Sending Your Child to College? Make Sure They Are Covered

Young female student working on laptopRenter’s Insurance Myths

If you are sending your child off to college this fall, no matter if they are going into their freshman year or completing their degree, it can be a little stressful. If they will be living off campus this year, one of the best ways to prepare them for school is to invest in the right rental insurance policy.

There are many myths that surround renter’s insurance, which can lead to your college student being unprotected from many perils. Make sure that you know the truth behind these renter’s insurance myths to keep them safe while away at school.

  • The landlord has insurance – while your child’s landlord will most likely have an insurance policy for the property, it will only cover the exterior of the building, not any of the belongings that your child brings with them. The only way to protect all of your child’s assets is with a specific renter’s insurance policy.
  • They are not bringing anything valuable enough to cover – even if your child is leaving most of their possessions at home, they are most likely still bringing some pricey items. From their laptop that they use to write papers, to their TV to keep up with their shows, chances are your child’s room is full of a few thousand dollars’ worth of assets.
  • It is too expensive – renter’s insurance is one of the most affordable insurance policies out there. Typically an entire year of coverage will only cost a couple hundred dollars. Keep in mind that the more coverage you have, the more expensive the policy will be.

When it comes time to find the right rental insurance for your college student, contact ISU Wissink Insurance in Culver City, California. We will work with you to ensure that you have the right amount of protection, all at the right price.