Sending a child off to college is an exciting milestone. Between packing boxes, buying supplies, and preparing for move-in day, insurance is probably one of the last things on your mind.
However, a few simple conversations now can help protect your student and avoid unexpected expenses later.
Does Your Homeowners Insurance Still Provide Coverage?
If your student is living in a residence hall, many homeowners insurance policies extend coverage to personal belongings while they’re away at school.
Items such as laptops, clothing, furniture, bicycles, and other personal belongings may be covered if they’re stolen or damaged. Coverage limits and deductibles vary by policy, so it’s worth reviewing your coverage before move-in day.
If your student is living off campus in an apartment or rental home, renters insurance is often a smart investment. It can help protect personal belongings and may also provide valuable liability coverage.
What About the Laptop, Tablet, and Other Electronics?
Today’s college students carry expensive technology everywhere they go. A laptop, tablet, smartphone, headphones, and gaming equipment can easily add up to several thousand dollars.
If these items are lost, stolen, or damaged, would your current insurance provide enough protection?
Review your policy to understand what’s covered and whether any limits apply to high-value electronics.
Will Your Student Have a Vehicle at School?
If your student is taking a car to campus, let your insurance agent know.
Where the vehicle is primarily kept can affect your policy, and your carrier may have specific requirements based on the school’s location.
You may also qualify for discounts if your student maintains good grades or attends school without taking a vehicle.
Liability Protection Matters
Accidents don’t only happen on the road.
If your student accidentally causes damage to someone else’s property or someone is injured because of their actions, liability coverage may help protect your family from costly claims.
Understanding how your homeowners, renters, or auto insurance provides liability protection can give everyone greater peace of mind.
Don’t Forget Health Insurance
Before classes begin, confirm that your student understands how to access medical care while away from home.
Verify that healthcare providers near campus participate in your health insurance network whenever possible. Knowing where to go before an illness or injury occurs can make an already stressful situation much easier.
A Quick Insurance Checkup Can Save You Stress
College is full of new experiences. Taking a few minutes to review your insurance coverage before move-in day can help ensure your student is protected from day one.
Questions about coverage for your college student? The team at Professional Insurance Programs is here to help you review your policies and answer any questions before the semester begins.