<p>Does anyone know any inexpensive renter's insurance for college students? My son is required by the real estate company that is managing the house he is renting to have it. I am looking for a company that will allow he and his two roommates to be on the same policy.</p>
<p>All renter’s insurance is cheap. Call your homeowner’s agent and see what they can do for you. When my son moved into his student highrise at Penn there was a booth downstairs with an agent and you could sign up right there.</p>
<p>Rousse54, look into this link. They cover on campus or off-campus living for enrolled college students. Tens of thousands of kids use this insurance, mine included. 
I heard about it through friends.</p>
<p>[CSI</a> College Student Insurance - Instant Quote](<a href=“http://www.collegestudentinsurance.com/]CSI”>http://www.collegestudentinsurance.com/)</p>
<p>We bought a renters policy for $120/year through the company that carries our homeowners policy. This enabled us to add the apartment to our liability umbrella policy as an additional residence. In my mind, that is the most important coverage given that I was required to co-sign the apartment lease.</p>
<p>I agree with the advice to check first with your homeowners company. Ours allowed us to add our D’s apartment to our policy (and umbrella) for $14. Nope, not $14 per month, $14. It didn’t matter that her apartment was out of state, just that she was a full time student.</p>
<p>We used CSI for our kids. Never made a claim, but it was nice to know we could have, if necessary.</p>
<p>We have a renters policy for D, its not expensive, covers her computer and has no deductible</p>
<p>aliceinw – Were you on the lease as well? State Farm would not include D’s place in our coverage since neither H nor I were on the lease (though we were guarantors.)</p>
<p>A separate policy priced at $229/year, with a $500 deductible. We went instead with the CSI policy.</p>
<p>S (college JR) is dealing with this now, as a requirement of his off campus lease (that we are not listed on, and thus our insurance won’t cover). He’s been quoted ~ $10-12/mo. from a number of companies…$20K seems minimum amount offered, which far exceeds value of what he has. One company has also offered ID theft coverage for an additional $25/year, which he’s actually considering…</p>
<p>Unless the roommates are related or own the place together, they won’t be able to be listed on the same policy. Renter’s insurance is very inexpensive, $10-15/month or so but worth every penny. Recently there was an apartment fire not far from us, displaced over 50 people, not one of them had renter’s insurance. Not only did they lose all of their belongings, they suddenly found themselves with no place to live. Renter’s insurance would have paid for them to stay in a hotel, covered their meal costs, etc. until they could find a new place.</p>
<p>Even if you could find a policy that will allow the roommates to be listed together do NOT do that. If one of the roommates files a claim, that will ding your child’s record too. Just not worth saving a couple bucks.</p>
<p>I would also look into putting your son on his own auto insurance policy and adding a renters to that. It will start him on the way to a longevity discount and most likely the discount offered on the auto policy covers the cost of the renter’s policy and then some. Call your current agent for quotes to see what works out the best.</p>