Whether they are moving into a studio apartment alone or with several in a shared apartment, students must, like other tenants, take out home insurance.
Taking out home insurance is an obligation for all tenants of furnished or unfurnished accommodation. However, several points should be checked before committing, especially since students, due to their unstable financial situation, generally have a limited budget. How to find cheap student home insurance? Explanations.
Most students turn to renting for accommodation. The lessor generally asks for a certificate of insurance before signing the rental contract. The student must then take out home insurance before entering the premises. This document can be requested each year by the owner. In the event of a lack of insurance, the latter is authorized to terminate the lease contract.
While taking out home insurance for students is mandatory in the majority of cases, there are certain exceptions to be aware of. Indeed, furnished accommodation that is not rented as a main residence is not affected by this obligation. In addition, there are special cases such as shared accommodation. In this situation, it is possible to take out a single home insurance contract for all the roommates. Each roommate can also take out student home insurance individually with the insurer of their choice.
The cost of home insurance depends on several parameters:the location of the property, the nature and characteristics of the accommodation, the climatic risks, the guarantees chosen, etc. The price of this cover thus varies from one accommodation to another. The average home insurance premium for a student is between 100 and 150 euros.
A student's budget is particularly tight and all opportunities to save money are good to take. These tips will help you lower the amount of your dues.
Some insurance companies offer packages specifically designed for students covering the most common claims such as fire, water damage and natural disasters. It may be wise to subscribe to optional guarantees such as reimbursement for computer equipment or household appliances. Whatever the case, be sure to take out guarantees adapted to your needs.
Before taking out student home insurance, check the clauses of the contract concerning extended absences. These are generally limited to 90 days by insurers. These clauses are particularly important for students because of their school holidays, a possible internship to be carried out abroad or in a company far from home.
Last tip for finding cheap student home insurance:compare offers. The use of an online comparator allows you to sort through the many contracts offered on the market and to subscribe directly online to save time. This tool also offers you promotional offers from insurers that can save you a lot of money.
