Since school has just begun for many universities, millions of students have made the decision to move off campus for their living situation.
As a matter of fact, the National Retail Foundation’s 2014 Back-to-School Survey expects the average college student and their family to spend around $900 this fall.
Buying expensive items such as laptops, printers, televisions, etc. one of the more important things that families should be considering is renters insurance.
Even the simplest renters insurance policy can give a family a piece of mind that their personal possessions are covered and will be replaced if something happened.
Many mistakenly believe that the landlord will cover any mishap or stolen property.
Property Casualty Insurers Association of America (PCI) estimates that renters insurance is only about $5.00 per week, which is far less than the $20 on average that Americans spend on coffee.
Since renter’s insurance policies can be extremely cheap, it is important for college students to prioritize their monthly spendings to ensure their belongings are safe.
Call us toll free at 1-888-512-8878 if you have any questions or comments about renters insurance!