| PLANS |
| |
SIG Student Protection Plan |
Home Owners Insurance |
Renters Insurance |
Federal Flood Insurance |
Aftermarket Extended Warranty from Retailer (eg) Computer) |
Wireless Carrier Insurance |
Earthquake Insurance |
Auto Insurance |
| TYPICAL COSTS |
$100/year |
$1000+/yr |
Not mandatory.
$1000+/yr |
Expensive |
$250+ |
$60/year |
$1000s of Dollars/year tied to homeowners |
Expensive for people under 25 years old |
| Likelihood of having this insurance |
Becoming more popular each year |
Must be a home owner |
Does not cover dorms |
Only purchased if in a flood zone |
Many people do not purchase due to cost |
Not common due to restrictive nature |
Not likely due to expense and rarity of earthquakes |
Must have a car of value for comprehensive coverage |
| Dorm room Flood Due to Fire Sprinkler Destroys PC |
Covered ($25 deductible) |
Not always covered but likely effected by high deductible |
Covered but likely to have higher deductible. Claims make rates go up. |
Not covered |
Not covered |
Not covered |
Not covered |
Not covered |
| Cell Phone Stolen from Apartment |
Covered
($25 deductible) |
Below Deductible (if covered at all) |
Below Deductible |
Not covered |
Not covered |
Covered with $50 deductible and limit of one claim |
Not covered |
Not covered |
| Ipod stolen while travelling Internationally |
Covered
($25 deductible) |
Below Deductible (if covered at all) |
Below Deductible (if covered at all) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Friends Bicycle stolen while in your possession at park |
Covered
($25 deductible) |
Below Deductible (if covered at all) |
Below Deductible (if covered at all) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Your Golf Clubs Stolen From Friend's Car |
Covered
($25 deductible) |
Below Deductible (if covered at all) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Maybe but not likely |
| Ipod Stolen while visiting mom during holidays |
Covered
($25 deductible) |
Below Deductible (if covered at all) |
Below Deductible (if covered at all) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Bus fire destroys skis |
Covered
($25 deductible) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Flood caused by severe rain destroys semester's books |
Covered
($25 deductible) |
Not Covered |
Below Deductible (if covered at all) |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Tornado destroys rental apartment and furniture |
Covered
($25 deductible) |
Not Covered |
Covered, but there will be a large deductible |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
Not Covered |
| Earthquake Destroys electric guitar |
Covered
($25 deductible) |
Not Covered |
Covered, but there will be a large deductible |
Not Covered |
Not Covered |
Not Covered |
Covered, but there will be a large deductible |
Not Covered |
