GradGuard launches expanded renters insurance program for Rhode Island students

GradGuard has expanded its renters insurance program to include students coverage in Rhode Island.

GradGuard has expanded its renters insurance program to include coverage for Rhode Island students.

This expansion is a significant milestone in GradGuard’s mission to help students educate and protect themselves from the risks of college life.

The reason for this new product expansion is to provide comprehensive renters insurance to college students in Rhode Island, ensuring they are protected against unexpected losses. This addition reflects GradGuard’s ongoing commitment to supporting students nationwide.

GradGuard, known for its innovative insurance solutions, offers programs specifically tailored to the needs of college students.

Their services aim to mitigate the financial risks associated with college life, providing peace of mind to students and their families.

The expanded renters insurance program is designed with students in mind, offering liability coverage, worldwide coverage for personal property, and a low deductible. With the inclusion of Rhode Island, GradGuard now provides its renters insurance program in 49 states, making it more accessible to students across the country.

GradGuard’s Renters Insurance offers exclusive benefits, including coverage for personal property like laptops, textbooks, and furniture against theft, fire, water damage, or other covered perils. It also includes liability protection for accidental damage to rental property or injury to others, with affordable monthly or annual premiums.

John Fees, co-founder and CEO of GradGuard, stated, “We are thrilled to bring our renters insurance solution to students in Rhode Island. As students prepare for the upcoming year, it’s crucial to ensure that their possessions are protected against unexpected losses. Our renters insurance can provide a safety net, allowing students to focus on their studies without worrying about the financial burden of replacing lost or damaged items.”

Kylie Jones, Senior Product Manager of Personal Lines, Admitted Property and Analytics at Markel Specialty, added, “We worked closely with GradGuard to expand the renters insurance offering to Rhode Island. We are here to help support students when the unexpected happens, and they need to file a claim.”

Fees added, “The expansion into Rhode Island reinforces our commitment to serving the evolving needs of college students nationwide. We look forward to working with Rhode Island colleges and universities to educate students about the importance of renters insurance and provide them with the coverage they need to protect their belongings.”

Keep up with all the latest FinTech news here

Copyright © 2024 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.