The average worth of a student's possessions is £1,748, newly-released research by Gocompare.com has found.
Despite this, only 34 per cent of university goers have insured their belongings against theft or loss.
Indeed, 31 per cent of those heading off to third level education have between £2,000 and £5,000 worth of stuff with them.
Students have a lot of expensive gadgets, with 97 per cent carrying a smartphone, 82 per cent a MP3 or music player and 25 per cent a laptop.
Mark Greening, head of home insurance at Gocomapre.com, stated that "replacing lost valuables could incur a cost many might not be able to afford on their student budget".
He added taking out a comprehensive policy will cover youngsters if they fall victim to theft, loss or accidental damage.
It highlights how students require financial advice ahead of university.
Tracey Bleakley – chief executive of the financial education charity Pfeg – thinks the only way to prepare them for third-tier learning is through high quality financial education.