STUDENTS - Why you need to take out insurance NOW!!

Surfing the net the other day, I came across this article and thought that I should share with all Students renting property in Bristol. Sadly as a Bristol Letting Agent, renting to 1000's of student over many years. I have seen many a nice laptop and priceless possessions stolen.

The Telegraph has published a financial guide for students who have started university for the first time this term. The guide says that taking out contents insurance is an essential part of moving away from home for the first time.

All landlords should have full landlords insurance, but this rarely covers tenants’ belongings should there be a break-in or a fire or flood that damages property. These days, most students have valuable electrical equipment such as laptops, iPhones, flat screen TVs and games consoles. In fact, the average student has £4,500 worth of belongings with them at uni.

A third of students become victims of theft while living away from home at university, according to Home Office figures. Students are also advised to take pictures of the equipment they own and note down any serial numbers to speed up insurance payouts.

Some students will be covered on their parents' contents insurance but many will not, so it is always worth checking – the message is to never assume.

Accommodation costs for students are no longer as cheap as they used to be and getting their contents insured is an expense students are unlikely to regret.

If  you would like a really competitive quotation for insurance from Endsleigh Insurance, one of the biggest and most student friendly of insurers in the market place contact me directly. 0845 652 1428