Which type of insurance is encouraged for students living in campus housing?

• A. Health insurance
• B. Individual renter's insurance
• C. Auto insurance
• D. Life insurance

Answer: (B)

Renter’s insurance is the idea here because it protects your belongings and provides liability coverage in campus housing. When you’re living in a dorm or shared apartment, your personal property—laptops, clothing, textbooks, and electronics—can be at risk from theft, fire, water damage, or other events. A renter’s policy covers those items up to set limits, so replacing them doesn’t drain your savings. It also helps if you’re held responsible for damage or injuries in your living space or caused by you to others, offering liability protection.

Health insurance matters for medical costs, but it doesn’t protect your stuff or your legal responsibilities. Auto insurance covers vehicles, not your living space. Life insurance focuses on long-term financial planning for dependents and isn’t specifically tied to housing situations.

Renter’s insurance is usually affordable and tailored to students, making it a practical safeguard for campus life.