Wednesday, March 27, 2013

Is My College Student Covered by My Home Insurance?

This is an interesting article for those that are getting ready to send their kids away to college this fall. Decisions are being made now to determine where they will go to college and what type of housing they will have. One more thing to add to your list...if you just let us know where they will be living we will help you determine what coverage they have and what they will need.

Is My College Student Covered by My Home Insurance?

Don't forget to check on the car insurance also! If they are living away at school without a car, there may be additional discounts you can get during that time. It is not usually a good idea to remove your college student from your insurance while they are gone without a car. This would mean that when it is time for them to get coverage again, they may be penalized with higher rates for going without coverage for awhile. The other problem with removing your young adult is that if they borrow or rent a car, they may not have coverage. Whatever the situation is, we can review with you and work alongside you as life changes and make sure you are covered correctly all the way through.

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