Will My Home Insurance Cover My College Student’s Possessions?

Will My Home Insurance Cover My College Student’s Possessions?

With homeowners insurance, you get the best coverage that can cater to and protect you and your dependents, especially your children. Getting homeowners insurance for yourself will also protect your children when they go to college. Although it is impossible to provide for all of life’s contingencies, getting a home insurance policy will not only protect your home against theft and damages but will also relieve you from unnecessary financial burdens. Sometimes, landlords may require tenants to get homeowners insurance to cover their rented space.

Protect Your Property and Your Finances with Homeowners Insurance

It is hard for homeowners to handle unexpected financial emergencies related to their homes. However, when an insured loss occurs, the insurance company takes care of it, relieving the insured person of any financial expenses that may have been incurred. This is very important, especially in today’s world, where unexpected emergencies may spring up randomly with no prior information.

Does Homeowners Insurance Cover Your College Student’s Property?

Some homeowners insurance coverage extends to the children of the insured. However, it only extends a specific portion of the insurance amount to the student. To be included in your homeowners insurance, your college student needs to be living on campus and be under 26 years old. For those living off-campus, you may consider obtaining a renters insurance policy. For some items, like electronics, a separate standalone policy may be required.

Tips to Lower Risk of Theft/Damage to Your Student’s Belongings

The following are a few tips that may prove effective in preventing theft/damage to your college student’s personal property while they are away from home:

  • Keep items of high worth at home
  • Store the valuables in a small safe
  • Never access personal accounts on public computers
  • Keep an updated inventory of all the belongings with pictures and proper documents supporting their worth. This will help you determine the amount of coverage required and be handy while filing claims.

Protect Your Home, Protect Your Legacy

Getting homeowners insurance is the best way to protect yourself from losing your shelter. At AIMPRO, we provide the right coverage for your properties from any unforeseen circumstances. When they do get damaged, we assume responsibility for the loss. It is our priority to provide the best coverage for you and, while we understand that this decision may be hard, our experts can help you make the right decision.

As a homeowner or tenant, it is not smart to avoid protecting your properties and buildings. Hence, it is important to ensure you find the best hands to handle and provide adequate coverage for you. Regardless of your financial position or earning capacity, you can get the right policy with us. We offer tailor-made policies for our clients, and we prioritize their satisfaction. Besides, we offer flexible and adjustable payment options and schedules to suit your unique financial needs. Contact us today to get started!

Author: Aimpro Insurance
Aimpro Insurance will offer the best coverage from only the most reputable carriers. Our clients have come to depend on us to provide advice and customized programs to meet all of their insurance needs. The overall experience for our clients is “Insurance made simple.