College Student Insurance
As the new school year is starting, your feelings are probably slightly different than your kids, especially if you are sending them off to college. If your child is not going to be staying in a dorm this year, and instead moving into a house or apartment, it is important to take the time to make sure that they are properly covered with the right insurance policies.
While your existing homeowners insurance policy provided coverage while your teen was staying in a dorm room, it will no longer be able to provide coverage if you child is moving out on his or her own. Choosing the right renter’s insurance policy can help to make sure that your child and all of his or her assets are protected while they are away from home.
Depending on where your child is moving, he or she will most likely be required to have a renter’s insurance policy by the landlord. Even though the landlord will have an insurance policy for the property, it will only provide coverage for the exterior of the building, not for what your child keeps inside. If your child’s personal property is damaged or destroyed by a covered peril, his or her renter’s insurance policy will kick in to replace the item.
Even if your child is still leaving most of their belongings at home, they still need coverage. Chances are he or she will be bringing a laptop, clothes, and maybe even a TV. Without a renter’s insurance policy, you will be left paying for the damages out of your own pocket.
To ensure that you and your college student are properly protected this school year with the right renter’s insurance policy, contact the independent insurance professionals at Abbate Insurance in New Haven, Connecticut. We will work with you to make sure that your child has the protection that they deserve while away at college.