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Leading College Renters Insurance Program Now Available for Off-Campus Student Housing

GradGuard, the leading provider of renters insurance to college students nationwide and an authority in helping reduce the risk to college students and their families, announced today that its renter’s insurance program designed exclusively for the needs of college students is now available to the off-campus student housing industry through CollegeRentersInsurance.com

According to John Fees, co-founder of GradGuard: “More colleges and universities offer GradGuard’s college renters insurance to their students than any other company. Today’s announcement extends our college insurance programs beyond housing provided by colleges and universities to also become a valuable feature and amenity for off-campus student housing companies.” 
 
At no cost to housing companies, the program provides student housing operators with access to the expanded coverage and features contained with the unique student renters endorsement contained within our policy. In addition, Fees continued: “We provide a convenient enrollment platform and an advanced API interface that easily integrates with your leasing process or software platform.”

Nationwide college students experience financial losses from both crimes and fires.  Data from the FBI Uniform Crime Reports indicate that for 2015, there were 69,502 property crimes occurred on 684 campuses who provided their information.  During the same year, Clery Act safety reports by colleges indicated that 1,926 fires occurred within on-campus student housing.  As a result, it is not surprising that majority of state insurance commissioners recommend college students consider protection afforded by renters insurance.

“Student housing owners and operators are smart to require their college student residents to enroll in renters insurance that includes personal liability coverage,” said Bob Soza, President of College Parents of America. Soza continued: “Students cannot often pay for the damages they cause or afford to replace their property that is stolen or damaged. As a result, we recommend that all college families encourage their students to consider student housing properties that include renters insurance or provide a convenient opportunity for students to purchase renters insurance.  For about .50 cents a day, students can secure protection against financial losses making renters insurance a must-have amenity for college students living independently for the first time.”


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