After the cost of tuition and books, a lot of college students may not be so eager to spend even more money to buy renters’ insurance. This might, usually, be a mistake.
For a student living on-campus, they’re not probably worried about renters insurance. That is if their parents’ homeowner’s policy will cover any loss or damage to personal items. But, verify if the parents’ policy does include “off-premises coverage”. It’s not guaranteed.
Travelers using Airbnb and HomeAway look to fully immerse themselves in the culture of a city by sharing the home of a local host, while a host makes some extra cash by allowing a stranger to stay with them. As the popularity of a ‘sharing economy’ increases in our society, it’s important to be armed with all of the facts when it comes to participating in these types of arrangements.
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Hettler Insurance Agency
Ron Hettler
4432 S Loop 289
Lubbock, TX 79414
