£1.3 billion of university student possessions are uninsured

Contents of the typical student room add up to almost £2,200.

A study by Aviva insurance has revealed that the average student room contains possessions worth £2,184 on average, with tech equipment alone – laptop, phone, tablet, TV and music equipment – adding up to more than £1,100.

However, in spite of the significant store of possessions in each room, a study from Aviva suggests that more than 615,000(1) students have no insurance in place for their belongings. Based on the value of the typical student room, this equates to items worth more than £1.3 billion, not covered by insurance.

A survey of 2,000 parents of university students(2) found 27% said their children had no cover for their belongings while studying, while a further 24% didn’t know if their children had cover.

The study reveals the average value of student room contents as follows:

Item in student room Typical value of item
Laptop £502
Tablet £121
Mobile phone £272
Television  £125
Music equipment e.g. speakers £111
Study books and equipment £259
Sports equipment £75
Specialist equipment e.g. hobbies / musical instrument £115
Clothes and accessories  £422
Other equipment £182
Total £2,184

Louise Colley, Customer Director for Aviva says: “It’s quite easy to underestimate the value of student belongings. Laptops, tablets and phones are now ‘must haves’ for the vast majority of people at university, so very quickly there can be thousands of pounds of possessions in one room. If they’re not insured, it can be a real headache - both emotionally and financially - if the worst happens.

“The good news is, many students can be covered quickly and easily on their parents’ home insurance policy. In fact, a quarter of parents (26%) said their children had cover under family home policies, meaning that the students themselves didn’t need to worry about taking out extra cover.

“For those living in university accommodation, an Aviva standard household contents policy provides £5,000 cover for items ‘temporarily removed from the home.’ So, providing the student lives at home outside of term time, their belongings will be covered. And if the family policy has personal belongings cover, too, this means the students’ bits and pieces outside their digs are also protected – at no extra cost.”

Student cover under Aviva home contents insurance covers belongings in a student’s room, at their shared house or halls on campus and covers them for fire, storm, flood, or malicious damage. Theft is also covered, but only if someone physically breaks into or out of the accommodation.

So far in 2017(3) Aviva has settled more than a third (34%) of household contents claims on the day of notification, and 46% of household contents claims were settled within five days. More than a third of customers (35%) have also notified Aviva of their household contents claims online, during 2017.

Find out more about student contents cover from Aviva here.


Media Enquiries:

Aviva Press Office | Sarah Poulter | 07800 691569 | sarah.poulter@aviva.com | @sarahpoulter

Notes to editors:

(1) Based on figures provided by Universities UK: In 2015–16 there were 2.28 million students studying at UK higher education institutions. 615,000 Figure is based on 27% students with no cover.
(2) Unless stated, all figures are taken from research carried out by Censuswide in June 2017. 2000 UK parents who have children at university or who have been to university in the last 10 years were surveyed online.
(3) Information correct at 10 July 2017.

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