Taking out home insurance is a legal obligation, whether the student has opted for rental or shared accommodation. In fact, all tenants are required to insure their accommodation, independently of the lessor. This rule therefore applies to a CROUS room, a residence with roommates or a private studio. However, students now have offers specially designed for their profiles.
Evaluate your home insurance needs
A student must subscribe to a Home Insurance, as soon as he rents his accommodation. Tenants are indeed obliged to insure the property they occupy. That said, the subscriber can personalize his level of protection according to his needs and his situation. He also benefits from great freedom in this matter by subscribing to a home insurance for students with FRIDAY.
Before securing accommodation, however, it is important to assess your needs in this area. This measure allows you to pay only for guarantees adapted to your profile (installations, habits, devices used, etc.). The student will thus be protected, while limiting his insurance expenses. In addition, the legal minimum only consists of covering possible damage caused to the accommodation during the rental period.
In detail, basic insurance only concerns damage suffered by the property in the event of fire, explosion or water damage. It excludes, however, damage caused to the neighborhood. Likewise, it does not cover the personal property of the occupant. The student will then have to take out additional guarantees to protect themselves from risks to themselves, their property, their neighbors, their guests, etc.
Compare home insurance offers
In the insurance market, comparison is the best solution to find packages adapted to your needs and means. This approach is all the more important for a student. Indeed, this population is known for its financial constraints. Students therefore need to take measures to avoid unnecessary expenses and gain greater control over their budget.
Fortunately, insurers today offer a wide range of offers for students. It is thus possible to find affordable contracts that provide satisfactory protection for a private student residence, shared accommodation, CROUS accommodation… The subscriber should not rush, however. It is better to take the time to analyze and compare the insurance offered.
Typically, students tend to focus on price due to budgetary concerns. This approach effectively allows you to discover the cheapest contracts on the market. However, it does not necessarily offer protection adapted to the risks linked to one’s housing, equipment and lifestyle. The student must also pay attention to the losses covered by the basic guarantees and optional protections during their comparison.
Choose an offer adapted to student life
The choice of guarantees is often problematic when taking out an insurance contract. In fact, policyholders are rarely aware of the risks to which they are exposed on a daily basis. Many subscribers therefore tend to take out insufficient protection. Conversely, some policyholders take out guarantees for improbable losses. It is nevertheless possible to find a happy medium by favoring offers dedicated to your profile and by analyzing its particularities.
Contracts intended for students make it possible to concretelyensure CROUS accommodation, a shared accommodation or even a private apartment. In all cases, insurers seek to provide cover adapted to student life. Thus, this type of contract generally includes essential protections for students such as guarantees:
- Fire, explosion and water damage;
- Public liability ;
- Climatic events;
- Natural or technological disasters;
- Attack and terrorist acts;
- Legal assistance and criminal defense in the event of an accident…
However, civil liability coverage is not always included in insurers’ basic contracts. The student will therefore have to check its presence in the formulas envisaged to avoid unpleasant surprises when compensating losses. The same applies to assistance services (legal, technical, health, etc.). Beyond the basic guarantees, it is crucial to anticipate the risks specific to your situation and to take out the corresponding options.
Depending on the case, the student can, for example, take out optional protection against broken glass, theft and vandalism or even electrical damage. Everything will ultimately depend on the property rented, the neighborhood, the equipment installed, etc. For their part, insurers often encourage students to choose contracts covering computer equipment. These tools are indeed essential for higher education. As a result, they require appropriate protection against losses.
