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Less than half of students covered
Friday, 10 August 2007
Only 40 per cent of university goers have adequate insurance cover, the British Insurance Brokers' Association (BIBA) has claimed.
Research by BIBA suggests that although up to 38,500 students may be burgled during their studies, only four in ten will be able to successfully file an insurance claim.
With the average value of a student burglary at £900, BIBA is urging university goers to take all necessary precautions - including checking their parents' policies to see if they are covered.
Graeme Trudgill of BIBA said: "Many household policies do cover items for students living away from home. But the limits might be quite low and it may not cover high value items like laptops."
He added: "Some of them might think they can get away without buying insurance but we know that one in three students [is] a victim of crime."
According to Ucas research, the number of applicants to UK universities has grown by six per cent when compared to last year's figures.