Do you have a child leaving for college soon? There are some important tips to consider before your students leaves for school in the fall.
Leaving a car at home. If your child decides not to take a car to college, you may be eligible for a discount on your auto insurance premium. Check with your agent to see if there is a mileage stipulation. You may also need to provide your agent the name address of the school your child attends.
Renters Insurance. Most homeowners policies provide some coverage for a student’s contents while in a dorm room. Your home insurance policy most likely contains some specifics about the age of the student and number of credit hours. Students over a certain age or enrolled in school part time may need to purchase renters insurance. And, if your child is renting an apartment, the lease agreement may require a renters insurance policy.
Check with your agent to get more details if you find yourself in either situation in the fall!