College Students Need Insurance Too!

Written by
September 19th, 2012

Insurance needs are often overlooked for college kids in the hustle and bustle of preparing for college. It’s not uncommon for college kids to have thousands of dollars of electronic equipment and a closet bursting with clothes in the dorm rooms, as well as bicycles and instruments.  

Students living on-campus:
Generally, this coverage is part of the parents’ existing policy and will cover up to 10% of the policy personal property limits for a claim from this scenario.

Students living off-campus:
Students who have established their permanent primary address off-campus, and no longer maintains their parent’s address as their primary address, will need a separate renters policy to cover their personal belongings. Make sure that your student living off-campus is protected with this low-cost policy.

What about car insurance for the student who is away at college?
If your student is more than 100 miles away from home and does not take a car with them, you will get a discount on your car rate because the car isn’t being driven while the student is away. See Still Paying  for Your Children’s Auto Insurance?

Good Student Discounts:
Students who maintain a grade point average of a 3.0 / “B” or better will qualify with most companies for a “good student discount”.

Wisconsin residents interested in a free insurance analysis for their personal insurance, please contact a knowledgebroker.

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