As your child heads off to college, there’s more to think about than just textbooks, dorm décor, and meal plans. It’s also the perfect time to talk about safety and review your insurance coverage. Whether they’re living in a dorm or off-campus, your student is taking on new responsibilities—and your insurance plan should be ready to support them.
Here are some important tips to keep your college-bound child protected:
1. Know What’s Covered in the Dorm
Most homeowners insurance policies extend coverage to a student’s belongings if they’re living in a dorm and are a full-time student. But coverage is often limited (typically 10% of your home’s personal property limit), so review your policy carefully. Expensive electronics like laptops, tablets, and gaming systems may need additional protection.
Tip: Create an inventory of your student’s valuables before they leave and check if a renter’s or personal articles policy is necessary.
2. Off-Campus Living Requires Extra Coverage
If your student is renting an apartment off-campus, your homeowners policy usually doesn’t cover their belongings. In that case, renter’s insurance is a smart and affordable option that covers theft, fire, water damage, and even liability.
3. Car Insurance: Keep It Current
If your student is taking a car to school, notify your insurance company of the new location. Rates can change depending on where the car is primarily kept. If they’re not bringing a vehicle, you might qualify for a “student away at school” discount keeping them covered while potentially lowering your premium.
4. Teach Cyber Safety
College students are especially vulnerable to cybercrime, phishing, and identity theft. Talk about strong passwords, safe internet practices, and protecting personal data. Some insurance providers offer identity theft protection as an add-on or stand-alone policy.
5. Health Coverage Check-Up
Most students can stay on a parent’s health plan until age 26, but it's smart to confirm network availability near their campus. Many colleges offer student health plans as well, which might be a better fit depending on your coverage.
Going to college is a big transition—make sure your insurance plan meets your needs. Need help reviewing your policies or setting up coverage for your student? We're here to help. Call us today or contact us online to make sure your family is fully prepared for this next chapter.