Leading on-campus renters insurance program now available for off-campus & private student housing.

April 8, 2019 11:05:49 AM EDT / by John Fees

Student Housing Operators looking to protect their property and increase profitability are smart to consider GradGuard’s off-campus renters insurance program. 

Austin, Texas, April 8, 2019 – Interface Student Housing Conference

GradGuard™– the leading provider of property and casualty insurance to more than 300 colleges and universities, announced today at the eleventh annual Interface Student Housing conference, that its college renters insurance program designed specifically for the needs of college students is now available to the off-campus and private housing industry through GradGuard.com/off-campus.

According to John Fees, co-founder of GradGuard “more colleges and universities trust GradGuard to protect their students and institutions through our specially designed college renters insurance program than any other company. Today’s announcement extends our college insurance programs beyond housing provided by colleges and universities to also become a valuable feature and amenity for off-campus and private student housing companies.”

84_NMHC_Quote_Clip_on_Renters_Insurance_copyLiving away from home, whether on or off-campus, has its fair share of risk. Data from the FBI Uniform Crime Reports indicate that for 2015, there were 69,502 property crimes occurred on 684 campuses who provided their information. In addition, Clery Act safety reports by colleges show that for the past decade on average there were more than 2,000 fires reported within on-campus student housing. As a result, it is not surprising that majority of state insurance commissioners recommend college students consider protection afforded by renters insurance.

According to Bob Soza, President of College Parents of America, "students cannot often pay for the damages they cause or afford to replace their property that is stolen or damaged. As a result, we agree with state insurance commissioners and recommend to families to encourage their students to consider student housing properties that include renters insurance or provide a convenient opportunity for students to purchase renters insurance. For about $12/month, students can secure protection against financial losses making renters insurance a must-have amenity for college students living independently for the first time."

Renters_on_campus_fire_trends“GradGuard’s on and off-campus renters insurance program contains a unique endorsement that makes the coverage relevant to the risks of college life that both young adults and property owners are exposed to” continued Fees. “At no cost to housing companies, we are pleased that off-campus housing operators can now also provide their residents with access to the expanded coverage and features that leading higher education institutions provide to their on-campus students.”





Topics: Press Releases, Student housing

John Fees

Written by John Fees

John Fees is the Co-Founder and Managing Director of GradGuard™. Fees is a graduate of Arizona State University, where he received a bachelors of science degree in History and is also a graduate of Harvard Business School where he completed a Masters in Business Administration. John Fees lives in Phoenix, Arizona and is married to Melissa Soza Fees, Ph.D. and is the father of five children. He is the Treasurer for the Arizona College Success Arizona, a Director of College Parents of America, Founding Director and investor in Tonto Creek Camp which provides service leadership experiences to 8,000 students annually. He is also an active member of University Risk Management and Insurance Association and the Professional Insurance Marketers Association.

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