Learn which types of coverage your college kid will need.
If your child is heading off to college this fall, it’s important to make sure they are prepared for anything that comes their way. The best way to ensure that they are ready and protected is with the proper insurance coverage. Here are some of the insurance protections your college student cannot afford to overlook.
Whether your child is staying in school housing or an off-campus apartment, they will need renters insurance to protect their personal belongings. Should your child’s possessions sustain damage or get stolen; renters insurance will offer them compensation. Additionally, having renters insurance also means that they have coverage for any personal liability issues that may arise.
If your child is planning on taking their car with them to campus, they will, of course, need auto insurance protections. If your child is attending an in-state school, they will likely be covered on your existing auto policy. However, if they are going out-of-state or meet a certain set of conditions, they might require their own insurance policy. Contact your insurer to find out how to best address your student’s auto insurance needs.
Nowadays, most colleges require students to carry some minimum level of health insurance. Generally, schools offer students the option to enroll in a school health plan or show proof of coverage on their parents’ existing policy. If you would like to keep your student on your current plan, make sure you check with your insurer and your child’s school to ensure that they will have adequate coverage.
These are some of the insurance coverages that your college student will need. Need assistance with securing the right personal insurance coverages? Then contact the team at John E. Peakes Insurance Agency. Our experts are ready to get you covered today.