Insurance Considerations for College-Bound Students

Posted by: Mackenzie (D/D) - 07.28.2017 - 13:28 pm

As summer comes to an end, thousands of teens will leave their homes and begin life as college students. This new phase in life brings a flood of emotions and new experiences. College life also changes the teen’s insurance needs.

Auto Insurance

If you are the parent of a teen, you’ve likely noticed that they are much more expensive to insure than other drivers. However, leaving your student on your family policy could reduce that cost. Furthermore, if they take a driving course or make the Dean’s List, you may be able to reduce the insurance costs even more.

Some colleges prohibit cars for first-year students. If this is the case for you, make sure to call your insurance agent. You should also call your Goosehead agent if your student is moving over 100 miles away from home.

Home Insurance

Though most students rent or live in dormitories, your family’s home insurance policy may cover the student’s belongings if they live on campus.

Most students need to have a laptop, television, and other expensive belongings. Contact your Goosehead agent to make sure your student’s possessions are covered.

Renter’s Insurance

For college students who do not live on campus, renter’s insurance can cover their vital belongings. No student wants to be without their laptop should it get stolen. An inexpensive renter’s policy will cover the expense of replacing computers and other belongings in the event of theft or loss.

If you have a teen headed to college, make sure to call your Goosehead agent today. 

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