Kanetix Forum

My daughter has headed off to University. Will my homeowner's policy cover her personal possessions while she is living in residence?

Most homeowner¿s insurance policies include this coverage automatically on your policy although the exact coverage amounts may vary. Typically, insurance companies will cover somewhere in the neighbourhood of $5000 worth of your daughter's belongings while in residence. You should discuss the exact coverage applicable under your policy with your insurance company to make sure it is sufficient.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.