates, each roommate should have their own renters insurance policy to ensure their belongings are protected.
The Good News
The good news is that renters insurance for students is typically very affordable and easy to obtain. If you’re in the Collierville, TN, area, contact Brock and Poole Insurance Agency for a quote. We’re here to help protect your student while they’re away at school.
