Personal Property Insurance

Personal items like important documents, camera, notes, books, jewelry, etc. are valuable for many persons. These valuable personal properties needed certain insurance coverage from theft or other mishaps. Insurance coverage is required to cover the loss in case of theft or loss of personal articles and items. Especially, students suffer from such property loss; they … Continue reading “Personal Property Insurance”

Personal items like important documents, camera, notes, books, jewelry, etc. are valuable for many persons. These valuable personal properties needed certain insurance coverage from theft or other mishaps. Insurance coverage is required to cover the loss in case of theft or loss of personal articles and items.

Especially, students suffer from such property loss; they have more risk of this kind of loss of personal properties. Often, student lose their personal items such as, books, personal computer, camera, stereos, calculator clothes, furniture, etc due to the vandalism, water, theft, or fire. Generally, student shares a room or live in dormitories. The risk of damage or loss of personal valuable items at such places is higher. If a student chose personal property insurance then he or she may get the compensation to replace the damaged or lost personal item.

The policies of personal property insurance are offered by very few insurance companies. Some of such companies who offer personal property insurance are listed below. The key features of policies provided by these companies of personal property insurance is also included with the list.

National Student Services Incorporate (NSSI)

Especially for college students NSSI offers great policies of personal property insurance. The policies offered by NSSI cost few pennies a day for the personal property insurance. This makes it more affordable for each student. Over 1000 colleges and many universities of the United States are using the facilities of personal property insurance policies.

The policy of NSSI personal property insurance offers the complete insurance cover to the student belongings, doesn’t matter if he lives in a campus or not. In addition, the policy on personal property insurance includes $1000-automiatic liability coverage. This additional advantage of NSSI personal property insurance compensate for the damage or loss of insured personal items. For example, an accident happened because of the policy holder; in such case NSSI personal property insurance will compensate $1000 for the hospitalization charges.

Ancillary Campus Services

This service is offered at SUNY Cortland by Auxiliary Services Corporation. The college students receive primary personal property insurance coverage from Ancillary Campus Services, for the protection of their personal properties. Haylor Freyer & Coon, Inc. is responsible to administrate the personal property insurance for students. It is specifically designed to cover the damage or loss of personal valuable items of a student. It do no matters, is the student resides in hall, sorority or fraternity house, or in off-campus houses or apartments.

The deductible amount for the policy of personal property insurance is $50. This deductible amount is offered for the students to make the policy more affordable. Moreover, the Ancillary Campus Services provides the policy of personal property insurance to the abroad going students.

Clements International

This is one of the few personal property insurance companies that offer the insurance to the abroad students. The cost of loss or damaged items in the foreign residence or during the relocation is covered by this personal property insurance.

The Clements International services of personal property insurance for international students are distinguished in two types. Transit and destination charges are included in the first plan of personal property insurance. Destination coverage is the second plan of personal property insurance for the professional who already are residing in abroad.