Plan for Life Events:
First Car/New Driver | First Apartment | Off to College | Starting Your Career | First Home | Marriage | Starting or Merging a Family
Off To College
Car Insurance
If a student has a vehicle with them at school there usually is not much you will need to do. If the student's primary residence is the school address then amending the garaging address or better yet buying a separate policy should be considered.
If a driver was listed as a primary operator does not take a vehicle with them call your agent. Listing them as an occasional operator will save premium dollars.
Do I need a Renters Insurance policy for my student away from home?
My student lives at school only during the school year and returns home on breaks.
For this situation your Homeowners insurance policy should cover a student's belongings for up to 10% of your Contents or Personal Property limit. All exclusions and limitations in your policy will apply as well. There is no need to list an additional location. Keep in mind that for theft coverage to apply there may be a 60 day residency requirement so items left over a long break may not be covered
My student maintains a residence at school year round.
Our recommendation in these situations is to purchase a Renters Insurance policy for your student to cover their liability as well as personal property. There are limitations to the definition of an "insured" as well as an "insured location" under many policies so this will avoid any problems.