Young adults understand the importance of health and auto insurance, but protecting their personal belongings with renters insurance is just as valuable. (Credit: XY via Adobe Stock)
As 2024 high school graduates prepare for dorm life or apartment living, insurance is likely the last thing on their minds. While their parents' homeowners policies may cover up to 10% of stolen or damaged items, there are several circumstances in which college students and other young adults need property insurance. Now is a good time for an insurance check-in for those under 26, according to Michael Giusti, analyst for InsuranceQuotes.com.
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