Your child is off to college . Bags are packed . This is determined by GPS . A fistful of tissues and you have to drive back home .
What will happen now ?
As soon as you move your child out of the house , everything will change your insurance policy and how you can provide the best protection .
Here, the need for college -bound children have three insurance policies :
1 Auto insurance
Your son or daughter to school by car , we usually carrying low , mechanical voice comes to choosing a vehicle , as well as the old . This accident is not a matter of if , it 's a matter of when .
( We do not need to cover physical damage is located , before even the college , they will need to driving an older teenager that comes to our clients . )
New car parts and labor required for repair caused by high insurance premiums more expensive . With an older vehicle , in order to strike a better education, books , and travel can be spent at home , your auto insurance , you can save money, hundreds of dollars .
Current car insurance plan , you can provide your child , but the insurance carrier vehicle "school trip " and have said that the location of the school .
Is not important for your child's college experience in a vehicle , even if it is , there's more to consider when it comes to auto insurance .
Your college student will not be taking a car to school , you kids , " school away . " Car full of kids that do not have access you can reduce your premiums shall inform the carrier . The teenage driver of the policy ( listed or rated ) , which can help to reduce your premium growth .
2 Homeowner or renter 's insurance
If your son or daughter the rest of the campus dorm rooms , off- premises theft, to add extra space to your existing home insurance policy . This must be missing something , its contents , or to protect his room . You are valuable items - such as a computer , a bicycle , and camera equipment in the dorm room, they just have a personal articles floater to protect them . I want to schedule as
If you are renting an apartment off-campus buildings for a site in your child sustains injuries while the child is provided with the name of the renter 's policy . In case of a fire or flood policy to protect your child's belongings cover to cover property damage and cover in the form of a " loss of use " (fire , wind , burst pipes ) to ensure that he is going to repair the alternative accommodation arrangements for housing financial reserves .
If he is away at school for your child to live in the house or condo you want to purchase , to ensure you have enough liability coverage in a homeowners insurance policy to protect and need to look at the contents . Second home or investment property feature for you to decide - this is a decision taken lightly and directly affect your insurance policy will cost and how much you should not be. ( For details, tax advisor , or consult with a real estate attorney . )
3 health insurance
Depending on the time of full-time college student , a college student , the parents are allowed to stay in the health insurance plan . If you can not prove there is medical insurance , college, the plan may require the automatic registration . Check the university about it .
Changes in the health care reform , the provisions of the plan to extend coverage to the dependents Check with your carrier for the state .
Finally , we encourage your children to be a part of the insurance process . They need to know how to get insurance for a day , and it 's great to learn how to make this the perfect time to start .
You kids go to college, what happened?