College Parents Are Smart To Protect Their College Students & Investment In Higher Education

Campus Crime

When you consider the facts, it is smart for college families to consider how to protect their student and the investment they are making in a higher education with tuition and renters insurance.”— John Fees, co-founder & CEO of GradGuard

Paying for college can be a challenge but thanks to a new innovative search tool providing valuable protection for your college student is easy as ever.

The average published in‐state tuition and fee and room and board charges for 2016-17 are $20,090 and for out of state students, total charges are $35,370. The average published total charges at private nonprofit four-year institutions are $45,370, according to the College Board’s 2016 Trends in College Pricing. In total, more than 20 million students and their families invest an estimated $500 billion annually in tuition, academic fees, student housing and related expenses.

In fact, for many college families, the expense of a higher education is one of the largest investments they will make. “With so much money at stake, GradGuard’s new search tool makes it easy for families to find the insurance protection they need to protect their college student”, said Bob Soza, Chairman of College Parents of America.

The GradGuard search tool provides an easy way for families to find and purchase renters and tuition insurance programs designed just for their college or university. According to John Fees, co-founder of GradGuard, “When you consider the facts, it is smart for college families to consider how to protect their student and the investment they are making in a higher education”.

The Need for College Renters Insurance

College students are smart to consider protecting themselves with renters insurance. According to the 2015 Clery Act reports that colleges and universities reported 13,754 burglaries and robberies. During the same year, campuses reported 1,926 fires within student housing.

While property crimes like burglary and campus fires are an ongoing problem on many college campuses, the good news is that there is a renters insurance policy that is designed just for college students. GradGuard’s college renters insurance contains an exclusive student endorsement that provides an affordable coverage that features worldwide property coverage, a low-deductible and no credit check. For about $.50 cents a day, families can protect students against losses making renters insurance a must have consideration for college families.

The Need for College Tuition Insurance:

College families are also smart to consider protecting themselves with Tuition Insurance. A majority of school refund policies do not extend beyond the fifth week of the semester, and many don’t refund the full cost of…

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