A group of college students sit and listen in a lecture. Contrary to the belief of some renters, policies held by their landlords on the property where they’re living do not protect the renter’s personal property. (Credit: Monkey Business/Adobe Stock)

There will be no shortage of money spent by parents and students alike as college students return to campus, but according to the 2022 Deloitte Back to College Survey, technology tops the list of expenses for back-to-school college spending. They predict technology purchases will increase 22% in 2022, compared to the previous year.

In addition to tech, household product and supply spending for these students is expected to increase 12% from 2021. With so much cash going into property that will likely be stored in a dorm room or other rental, it’s important to ensure it is protected from any number of possible mishaps – from theft, to severe weather, to general college shenanigans.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected]

More from this author

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.