How to insure your student digs

As a student, insuring your belongings can rack up, says Natalie Stanton. But there are ways to keep the costs down.

As freshers' week looms, insurance is unlikely to be at the top of students' things-to-do lists. But given that each student owns an average of £4,500 of belongings, according to insurer Endsleigh, not having it could be costly. Follow these tips to ensure that your belongings are protected.

First, check your university's insurance policy. Freshers living in university halls may be automatically covered. But if this is the case, read the small print. Most university and basic student contents insurance is far from comprehensive. You'll want to make sure that any policy covers accidental damage that's the clause that will pay compensation if your MacBook gets dropped in the library, or bathed in beer at a house party.

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Natalie joined MoneyWeek in March 2015. Prior to that she worked as a reporter for The Lawyer, and a researcher/writer for legal careers publication the Chambers Student Guide. 

She has an undergraduate degree in Politics with Media from the University of East Anglia, and a Master’s degree in International Conflict Studies from King’s College, London.