Student possessions insurance

student100

It would be an interesting exercise to see which is cheaper overall - your household insurance (without cover for student offspring) plus separate student insurance, or an all-inclusive house insurance including cover for students. It could well be the case that your home insurance would cost much less if it excluded cover for your student sons/daughters.

Savvy_Sue

lyniced wrote:

Endsleigh and all the other student insurance services are onto a good thing. My son is covered by our household insurance. As long as his room has a lock (it has) and he is studying in the UK (he is) then everything is covered. My son's friend just spent £66 on student insurance which was totally unnecssary. Ring up your insurers first before you fork out anymore.

Fair enough, but if the student has to make a claim, then your household insurance is likely to go up, and if they're offering no claims discount (which I understand some do) you'll lose that as well.

Plus we've had two garage break-ins recently, and our conclusion was that the excess added to the above made it not worth claiming.

It's not a straightforward decision, IMO. Son has taken out his own insurance for those reasons. As he's in a ground floor room which opens onto the communal lounge and kitchen I'm glad he has, it must be so easy to walk out to cook a meal and leave your room open then forget you've done that.

Savvy_Sue

student100 wrote:

It would be an interesting exercise to see which is cheaper overall - your household insurance (without cover for student offspring) plus separate student insurance, or an all-inclusive house insurance including cover for students. It could well be the case that your home insurance would cost much less if it excluded cover for your student sons/daughters.

My understanding was that home insurers didn't charge extra to cover students because they're still 'part of the family', although best practice would be to advise them where the student was before you need to make a claim. And my understanding is a few years out of date, things have probably changed ... certainly students seem to have a lot more 'essential' possessions than we did "when I were a lass ..."

And the cost of student insurance varies so much, doesn't it? And must depend on what you want covered.

For example, my son has only spent £16 on student insurance, with Endsleigh, and I hope he had the wit to check it covered what he has taken. But given that he has NO music system, NO vast collection of CDs, NO musical instruments, NO laptop, it probably does. Whereas Lyniced knows someone who's paid £66 - well maybe they have a lot of expensive stuff or some unusual circumstances, but as ever it pays to shop around!

lellie

despite the fact our flat is covered by CCTV, has an alarm and secure fence we're still top bracket insurance due to our postcode.. it's gonna cost about £150 each to insure our stuff in the flat!

lyniced

Savvy_Sue wrote:

Fair enough, but if the student has to make a claim, then your household insurance is likely to go up, and if they're offering no claims discount (which I understand some do) you'll lose that as well.

Plus we've had two garage break-ins recently, and our conclusion was that the excess added to the above made it not worth claiming.

It's not a straightforward decision, IMO. Son has taken out his own insurance for those reasons. As he's in a ground floor room which opens onto the communal lounge and kitchen I'm glad he has, it must be so easy to walk out to cook a meal and leave your room open then forget you've done that.

Well as we haven't made a claim in over 8 years, I'm not too worried. However, if people are concerned then go with the student insurance. I was just pointing out that its not always necessary amd trying to save people money.

Gemma86_2

Hi,

I def recommend a company called SIS Direct Ltd. My parents insure their student let propertys through them and they also do student possessions insurance. Dirt cheap and just as good as any of the others (i've been with Saxon and Endsleigh), been with SIS for two years now had a claim last year with no probs.

https://www.sisdirect.co.uk - not sure of phone number

Cheers xx

onzey

Anyone else had good experience with sisdirect? I still have time to cancel policy taken out with Endsleigh but can't find peoples comments about sis on the net.