Insurance For Your New College Student
If you are now living with a recent high school grad and have to think about saying farewell to your new college student as they take on life’s next journey, it is important that you consider their insurance needs. There is so much excitement associated with this major life milestone that many families neglect their child’s new insurance needs. Gathered is an informational list that can help you obtain the right insurance for your new college student.
College Student Insurance Checklist:
- Homeowners Insurance – Will your child be venturing the dorm life for their first year of college? If so, you can typically receive enough coverage for their personal belongings under your existing homeowners insurance policy. Be sure to check with your provider though before opting away from additional coverage.
- Renters Insurance – Renting an apartment for their first year of college? If so, renters insurance is a must! They will need one of these affordable policies in order to be safe from litigious harm and to receive coverage for their personal belongings. These policies typically cost about $12 a month, so there is no reason to forgo this vital coverage.
- Auto Insurance – College students that bring their cars with them to school must change their insurance coverage, especially if they will be venturing out of state. This is because each state has its own liability limit requirements that they will need to follow. If they will be leaving their car at home with you, be sure to give your insurance carrier a call and see if you qualify for the resident student discount since the car will not be in use.
Contact Medwin Insurance Agency in Beverly Hills for all of your California auto insurance, homeowners insurance, and renters insurance needs. We will help you obtain the proper insurance for your new college student so that you can watch their evolution into adulthood with peace of mind.