5 key truths about renters’ insurance and college students

Living in an off-campus apartment is a popular housing option for many college students, as it comes with greater freedom and independence.

At the same time, however, an off-campus apartment that is not affiliated with a college or university can bring new responsibilities. Often, a parent’s homeowners’ insurance policy covers students living in dormitories, but once a student moves off campus it is a whole new ballgame. Renters’ insurance, although not usually required, can be a necessity for college students. Renters’ insurance not only can protect a college student’s belongings — which often include expensive laptops, televisions and other valuables — but it can also provide liability protection in the event that someone is injured unintentionally on the property.