Good student property insurance

ChicagoBear
Fri, 25 Jul 2014 17:31:05 +0000

In response to post #24 , it is important to remember that CSI and NSSI are insurance policies, not maintenance plans or extended warranties!

Insurance operates on an incident or occurance basis. If your kid drops the i-pad and either the camera or device breaks or gets wet and is ruined, it’s covered. If it is stolen from the library when your kid steps away for a moment- its covered. If the camera just stops working - that is a warranty issue for Apple, if the device is still under warranty.

These are great policies and they offer broad coverage against theft or accidental damage incidents - not for “it just stopped working”.

Its also important to remember they will not cover “misplaced” or “lost” items - a police report is needed if an item has gone missing.

With regards to being cancelled post #19 - I have seen here on CC that people cancelled by one of the companies (CSI or NSSI) have then gone and obtained the next years policy from the other company. Yes three claims will get you non-renewed anywhere. All the more reason why you definitely don’t want to implicate your homeowners policy with student-type claims.