Designed For Students

Our policy was designed with you in mind. We know that most college students are living away from home for the first time. While you lived at home, your property was likely protected, but now that you are living on your own, you need to protect both yourself and your property with an affordable renters insurance plan from GradGuard.

Traditional insurance companies require good credit and deductibles (the amount you have to pay before the insurance pays a claim) from $500-$1,000. GradGuard understands the needs of students. We know that most students need a lower deductible and may not have a perfect credit history.

Bottom line: Typical insurance companies aren’t designed for students. GradGuard™ is.

Personal Liability Coverage

With GradGuard’s Renters Insurance, you’ll get financial protection for unintentional damage to your residence or bodily injury to others within your residence premises for which you are found legally liable.

Worldwide Coverage

Whether you’re in the library or studying abroad, wherever your college life takes you, your stuff will be protected up to the policy limits.

Summary of Coverage

Examples of Personal Property:

• Personal Computer
• Bicycle
• Television or Stereo System
• Cell Phone or Smartphone, like a Blackberry or iPhone
• Books and School Supplies
• Clothing
• Jewelry (coverage is limited up to $1,000 total, $500 max per item)
• Musical Instruments

Covered Perils: (Perils are events that lead to a loss. This policy is a named peril policy, meaning that only those perils listed are covered)

• Vandalism or Malicious Mischief
• Theft
• Fire and Lightning
• Windstorm or Hail
• Explosion
• Smoke
• Flood (where available)
• Breakage of Glass
• Falling Objects

Personal Property General Exclusions*: We will not pay for loss caused by or resulting from any of the following:

• Wear and tear, marring or deterioration
• Unexplained or mysterious disappearance
• Illegal, unlawful or intentional acts of an insured or a guest of an insured
• Earth movement, include earthquake (earthquake coverage is available for purchase in California)
• Any loss resulting from mold or wet or dry rot
• Enforcement of any ordinance or law regulating the construction, repair, or demolition of a building or other structure
• Power interruption, if the interruption takes place away from the residence premises
• Neglect to use all reasonable means to save and preserve covered property at and after the time of loss
• Continuous or repeated seepage or leakage of water or steam over a period of time
• War or any warlike operation
• Nuclear hazard

Personal Liability General Exclusions*: There is no coverage for bodily injury or property damage that is:

• Resulting from any act or omission that is intended by an insured to cause any harm
• Arising out of any insured’s business pursuits
• Arising out of the rental or holding for rental of any residence premises owned by the policyholder
• Arising out of the rendering or failing to render professional services
• Arising out of any premises other than the residence premises
• Resulting from vehicles
• Arising out of mental or emotional injury, suffering, or distress that does not result from physical injury
• Arising out of physical abuse
• Arising out of the use, sale, manufacture, delivery, transfer, or possession by any person of a controlled substance
• Arising out of the insured’s knowingly permitting or failing to take action to prevent the illegal consumption of alcoholic beverages by an underage person
• Arising out of any sexual act