Loyola Renters Insurance
Help protect your property at Loyola
with Renters Insurance
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INEXPENSIVE
Average cost is less than
$16 per month
SIMPLE
No credit score needed to
issue a policy
Loyola University Chicago is located in the heart of a major city, where the cost of living is much higher compared to other suburban areas. Renting an off-campus apartment, especially in an urban area, can be expensive. Therefore, it is essential for Loyola students to protect their belongings by purchasing renters insurance.
Renters insurance offers liability protection and covers damages to personal property caused by theft, fire, or water damage. It is important to note that the landlord’s insurance only covers the building structure and not the tenant’s personal belongings.
In addition, Loyola University Chicago recommends that all students living off-campus have renters insurance. The university’s Office of Community Standards and Student Support recommends that students should purchase a renters insurance policy that provides at least $100,000 in liability coverage and $10,000 in personal property coverage.
Having renters insurance provides peace of mind, knowing that any unforeseen circumstances can be managed and recovered from with insurance. It is an affordable and simple way to protect personal belongings and financial assets. Loyola students should consider the advantages of renters insurance as they make their off-campus housing plans.
- Theft & Fire Protection. For your laptop, bicycle, cell phone, etc.
- Homeowners Insurance Alternative. No credit checks and a lower deductible
- Worldwide Coverage. Your belongings are covered anywhere in the world.
- Liability Protection. Coverage if you accidentally damage your place of residence.
- Replacement Cost. If your old property is stolen, we’ll pay for the new version.
If your laptop or other valuables are stolen or damaged due to a covered reason, your school or landlord is not responsible for replacing them. Uloop has partnered with GradGuard to offer Loyola students the GradGuard College Renters Insurance Plan to protect your property on campus and around the world.
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