For many students, obtaining contents insurance is essential when they study far from home. Contents insurance provides peace of mind, letting students know their possessions are well protected.
Students often arrive at their accommodation with new and expensive items purchased for university. Common items include smartphones to keep in contact, laptops for study and bicycles for transport. Contents insurance can help students look after valuable belongings when theft, loss or damage occurs, and policies are available at different prices.
When contents insurance isn’t required
It’s important for students to check their parent’s policy, as some home insurance covers items removed temporarily, meaning their possessions already have protection. It’s also worth finding out if an insurance policy already exists for an item. For example, students may have taken out insurance on a phone at purchase.
When content insurance doesn’t pay out
Each policy has its own exclusions, but most insurance is negated when room doors are left unlocked or when there is no sign of forced entry. Some policies won’t cover holiday periods when accommodation is unoccupied, so students are advised to take valuable items with them.
As experts in fully managed letting in Chester, at Bed Student Rentals we pride ourselves on offering high-quality lets to students. While all the properties we rent carry building insurance to help cover damage and repairs, we inform students that they can choose to get contents insurance if they wish to. If you need advice on a student tenancy in Chester, contact us today.
Written By
Mark