Issue 145

One third are uncovered

25th September 2006

A survey carried out by the Endsleigh insurance company has found that the average student's belongings have an average cash value of £4,512, yet a third of those questioned had no insurance cover.

The survey, which was carried out in May and June of this year, questioned over 3,500 students in universities and colleges across the UK.

The survey also showed that students are unaware of the value of their belongings underestimating by an average of more than £1,100 and either not taking out insurance or relying on parental cover which may not be sufficient.

In fact nearly a third assumed they were covered by their parents' insurance but some of these policies specifically exclude student cover.

Endsleigh spokesman Tim Larden said: "With a new university year almost upon us, now is the time for new and existing students to think about protecting their valuables.

"We know that the average student not takes thousands of pounds worth of valuables to university, including around £850 of computer equipement and the majority have items such as iPods. We are urging students to be more careful with their belongings."

Jason Sannegadu