The state regulators or state insurance departments of 29 states and the District of Columbia suggest that college parents evaluate their college student property insurance needs, and then supplement any gaps in property insurance coverage with a renters insurance or student property insurance product.
Why? Students today tend to own more valuable personal property items in their dorm or off-campus apartment than ever before, and that fact has not gone unnoticed by thieves. Hundreds of dollars of loot these days can fit into a laundry bag and easily hoisted out a bedroom window.
The Independent Insurance Agents of America estimates 100,000 property crimes occur on campuses annually. Beyond clothing and bedding, a student's room may contain a DVD player, television, laptop, cell phone, musical instrument and stereo equipment. Students in apartments will likely have additional items such as kitchenware and furnishings.
The off-campus landlords certainly will not cover those items in the event of fire, theft or natural disaster. And unless the student is residing in a dorm, the parent’s home-owners policy will not cover those items. Will your college pay for them?
College Plus by Worth Ave. Group is the solution chosen by most college and university administrators. Worth Ave.Group can partner in several ways to offer College Plus to your students. We can:
We also offer insurance plans specifically for schools who want to cover school issued devices that are a part of a One to One Computing Program
Do you have five or more devices for your faculty and staff to use? We can also set up a group electronic device policy to cover those for you. We offer 1, 2, 3 and 4 year coverage periods and also provide a choice between several deductible options. College group device policies are convenient and economical. For a group plan price quote tailored to your specific school needs, please click on the Request a Quote tab below.
And suppose you want to offer an insurance option to parents/guardians, faculty and staff online through your very own website? Worth Ave. Group can make that happen for you by providing your school with an online portal page and application form. The portal page is a free tool created for you but managed by us. You can place it on your school’s current website and announce it via electronic newsletters to your staff and students’ parents. We can also provide application forms that you can pass out at your school orientation nights and device distribution events. The content of both portal page and application form will be limited by design to the specific electronic device make and models that you issue to your students, faculty and staff. Whether online or by application form, the enrollment is handled directly by Worth Ave. Group. You reap the benefits...let us do the work for you.