Skip to main content

Main navigation

Electric Insurance Company Logo
  • FILE A CLAIM
  • ONE-TIME PAYMENT
  • LOGIN
  • 800.342.5342
  • Search
  • Side Menu

Secondary Menu

Explore
  • COVERAGES
    • Back
    • Auto
    • Home
    • Umbrella
    • Flood
    • Recreational Vehicles
  • RESOURCES & TOOLS
    • Back
    • Risk Coach Tool
    • Great Driver App
    • eNewsletter Signup
    • Glossary
  • CUSTOMER SERVICE
    • Back
    • MyAccount
    • FAQS
    • Refer a Friend
    • Submit a Story
    • One-time Payment
  • CLAIMS
    • Back
    • Claim Central
    • Auto
    • Home
    • Liability
    • Roadside Service
    • Watercraft
  • GET A QUOTE
  • Coverages
    • Auto
    • Home
    • Umbrella
    • Flood
    • Recreational Vehicles
  • Resources & Tools
    • Risk Coach Tool
    • Great Driver App
    • eNewsletter Signup
    • Glossary
  • Customer Service
    • MyAccount
    • FAQS
    • Refer a Friend
    • Submit a Story
    • One-time Payment
  • Claims
    • Claim Central
    • Auto
    • Home
    • Liability
    • Roadside Service
    • Watercraft
  • Get A Quote
  • Careers
  • 800.342.5342
  • FILE A CLAIM
  • ONE-TIME PAYMENT
  • LOGIN
  • 800.342.5342

Make a Payment

You are now leaving Electricinsurance.com. To proceed, please read the following statement and click on “I Understand”.

We are pleased to direct you to Paymentus Corporation's® convenient, online bill payment service on a specialized, highly secure website. Paymentus is a separate corporation that is authorized to process premium payments on behalf of Electric Insurance Company's customers. The Paymentus privacy policies and security standards can be viewed in its entirety on its website. Please note that the transactions and data maintained on the Paymentus website are the sole responsibility of Paymentus Corporation.

I understand

Title

add Content here.

Continue
Renting an Apartment at College

ELECTRIC INSURANCE

At college and renting? Here’s why you need renters insurance.

 

 

 

  • facebook
  • youtube
  • twitter
  • linkedin
  • facebook
  • youtube
  • twitter
  • linkedin

Renters insurance isn’t expensive. But it is important.

College and grad school can be a great time – especially if you can score off-campus living space. Less noise and a lot more privacy are big perks. So’s the extra space for your stuff and the room to have a few friends over.

 

What could go wrong?

Quite a lot, actually: theft, fire, and accidental injuries for a start. Your landlord is not responsible for your belongings, so if your clothing, laptop or other electronics, books, or other belongings are stolen, damaged, or destroyed, you’d have to pay out a lot of cash to replace them. If a visitor slips on your rug and needs a visit to the emergency department, you’re likely on the hook for the costs. (It’s called liability.)

 

Isn’t it the landlord’s problem?

Nope. We repeat: Your landlord is not responsible for your belongings or for most accidental injuries that happen inside your apartment.

 

It’s not expensive

  • It won’t cramp your pizza budget. Most policies cost about $16 a month.

  • It can save you money on car insurance. You’ll usually get a “multi-policy” discount that applies to your renters insurance and your car insurance. Now you’ll save on both.

 

So what does it cover?

  • Your belongings inside your apartment. Say your neighbor’s dinner catches fire, and it spreads to your place. It destroys or badly damages (smoke, soot, and water) your clothing, electronics, equipment, etc. You’d be covered.

  • Temporary alternate living quarters. Remember that fire? Well, if it rendered your place uninhabitable, your renters policy would cover temporary living arrangements, such as staying in a motel, and a few other related expenses.

  • Stuff in your car. If your car is broken into and someone steals your sports equipment, textbooks, or other property, your renters policy will cover it. Your car insurance won’t.

  • Claims against you. Say you and some friends were playing pickup baseball. You nailed a fastball, and it hit the pitcher – hard enough that a trip to the hospital was needed. Now your friend’s insurance company wants you to pay the bill. Relax. Your renters policy provides coverage for injuries you accidentally cause to others.

 

But doesn’t my parents’ insurance still cover me?

Not necessarily. If you are over 18 and renting this residence in your name, your parents’ policy may not provide coverage. You may be covered by a small portion of their property and liability coverage if their home is still your legal residence. But really, isn’t it time to start adulting and building up a financial history?

 

Smart isn’t the same thing as savvy.

You’re smart enough to be in college. Make sure you’re also savvy enough to plan ahead and protect your assets and even your future. A savvy person knows that accidents happen and has a way out. Be that person.

 

Contact Us

Our Risk Coaches™ are licensed insurance professionals who are trained to look at coverage from your perspective. They’re glad to help you navigate the often-perplexing world of insurance coverage. Contact your local Risk Coach professional or call us at 800.342.5342, Monday through Friday from 8:00 a.m. to 8:00 p.m. ET.

 

Product, service, program, credit, and discount availability and limits vary by state. The information provided on this site is provided for informational purposes only and is not a full explanation of products, services, or coverage. For more information, please contact Electric Insurance Company at 800.227.2757. If there are discrepancies between the information on this site and the policy, the terms in the policy apply.
Electric Insurance Company Risk Coaches help you assess your current coverages and exposure to risk based on the information you provide during your discussion. The services provided are for informational purposes only and do not create a professional or fiduciary relationship. Incomplete information or a change in your circumstances after your meeting may affect coverage requirements or recommendations.

  • Insurance QuoteGet a Quote
  • Home Insurance Quote OnlineRetrieve a Quote

GET A QUOTE

800.342.5342

or Start Online

Retrieve a Saved Quote

Forgot your reference number?
Want to issue your home policy?
Call Electric Insurance at 800.342.5342
(Mon-Fri: 8.00 AM to 7.00 PM ET)
Share this:
Tap or click to chat.Chat is currently unavailable.
Electric Insurance Logo

Footer Menu Coverages

  • Coverages
  • Auto
  • Home
  • Umbrella
  • Flood
  • Recreational Vehicles

Footer Menu Customer Services

  • Customer Service
  • MyAccount
  • FAQs
  • Refer a Friend
  • Submit a Story

Footer Menu Resources

  • Resources
  • Risk Coach Tool
  • Great Driver App
  • eNewsletter Signup
  • Glossary

Footer Menu Claims

  • Claims

Footer Menu About Us

  • About Us
  • Contact Us
  • Careers
  • Culture & Values
  • Privacy & Terms
  • News & Press
  • Site Map
  • Agency Login
  • Cookies

2020 Gold Stevie Award
Financial Strength RatingRating methodology is available
on the AM Best Website
  • facebook
  • linkedin
  • twitter
  • youtube

Our Commitment to Accessibility

Electric Insurance Company is committed to making our website's content accessible and user friendly to everyone. If you are having difficulty viewing or navigating the content on this website, or notice any content, feature, or functionality that you believe is not fully accessible to people with disabilities, please call our Customer Service team at 888.545.4514. You may also mail us at [email protected] with "Disabled Access" in the subject line and provide the description of the specific feature you feel is not fully accessible or a suggestion for improvement. We take your feedback seriously and will consider it as we evaluate ways to accommodate all of our customers and our overall accessibility policies. Additionally, while we do not control such vendors, we strongly encourage vendors of third-party digital content to provide content that is accessible and user friendly.

© Copyright {YEAR} Electric Insurance Company | 75 SAM Fonzo Drive | Beverly, MA 01915