The fall semester is only a few months away, which means thousands of college students across the country will be leaving home for the first time. Like many college students, they’ll probably be taking along phones, computers, and other valuables that are especially vulnerable to theft or damage in an unexpected disaster. Renters insurance is a sound investment in your child’s education, providing both you and your student with peace of mind.

Why You Should Buy Renters Insurance for Your College Student

Your Homeowners Insurance May Not Provide Enough Coverage

While many homeowners insurance policies will cover some of your child’s property if they stay off-campus or in a dorm, the limits may not be enough to fully protect their valuables. If your child is staying off-campus, your home insurance policy may not cover them at all. Buying your child their own renters insurance policy ensures that all of their property is protected from fire, theft, and other hazards.

Renters Insurance Offers Liability Protection

If a guest falls down a cluttered stairway or is bitten by your child’s dog, the injured party may be able to sue for damages. This can be financially devastating, especially for young adults who are just getting started in life. The liability protection included in the standard renters insurance policy protects your children from lawsuits by covering the costs of valid claims, as well as any legal expenses associated with the accident.

Renters Coverage Is Affordable

Renters coverage doesn’t extend to the building itself, which makes it much more affordable than other policies. Generally, most people can get the coverage they need for prices they can afford; college students without a lot of expensive property will pay even less than the average person.

If your student is going off to college this year, turn to the experienced agents at K.L. Smith Agency to ensure they’re fully protected from the unexpected. Since 1956, they’ve been helping families throughout Windham County, CT, insulate themselves from risk with personalized policies from some of the industry’s leading carriers. Visit their website for more on their home and renters insurance options, or call (860) 423-9294 to request a quote today.