The University of California highly recommends that residents consider purchasing personal property insurance. On college campuses, where laptops and other valuables are often left unattended in libraries, classrooms, dorm rooms, and study areas, theft can be a real concern. If your laptop or other valuables are stolen, you are responsible for replacing them, not UC Berkeley. That is why Personal Property Insurance may be a smart investment for college students.
Personal property insurance is not mandatory and may be purchased from any source. As a service to assist residents who wish to acquire personal property insurance, the University of California has partnered with GradGuard™ to provide a personal property insurance option for UC students to shop for coverage directly.
Under GradGuard™, any personal items that are stolen or damaged can be replaced at full cost, subject to a deductible. Covered items include clothing, computers/laptops/tablets, smartphones, bikes, game consoles, textbooks, furniture, and more. Personal Property Insurance also protects you financially for unintentional damage to your university housing or bodily injury for which you are liable. With a low deductible and low monthly rates, Personal Property Insurance is a good fit for students. To sign up for personal property insurance visit gradguard.com.
Features include:
- Deductibles as low as $100
- Replacement cost coverage: Lost or stolen items will be covered for the cost to replace them
- Worldwide coverage
- Electronics coverage, up to the policy limits
- Policies can be shared by roommates
For pricing and coverage details, please visit gradguard.com. GradGuard is a service of Next Generation Insurance Group LLC, a licensed insurance producer. Personal Property Insurance is underwritten by Markel American Insurance Company, Waukesha, WI. The advertised product is not available in AK, CT, FL, MD, and RI. Other program options are available for these states. Claims and coverage subject to policy, language, limits, and exclusions.