Is Your Child Going Away To College?

Is your son or daughter going away to college? Make sure their insurance coverage doesn’t go away too!

Okay your son or daughter has a notebook or laptop for power lectures, a futon for the dorm room and snacks for late night studying. Everything is set as they embark on their college journey. But hold on- you might be forgetting something!

Although it may not seem like a top priority right now, insurance is a concern all college students need to think about. Having he right type of insurance can provide vital protection during years when most people can ill-afford any major setbacks.

Whether students are covered on their parents’ policies or need their own coverage depends on their status as a full time student among other things.

Here are 9 questions to consider and talk to your professional agent about…

1. Car Insurance – Commuting to School?

Is your son or daughter going to be commuting to school this fall? Whether they are living on campus, renting or sharing housing with roommates or if they are staying at home to save money, it’s important to know that they are covered during their commute to and from school.

Are they taking a vehicle or using someone else’s? Does the other vehicle/owner have coverage? These are all important questions that you will want to have a clear answer to before your son or daughter heads off for college.

2. Renters Insurance – Are They Staying in a Dorm or Apartment?

Renter’s insurance isn’t just for after graduation. If your child is planning on staying in a dorm or apartment while attending their college, you may want to understand what is and isn’t covered through renter’s insurance. Accidents can and will happen. It’s important to understand your coverage options.

3. Transporting Items to School? What About Identity Theft?

Does your son or daughter plan on transporting items to school? Furniture? Laptop? Credit or Debit cards? What would happen right now if they misplace their card or forget their wallet at starbucks or they suddenly become the victim of identity theft?

Did you know that without proper coverage you could end up paying out-of-pocket more than you want, to replace lost, damaged or stolen items while your child is continuing their education this fall. Pick up the phone and call us today to discuss your current policy, it’s coverage and what your options are.

4. Liability for Injuries or Damage of Property of Others?

We all know someone who’s son or daughter tends to take things a little too far. No one ever intends to damage the property of another or injure someone but when your child is in the line of fire or things go awry, improper liability coverage can leave you high and dry in your child’s time of need.

5. Accidental Damage to Dorm or Apartment?

Nobody really enjoys moving furniture. If you’re clumsy “hired help” takes out a window or breaks the tip off of the light switch while you’re son or daughter is moving in you want to make sure you are covered by your insurance policy.

6. Health Insurance – Single or Dependent? Does Your Health Plan Cover International Trips?

Before you send your child off to college this year, it’s important to have a professional go through your policy with you to determine if your current health insurance plan covers your son or daughter and what is and isn’t included on that policy.

If they’re planning on traveling internationally or making a road trip over spring break with their friends, it’s important to have your coverages clearly spelled out for you.

7. Tuition Insurance – Due to Health or Family Issue Could Result in Loss of Fees

What is tuition insurance? Is there even such a thing? Chances are, you may have never even heard of it. What would happen if your child was terminally ill or was forced to miss a large portion of their schooling do to their health or a family issue?

Would the school compensate you for the time missed or would this result in a loss of fees for you? These are question we can help answer for you here at Eastling Insurance.

8. Travel Insurance?

Going on spring break? Out of the US? What about lost luggage, trip cancellation? Health coverage? Rental car? Surprisingly, you may have more options than you think when it comes to choosing the right kind of insurance coverage for you and your loved ones.

Having a helpful insurance agent that understands the ins and outs of your policy to explain things for you is worth it’s weight in gold. We’re just a phone call away to answer your questions and help you navigate through the options you have.

9. Life Insurance Coverage?

In the event of an untimely death of a student or parent, who will pay for the loans (car payments & student loans?) What about final expenses, travel cost, etc? These are all things to consider before sending your son or daughter off to college this fall.

For further information or questions, we are happy to review this with you, give us a call today!

Have A Question?

Call us today at: (920) 596-3355