Your Back-To-School Insurance ChecklistPosted on Aug 11, 2023
Summer is starting to wrap up, which means one thing: Back-To-School. You and your kids are probably gearing up for the upcoming school year. Whether your child is in another year of elementary school or if it’s your first time sending your child to college, we’ve got you covered with our own insurance checklist!
This covers the general insurance necessities that you should look into during this time of the year. We’ll break down each one in detail each week this month. That way, you not only can stay on top of making sure your kids are prepared for school but making sure your policies are up to date.
Home and Renter’s Insurance
Some dorms and all off-campus housing will require your child to have renter’s insurance. Renter’s Insurance policies cover personal property and also provides liability coverage for your child. This means if their laptop or other belongings get stolen or damaged by fire or water, you’ll be able to have some peace of mind.
Here’s something you may not have known about your child’s belongings and your homeowner’s policy: did you know that your homeowner’s insurance policy doesn’t just exclusively cover your house? If your child is going to stay in a dorm or an apartment, their belongings may be covered in your homeowner’s policy.
If your child is driving out of state or commuting to somewhere close, it’s essential to keep them on your auto policy. Not only are you ensuring your child’s safety when they’re driving while in school, you’re also gaining a lot of benefits from your existing policy as well.
If they’re going away to school and aren’t allowed to have a car on campus or aren’t bringing one, let us know so we can advise the best course of action.
Children under 26 who do not have their own health insurance coverage can be covered under a parent’s policy. If your child is away at school, check to see if your plan covers medical providers in the area of the school. Some plans don’t cover or restrict out-of-network providers. You don’t want to be surprised by a large uncovered medical bill, so planning and preparation are vital.