Insurance Coverage For Your Child While in College
Sending your child off to college is one of the scariest yet proudest times in your life as a parent. While you know that they are off getting an education and experiencing new things, it also means that they will be miles away from you. Investing in the right insurance policies can help to ensure that they stay safe no matter what peril they may run into. Keep these insurance tips in mind when looking for the right coverage for your college student.
- Cover their belongings – when you move your child out of your house, they will bring a lot of their belongings with them. If they are moving into a dorm, your existing homeowner’s insurance policy will most likely provide coverage for what they bring with them. If they are moving into an off campus apartment, you will want to invest in a separate renter’s insurance policy to provide the right amount of protection.
- Think about their health – if your child is under 26, they will still be covered under your health insurance policy. However, if they are moving to a different state, check with your insurance company to make sure that they will be covered if they need to see a doctor.
- Notify your auto insurance carrier – you will have to let your auto insurance provider know that your vehicle will be kept at a separate location. If your teen is not taking their car, you may be able to lower your auto insurance rates since they will not be driving the car as often.
Contact Insurance and Mortgage Services in Batavia, Illinois for all of your insurance needs. We will work with you to ensure that you and your college student have the right amount of coverage, all at the right price to fit your budget.