The Protection You Need for the Ones You Love
Even the most responsible university or college student is unable to plan for the unexpected.
APOLLO’s Student Tenant’s Insurance helps protect students and their belongings from the unexpected. Here are a few examples of how a student rental insurance policy can help financially cover your child and their personal property.
Fire and Smoke Damage
Where there’s smoke, there’s fire – and where there’s fire, there’s damage. To recover the losses, insurance helps look after you from spark to finish.
Despite our best-laid plans, pipes burst, septic pumps fail, and bathtubs overflow. Insurance gives you the helping hand you need to cover any property damage and restore your child’s space.
Additional Living Expenses
This includes any costs of basic daily living and maintaining good health. They’re covered by insurance when your child is forced out of their space by the unexpected.
Crime and Vandalism
Protect valuables from theft or damage. Insurance typically covers break-ins or damage to belongings, and compensates you to be able to either repurchase or repair personal property.
There are countless scenarios that can end up hurting you financially like somebody falling down stairs and suing you. Protect yourself and your child from potential out-of-pocket costs by making sure you have the right liability insurance in place.
What Insurance Does Your Child Need for Student Housing?
With so many different types of insurance coverage available, it can be hard to know what to look for. Here’s what you should consider when selecting a policy.
Coverage limits are the maximum amounts your insurance company will cover due to lost or damaged belongings, personal liability, or additional living expenses.
The primary coverage included in APOLLO’s Student Tenant’s package is Contents insurance up to $150,000.
The deductible is the amount you’re required to pay when you make a claim in order to activate the coverage in a policy. For example, our student renter’s insurance policy offers a deductible up to $2,500.
Scope of Policy
Using the cost of your coverage limits and deductible, you can determine the approximate price of your policy. In most cases, the higher your coverage limit is, the higher you’ll pay monthly or annually to be insured. A few other factors that can affect the price of your policy include:
- The location of the student rental property
- The type of building the rental unit is in
- Previous insurance history
Get Insured in 3 Quick and Easy Steps
Find – and receive – your child’s student rental insurance policy all online, in less than 15 minutes. It’s as quick and easy as one, two, three…
Find and select the coverage you need with a quick and easy insurance quote.
Choose a convenient payment plan that suits you best.
Get the policy documents delivered to your inbox instantly.
Effortless Student Tenant’s Insurance
APOLLO is making insurance effortless for student renters and their parents by delivering tailored coverage digitally.
Our Student Tenant’s Insurance protects you and your child from experiencing large losses due to accidents or natural disasters. If your child is renting as a student, this policy can help you cover any costs associated with:
- Destruction or damage of their personal belongings
- Theft, including stolen packages or bikes
- Personal liability, including accidents and injury
- Living expenses should their unit become uninhabitable
APOLLO is making Student Tenant’s Insurance effortless, so you can have peace of mind and your child can focus on what’s important — their education.
Commonly Asked Questions About Student Renter’s Insurance
Answers to our most frequently asked questions about tenant’s insurance for students.
No, you will need to pay for your coverage up front in one installment. This is because all of our Student Tenant’s Packages receive a special rating and are required to be paid in full.
You can pay for your one-time premium amount with a Visa, Mastercard, American Express, or Visa/Debit. We currently do not accept e-transfer, cheque, or cash.
Tenant insurance covers things like the cost to repair or replace your belongings if they get damaged or stolen and any extra expenses you may incur if you need to temporarily relocate due to a damage to the building. Liability coverage is also there to protect you if someone sues you after a slip and fall or fire ensuing from your unit.
Yes, you will be issued a refund upon cancellation, minus the taxes and fees, which are non-refundable. You can find more information about the taxes and fees on the quote page of your application.
Yes, your building manager will automatically receive confirmation that you’ve purchased your policy.
The primary coverages included in the Student Tenant’s Packages are $1M Personal Liability and $10K Contents coverage. The quote page within your online application will provide you with a comprehensive list of all coverages included within your policy.
This policy is built to cover you for the most common types of losses such as fire, smoke, theft, windstorm, hail, fallen tree, burst pipe etc. It also includes coverage for your stuff that you carry with you up to a certain limit such as laptop, camera, bicycle etc. In order to keep this policy fairly inexpensive, some high cost coverages have not been included in it such as Flood, Earthquake and Sewer Backup.
We have handpicked the coverages to create this package specifically for Students at the best price possible. We have collected the relevant information from your landlord and applied all the possible discounts to present our most cost effective solution to you.
Student Tenant policies are available for an entire year. Depending on your campus, you may have the option to select coverage for seperate semesters. Your online application will outline the options available to you. Our team is happy to assist you should you wish to transfer your policy to a new location.
No, this is a package policy that does not allow for coverages to be reduced or removed.
No, your roommate will be required to purchase their own policy.
Our Student Tenant’s policy is designed for students living on campus. In the event that you move, our team can help transfer your policy to cover a new location.
Proof of coverage is required by your building manager prior to you occupying your unit. Purchasing your APOLLO Student Tenant’s policy is the easiest way to get the coverage you need. Although you may be able to use the extending coverage from your parents’ policy, obtaining proof of this coverage can be quite difficult and time consuming.