01 Jul Policies for College Bound Students
About The Author
Ashley Dunlap, TPRA – Personal Risk Advisor
As a Personal Risk Advisor, Ashley specializes in client service and generating new business opportunities, while delivering personalized solutions to address our clients’ multifaceted challenges.
Insurance for College Students
Preparing for college means more than packing for move-in day. Reviewing your insurance for college students can help ensure your student and their belongings are protected before the semester begins.
1. Ready for College? Make Sure Your Coverage Is, Too
As students head off to college, families focus on dorm essentials, school supplies, and orientation plans. One key task often falls through the cracks: updating insurance policies to keep up with your family’s changing needs. As your household evolves, so should your coverage—especially when sending a college student out into the world.
2. Why Updating Coverage Matters for College Students
- Dorms, apartments, and apartments off-campus bring new risks. Did you know that approximately 17% of student renters file property damage claims during their college years? This includes incidents like water leaks, appliance damage, and theft. While this figure varies, research indicates that a significant portion of students experience at least one incident impacting their personal belongings.
- Vehicles headed off to campus often require new or adjusted coverage. If your student takes their car, make sure you’ve updated your auto insurance; not just for driving at school but also for potential storage or occasional use back home.
- Liability coverage needs may change. Off-campus living can raise your student’s exposure to situations not covered under a standard home policy, like a friend getting injured in their dorm room. Renters insurance with personal liability coverage bridges that gap affordably.
3. Areas to Review Before College Starts
- Renters Insurance: Protects against damage, theft, and liability at college housing
- Auto Coverage: Ensures the car is covered for new miles, different driving environments, or storage
- Shared Living Scenarios: Off-campus housing might require coverage for roommate disputes or property damage
- Valuables & Electronics: High-value student tech can often exceed standard limits—schedule them separately
Insurance should evolve with life changes, and sending a student to college is a major one. Dropping in to review coverage now can prevent gaps and give peace of mind for all.
Reach out to one of our agents today to ensure your policy keeps pace with your growing family needs. Let’s help your student embark on their next chapter, covered and confident.
If you’re unsure about your policy details or need personalized advice, contact one of our talented Risk Advisors today! They can review your insurance policies with you to ensure you’re properly covered. Small adjustments now can provide significant peace of mind throughout the year!
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