Things have changed over the years and today\u2019s college students have more valuable personal property and expensive gadgets to worry about than ever before. That\u2019s why renters insurance makes sense as an excellent way of protecting those belongings inexpensively. Thirty years ago, students didn\u2019t concern themselves with electronic gadgetry. As a matter of fact, a portable typewriter or word processor, along with a small portable television brought from home, were just about the only items that ran a risk of disappearing.<\/p>\n
So, you think you can live without renters insurance? Well, think about this for a second \u2013 living without your smart phone, laptop or tablet, gaming system, and your new high-definition TV, because someone broke into your off-campus apartment and stole all your stuff.<\/p>\n
If it\u2019s any consolation, you\u2019re not alone. But that doesn\u2019t make you right. Recent statistics show that only 37 percent of renters have renters insurance, compared with 95 percent of home owners. This is according to a 2014 Insurance Information Institute poll. Many college students are under the misconception that their stuff is covered by the apartment landlord\u2019s insurance policy. That just isn\u2019t the case. His policy will protect the building\u2019s structure, not the renter\u2019s personal property\u2026in other words \u2013 your stuff. Residents of college dorms tend to come out a bit better since their personal belongings are typically covered under their parents\u2019 homeowners policy \u2014 unless, of course, their parents are also renters or the student lives at home.<\/p>\n
When you consider the average renters\u2019 insurance premium in 2011 was $187 for the year, which is less than $4 per week\u2026or, better yet, the cost of a latte at any of the popular coffee joints, you have to see the logic. On the other hand, imagine having to replace every one of your electronic gadgets at your expense as a result of a theft, fire or flood. Unless money is no object\u2026you\u2019d more than likely have to do without most, if not all of your newly lost possessions \u2014 reason enough to make you run out for a renters insurance quote.<\/p>\n
Hopefully, by now, you\u2019re convinced that a renter\u2019s insurance policy is the way to go. To help you get the right coverage, here\u2019s what a good renters insurance policy should cover: A final note: According to the National Crime Prevention Council<\/a>, apartments are 85% more likely to be victimized by a burglary than any other form of housing. In the end, the decision is up to you. Are you penny wise \u2013 or dollar foolish?<\/p>\n Don\u2019t be foolish when it comes to getting the best rate on your renters insurance<\/a> or your car insurance<\/a>. Why not get a free renters insurance or car insurance quote today?<\/p>\n Do you have renters insurance? Feel free to share your thoughts in the comments section below.<\/p>\n Freeway Insurance offers high quality insurance with affordable premiums. Protect your belongings by calling (800) 777-5620<\/strong> today to get your free renters insurance quote. Our experienced agents can answer your questions and get you insured today.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Things have changed over the years and today\u2019s college students have more valuable personal property and expensive gadgets to worry about than ever before. That\u2019s why renters insurance makes sense as an excellent way of protecting those belongings inexpensively. Thirty years ago, students didn\u2019t concern themselves with electronic gadgetry. As a matter of fact, a […]<\/p>\n","protected":false},"author":1002628,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[70],"tags":[112,113],"importance":[],"type-content":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/219"}],"collection":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/users\/1002628"}],"replies":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/comments?post=219"}],"version-history":[{"count":3,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/219\/revisions"}],"predecessor-version":[{"id":9553,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/219\/revisions\/9553"}],"wp:attachment":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/media?parent=219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/categories?post=219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/tags?post=219"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/importance?post=219"},{"taxonomy":"type-content","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/type-content?post=219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u2022 Personal Property<\/strong> \u2013 your smart phone, laptop or tablet, gaming system, and your new high-definition TV. Not to mention your clothes, bike, and other items considered your personal property.
\n\u2022 Additional living expenses<\/strong> \u2013 reimbursement if you have to relocate because the loss or event makes your rental uninhabitable.
\n\u2022 Medical payments<\/strong> \u2013 payments if you or someone gets hurt in your room or apartment and they require medical attention.
\n\u2022 Personal liability<\/strong> \u2013 covers accidents for which you, as the renter, could be held responsible, whether in or away from your rental. This would include something like leaving your skateboard on the front welcome mat and a neighbor tripping over it.<\/p>\n