Renter's Insurance

Colleges and Universities A-Z University of Maryland - College Park
1

My D is moving to South Campus Commons next year and is required to get renter’s insurance. At the lease signing, they gave her a brochure about Allianz from the Arthur J Gallagher Co.

Is this a better deal than say, State Farm, where we have our homeowners insurance?

Any opinions?

Thanks

2

I’m pretty sure we just have a policy through our homeowners…I would check with your agent and see if they can match whatever quote Allianz is giving.

3

Call your homeowner’s insurance agent tomorrow morning and ask before you sign up. If I remember correctly, it’s covered under your home owner’s insurance w/ no additional cost. You will have to provide your agent with your DC’s APT address. At least, that’s my recollection.

4

@maryversity @FromMD - Thank you for your replies. I’ll contact my agent first.

5

The problem with going with homeowners is if you file many claims, your insurance rates can/will go up and/or you will be dropped. We chose to get separate policies for dorm/renters insurance.