NEW HAVEN, Conn. (WTNH) — College students are likely out buying new electronics and gadgets for the start of the school year but before you head back to campus, it’s important to think about protecting your items.
You may think you only have a car full of things with you at school and it may not be worth the price of insurance but Jacob Piekarski, a Nationwide Insurance Agent says renters insurance can often times be bundled with other things like your car insurance and not cost you any extra out of pocket. He says they have a lot of students who opt for coverage.
College students, he says, are often targeted by thieves when you have house parties and strangers come in, or when you have roommates and their friends come by. It’s important to note, you’re not protected from theft or any other unexpected emergency if you don’t have insurance. It’s also good to know your policy doesn’t necessarily have to cover your roommate’s belongings.
“College students are often times sharing places, if you have 3 or 4 friends sharing a rental home or sharing an apartment building or unit in an apartment building, they can each get their own individual renters policy. It protects their own belongings and their liability for whatever portion they’d be responsible for,” said Jacob Piekarski, a Nationwide insurance agent.
Parents keep in mind you could be on the hook if anything happens, if you co-signed their lease so it’s something you may want to have a conversation about before they pack up and leave home for the school year.
It’s important to explain to your agent what you have that needs protection, some specialty items may not be covered under a standard policy. Things like instruments, jewelry or special collectibles may require a different policy.