 Insurance Needs for Your College Student As summer comes to a close and the new school year is about to begin, there are a number of insurance coverage issues to consider if you have a student heading off to college. Your child will be taking personal items with them, such as clothing, electronics, computers, books, furniture and bicycles.These items can add up to thousands of dollars. Fortunately, parents' homeowner's insurance may provide coverage for these items in most cases. However there are instances where a student should carry a renter's policy or it may be necessary to add a special endorsement to the parents' homeowner's policy. What is the student's age? Are they living in campus or off-campus housing? Is the student enrolled full-time? These are some of the questions to consider determining whether an endorsement or renter's policy is needed.
For example, for a part time student over the age of 24, a special endorsement Additional Insured - Student Living Away from the Residence Premises HO 0527 is recommended. Call us to discuss your unique situation.
It is a good idea to keep an inventory of the items taken to school, including serial numbers of electronics. Photos are always a great help in case you need to file an insurance claim. In addition to the personal items your child will be taking, they may also be taking a vehicle to school with them. If so, the location where the vehicle is kept may impact your premiums. If your child will not be taking a vehicle with them to college, you may be eligible for a premium credit. Lastly, college students can be more vulnerable to identity theft. We recommend carrying identity theft recovery coverage to help your student recover from such an incident. Having a student heading off to college is an exciting and sometimes stressful time. Give us a call to help you determine any insurance changes needed to keep your student adequately protected. | 
