Students and their families mistakenly believe that the homeowners insurance on their primary residence adequately covers the student's property. Yet, the typical deductible on a homeowners policy often exceeds the cost of a student’s computer, cell phone, etc.

Here are some crucial facts:

  • About 50% of student property losses are not recoverable under a typical Homeowners or Renters policy
  • The URMIA Student Property Insurance covers losses not covered under Homeowners or Renters policies
  • Average Homeowners or Renters policy deductibles are $500-$1,500 vs. Student Property Program deductibles of $25-$100
  • Homeowners or Renters policy Payments sometimes are reduced to account for depreciation
  • Claims from college may increase homeowners rates and can even threaten your coverage
  • Even when a loss is recoverable under a Homeowners or Renters policy, the recovered amount is much lower because of their high claim deductibles
  • Our student policies is Primary coverage. No need to blemish your claim history with the policy covering your permanent residence
  • The average policy premium for 365 days of Student Property protection is less than 35 cents per day

With insurance broad enough to handle real campus situations, coverage you can adapt to your personal needs, and prices you can afford, URMIA Student Property Insurance gives students and their families the security they really need.

Whether a beverage spills onto a laptop during a party; or a $2,000 entertainment system is destroyed by sewer drain back ups after a bad storm, Personal Property Insurance, designed especially for College & University Students lets you concentrate on school and not worry about your "stuff."


  URMIA Student Property Insurance Standard HO or Renters Policy
Coverage Plan Insuring MOST All Causes of Loss Yes Maybe
Theft Yes Yes
Accidental Damage (Drops & Spills) Yes No
Deductible Amount $25-$100 $500+ on standard HO
Complementary Identity Theft Expense Reimbursment Yes



* Comparison of: our Student Personal Property Protector Plus vs. Industry Standard Homeowners Policy - for student property away from home coverage comparison as of 01/01/2012 ** Homeowners policy used for comparison is Fireman's Fund HO 00 04 10 100

*** Some homeowners policies can be modified to broaden coverage but generally can not offer all that our Student policy offers.

**** Average claims paid under our Student coverage are between 25% and 200% more than would be recovered under a homeowners policy.