The tuition is paid, the books are purchased and the dorm room mini-fridge is stocked. But there's still one back-to-college expense families should assess — renters insurance.
Theft and property damage incidents on college campuses are relatively rare, but not unheard of. In 2015, colleges reported 1,926 fires at on-campus student housing, according to the Department of Education. Burglary is the most common on-campus crime, per a 2016 National Center for Education Statistics report, accounting for half of crime at public and private 2- and 4-year institutions. The 13,500 burglaries reported equal roughly nine incidents per 10,000 full-time students.