It is a really good idea to carry renter’s insurance while you are a college student. While your landlord probably has insurance that will cover the apartment, this insurance will not cover your personal items in the apartment. Different renter’s insurance policies vary in cost dramatically. If an 18-year-old could save only $12/month on this type of insurance, this decision could be worth over $325,000 at retirement. Use the links below to see how you can save on this type of coverage.
- http://www.apartmentreviews.net/save-renters-insurance.htm provides 10 easy tips that will allow you to lower the amount you are paying for renters insurance.
- http://personalinsure.about.com/od/renters/a/aa021107a.htm- This is another article that provides some good tips for how to get discounts on your rental insurance policy.
- http://www.whitefence.com/whitefence-savings/tip/58 provides a good tool allowing you to comparison shop for renter’s insurance.