As the start of the academic year approaches, the number of students moving into a studio or dedicated residence increases each year. Specific needs and small budget are what they have in common. Insurers are competing with each other to offer inexpensive and attractive student home insurance. Discover in this article the criteria to consider to find the best offer.
Evaluate student home insurance needs
It is not always easy to find the best offer for secure your student accommodation in the best conditions, with good value for money. Indeed, many parameters must be taken into account to make an informed choice. To do this, you should evaluate the following points to determine your home insurance needs:
- The surface area and nature of the property (house, studio, university room or apartment), as well as the number of rooms in the accommodation;
- The additional guarantees sought (coverage of musical instruments, broken glass or even theft, attempted theft and vandalism, among others);
- The address of the property, knowing that the amount of student home insurance varies from one city to another, particularly depending on climatic risks;
- The characteristics (floor for an apartment, outbuildings for a house, age, etc.);
- The value of personal property, whether furnished or unfurnished. The objective is to draw up an assessment of the movable capital to be protected (domestic appliances, technological equipment, crockery, furniture, etc.). This criterion also makes it possible to find the contract ofstudent home insurance the most interesting to cover your personal property at their fair value.
Compare the different home insurance offers
The guarantees offered, included or additional, vary from one insurance company to another. The same goes for prices. In order to define the best home insurance suited to your profile, it is recommended to compare the different offers available on the market. Using an online comparator is the preferred solution to benefit from optimal time savings. Insurers provide you with tools designed to allow you to find in just a few clicks the multi-risk package that suits your budget. Once the requested information has been integrated into the home insurance comparator, several quotes are provided to you. The information required generally concerns your profile as a student as well as the characteristics of the property you plan to rent.
The next step is to put the offers into competition by examining each quote in great detail. Generally speaking, this document includes the name of the plan, the insurance premium (monthly or annual) and the steps to follow to subscribe, among other things. If the cost of the insurance contract to which you wish to subscribe represents an important element, it is also recommended to consider the types of guarantees offered. Indeed, it is not enough to take out home insurance for your student accommodation to protect themselves financially. It is also important to know the damage caused covered in the event of an accident (broken glass, accident, theft, water damage, etc.). This is why you must find out about additional guarantees, not included in the basic offer, as well as their cost.
The specifics of student home insurance
L’student home insurance has several covers to analyze more closely, in this case:
Civil liability guarantee
If an accident occurs at the student’s home, involuntarily causing material damage or bodily harm to others, the insurance company is required to cover the insured. Compensation for all damages is guaranteed, whether in your educational establishment or in your private life.
Legal protection guarantee
The insurance company covers all expenses linked to legal proceedings relating to risks linked to your home. This is particularly the case for legal matters requiring you to contact a lawyer to assist you, represent you or defend you in the event of a dispute with the owner or your neighbors. The legal protection guarantee will be of great help to you if you are the victim of a crime or disaster and decide to take legal action to obtain compensation. This offer can be included in a comprehensive home insurance contract, or offered as an option.
Theft insurance
This guarantee is generally offered as an option. In the event of a malicious intrusion into your home which results in the disappearance of valuable objects (rare books, jewelry, sculptures, etc.), the insurance company is required to reimburse you. Several other types of goods are also covered, namely your furniture, “sensitive” items (PC, Hi-Fi system, TV or multimedia devices). Theft insurance also covers property damage following an attempted theft.
