Nationwide Building Society Provides Home Insurance Tips for Students

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The Nationwide Building society is warning that students at college or university need to be prepared for the need for home insurance, and provide tips to parents for cover.

The Nationwide Building Society is urging parents not to let their offspring forget about home insurance as they prepare for university over the coming weeks. By checking if student possessions are covered under their own home insurance policy, parents could avoid paying extra to insure those possessions while the student is away from home.

Students starting university this year may take with them expensive items such as a home computer, television, DVD player, hi-fi system, games console, study books and music downloads. With a potential total value in excess of £1,500* it makes sense to ensure that these belongings are insured while being kept in temporary student accommodation.**

Students whose parents have a Nationwide home insurance policy are automatically covered for possessions kept in their temporary place of residence that are lost or damaged as a result of theft *** or other insured incidents named in the policy.

Students should return to the parents' home with their belongings during holidays. Furthermore, Nationwide provides the added security that any music paid for and downloaded onto a mobile phone, MP3 player or other home entertainment equipment will be covered as standard up to the value of £1,000.

For more on Nationwide's home insurance protection, check out home insurance section on our website: .

*Approximate assumed values: Home computer £700; hi-fi system £200; TV £150; DVD player £130; games console £180; music downloads £100; books £100.

**The student must normally live with their parents outside term time and the belongings should be returned to the family home on final completion of the studies.

***Claims will only be paid if there is evidence of forcible entry or exit in respect of lost or damaged items in the event of theft.


  • 'Home computers' does not include laptops, which can be covered by taking out additional cover for personal possessions;
  • Accidental damage is not covered;
  • Under Nationwide's home insurance policy, contents temporarily taken away from the policyholder's home to college or boarding school are covered;
  • Contents are covered anywhere in Europe or anywhere else in the world for a maximum of 60 days in any period of cover.


Neil Gatherum
Digital marketing
T: 01793 654852
E: neil.gatherum @

Ref: 5717APRNW

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