Dorm Insurance - Student Personal Property Insurance

What would you do if your personal property “Stuff” were stolen or destroyed by fire?

Every year college students lose millions of dollars worth of personal property; stereos, cameras, calculators, personal computers, VCR, TV, DVD player, clothes, furnishings, electronic equipment, microwave, boom box, cell phone, etc. According to a survey conducted by the Independent Insurance Agents of America Inc (IIAA):

• More than 100,000 property crimes on college campuses are reported to police each year.
  
• Thieves make off with an average of $1,250 in stolen student property per theft.
  

An uninsured loss, such as the theft of a laptop, can deal a devastating blow to a college student's limited bank account or the financial well-being of a parent already struggling with high tuition bills."

The EAS Education Resource Center has joined with, National Student Services, Inc. (NSSI), the industry’s leading student personal property insurance provider to offer a full-services, low-cost program designed to specifically protect the personal property of students, faculty and staff living in residence halls, fraternity or sorority houses, off-campus apartments or houses.

For only pennies per day, you can protect yourself against the financial hardships caused by the loss of your “Stuff” personal property. NSSI has been providing insurance programs to thousands of students across the country since 1971.The STUDENT PERSONAL PROPERTY PLAN ® is officially recognized at over 700 colleges and universities in the United States. This plan protects your financial investment in personal property and unconditionally guarantees your satisfaction. All policies also include $1,000 liability insurance at no extra cost!

The basic STUDENT PERSONAL PROPERTY PLAN® supplies $2,000 of coverage for a twelve (12) month period. Additional coverage may be purchased in units of $500 at a cost of $9 per unit (for an Actual Cash Value policy) or $25 per $1,000 unit (for a Replacement Cost policy) up to a maximum of $20,000 coverage with a $25, $50, or $100 deductible.

Take stock of your “Stuff” and prepare to prevent its loss.

• Take an inventory of the “stuff” you have at school; laptop computer, VCR, TV, etc.
  
• Next place a dollar value next to the items.
  
• Jot down the serial numbers and engrave your initials or last four numbers of your social security number on your “stuff”
  
• This will give you an idea of how valuable your stuff is and also provide you with documentation of ownership in case the stuff is ever lost, stolen or recovered.
  
• The inventory will give you an accurate estimate of what is owned and how much coverage you may need.
  
• Apply online for Student Personal Property Insurance
  
  

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