In most cases, students must rent housing near the university of their choice to pursue their studies. However, rental risks cannot be ruled out, so it is necessary to anticipate them. Therefore, to take out a home insurance policy for students, simply follow these tips.
What is the process for purchasing home insurance student?
Generally, a student pursuing his or her studies will take up residence in a city located near his or her faculty. They may live in a room on campus. However, some students specifically choose to rent an apartment or studio from an individual. In any case, it is recommended that students take out a home insurance policy to ensure that damages to the rented accommodation are covered. Before applying for a particular insurance company, consider the following tips to assist you in this process.
When should a student take out insurance?
A person or a professional renting a building from a landlord must take out home insurance. The student as a tenant is also subjected to this same rule. This is for the simple reason that the owner only wants to rent to a person who is able to repair the damage to the property if there is a disaster. Therefore, a home insurance policy will reimburse the insurer for the repair and compensation costs of the landlord.
However, the offers proposed by companies are varied and can be customized as much as you want. So, to avoid any ambiguity concerning a particular formula, it is recommended to collect as much information as possible about home insurance for students. But how mandatory is it? Here are the answers:
The special student housing insurance is necessary for any building occupied by the student. The law makes no difference between an apartment through the CROUS and an unfurnished room or studio rented to a private individual.
The only exception to which the law does not require insurance is for furnished rental properties. Within the framework of these buildings, the rental contract already places the responsibility for any damage caused to the property on the tenant. Therefore, insurance is no longer required.
home insurance student : what are the steps to take out?
If you are applying for a mutual insurance company to find an offer that can cover the risks on your home, here are the steps to follow:
- Compare insurers to select the most advantageous for you: to do so, you can use a comparator online to facilitate this step;
- Provide each company of your choice with information on the type of housing and the type of coverage you want;
- Receive each quote and compare them to find the best one for your budget;
- Sign the contract and return it to the insurer for validation;
- Receive your student home insurance certificate.
Which warranty offer are you eligible for?
Given the tight budget of students, they receive a more privileged rate of coverage to provide optimum protection. For your information, the following offers are available from insurers:
- A multi-risk guarantee allows to compensate for: fire, flood, electricity damage, explosion, terrorist attack, theft and vandalism;
- A civil liability insurance for any damage caused to someone else;
- An insurance for computer equipment;
- A legal protection;
- A breakdown assistance.