Insurance: Peace of Mind for College Kids
Posted: Aug 16, 2014 7:53 PM CDT | Updated: Nov 5, 2014 3:27 PM CDT
Parents, having your child adequately covered could spare you a lot of money and maybe even heartache if you plan ahead. Realize you don’t need renters insurance for the dorm since a homeowner’s plan will likely cover it. But you might want to consider a personal articles policy, insuring specialized items like computers, sports equipment, or muscial instruments.
If you live off campus, in an apartment, it’s advised to get renters insurance. Also, if the child’s permanent address is the same as the parents', there’s no need to get extra car insurance coverage. And, if your child doesn’t take a car to school, you could actually get a discount because of it.
The link listed below can answer any further questions you might have.