Insurance Space

College students bring laptop computers, cell phones, MP3 devices and televisions to campus. What happens if there’s a dorm-room theft or fire?
Students’ on-campus belongings should be covered under their parents’ homeowners or renters insurance policy, according a new multimedia feature available at A.M. Best Co.’s Consumer Insurance Center.

This latest report at A.M. Best’s ongoing consumer-orientated Web center recommends that students and their parents check with their insurer to make sure they have enough insurance protection. Also, the report reveals that students living off campus aren’t covered by either their parents’ homeowners policy or by the landlord’s insurance. Those students should purchase their own renters insurance policy for protection.

The story includes tips on how to keep your belongings safe. Upcoming features will discuss what’s new in homeowners, health and life insurance as well as retirement products.

Your information resource about buying insurance as well as the financial stability of the insurance companies that sell those products is available at www.ambest.com/consumer. House moves to protect student loans. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial services industries, including insurance companies, reinsurance companies and banks.

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Tags: Renters Insurance