Students may be covered by parents' home insurance
20 August 2010 16:15:16
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| Students' belongings may be covered by their parents' home insurance. |
Home Office figures show that one in three students become a victim of crime each year, with mugging, burglary and vehicle-related theft accounting for the majority of such crimes.
According to Aviva, many students will find they are covered by their parents' home insurance.
Policies typically provide a certain level of protection for items that are "temporarily removed from the home", such as in a shared student house or college halls of residence.
Jonathan Cracknell, household underwriter at Aviva, said: "After paying out for all the tuition and accommodation fees, it might come as a surprise to many parents to discover that they might not have to pay anything extra to insure their children's belongings, be it their bedding and clothes, TV or iPhone.
"And if the family policy has personal belongings cover too that means the student's bits and pieces outside their digs are also protected, all for no extra cost."
Meanwhile, a report by NatWest has found London to be the most cost-effective city in which to study in the UK.
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