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Do College and University Students Need Insurance?

By Ryan Leclaire
  |  
  1 Min Read
School Insurance

Are your belongings covered by insurance in college or university?

Insurance is not usually something college or university students think about. They assume their iPods and laptops are covered under the student residence’s insurance somehow, or they just don’t think about it at all.

However, The British Columbia Automobile Association (BCAA) wants students to take actions to keep their belongings safe, on and off campus.

“Common items claimed as a result of theft are typically high in value and portable, making them ideal for thieves seeking easy cash sales,” said Patricia Stirling, BCAA director of Insurance Underwriting.

“Many of those high-priced items are what students typically take with them when they’re away at college or university.”

The BCAA recommends that parents speak to their insurance company to see if their child’s smartphones, TVs, stereos, scientific calculators, high-quality sporting goods, or bicycles can be protected under their policy.

“Electronic or not, having to replace personal possessions all at once could put a financial strain on a student with a limited budget, or on parents paying for their child’s educational supplies and living expenses,” said Stirling.

They also recommend you take precautions such as always locking your doors, keeping valuables out of sight, keeping your belongings with you, and securing your bicycle and laptop.

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