Student Property Insurance Question

<p>S is a sophomore who has had dorm/property insurance coverage through CSI for both freshman and current years. Last March, he put his cell phone through the washer :eek: and damaged it beyond repair. He submitted a claim, shipped the carcass to CSI per their request, and received an ~$500 check to buy a new phone. </p>

<p>This week, he dropped the replacement phone in a cab, and driver and cab company say it is not to be found. Obviously, this loss is also covered by insurance, but I am worried if he submits a second, similar claim so soon after his first, the company will consider him high risk and cancel his policy, leaving his more expensive gear (computer, bicycle) not covered. </p>

<p>I'd appreciate advice from those who have submitted more than one claim within a twelve-month period: Based on your experience, would you submit the second claim or not?</p>

<p>If this were homeowner’s, the answer would be to not do it. But this is student insurance and the company knows they are covering students. </p>

<p>I also wonder - and don’t know - if the student insurance market shares information like the homeowners market. You could check that out, I guess, by going to another insurer’s site - like nssi - and seeing what it takes to get a policy from them. If they don’t ask, then is there really a penalty for making this claim?</p>

<p>Thanks for your response, Lergnom. Checking another insurer’s application is a great suggestion, and I’ll definitely do so.</p>

<p>From CSI’s website:</p>

<p>Items misplaced, lost or left behind are not covered. Items stolen by theft, burglary or robbery are covered. A police report must be filed for these type losses.</p>

<p>I don’t think this phone will be covered.</p>

<p>This is slightly off topic, but I bought CSI policies for both of my kids in August after my daughter’s apart,ent was robbed. One of them ruined his phone in September and the other ruined her phone in October ( both water issues). I am hoping the company does not realize their relation! Not that it really matters because they have separate policies. I do not know how these companies make money with replacing cell phones.</p>

<p>Mopinionated, you are absolutely correct. I reread the policy, and it clearly states that a copy of the police report needs to accompany the claim. Thanks for pointing that out.</p>

<p>OP, after 2 phones, you might consider changing your screen name to NurZwei ;).</p>