You receive financial reimbursement for tuition, housing and other fees for withdrawal for any covered reason. (allianztuitioninsurance.com)
You will receive financial reimbursement for items that or stolen or broken due to theft. (rentersinsurance.net)
Though not everything in your possession could exactly be replaced, it is still worth having a means of financial reimbursement in the event of a major loss. (rentersinsurance.net)