Is Your College Student Covered? Here's What to Know
- mp8325
- Jul 9
- 2 min read
As we head into the back-to-school season, many families are busy preparing their students for college life. Between packing lists, dorm setups, and class schedules, there's a lot to think about — and making sure your child is properly insured should be part of the plan.
We’ve put together a helpful checklist of key insurance considerations to help protect your student and give you greater peace of mind as they start this next chapter.
RENTERS INSURANCE
Whether your student is in a dorm or living off campus, it is important to make sure their belongings are protected. In some cases, your homeowners policy may extend limited coverage to on-campus housing. However, if they are renting an off-campus apartment, a separate renters insurance policy is usually the smart move. It helps cover things like electronics, furniture, and clothing—and even includes liability protection in case of accidents.
IDENTITY THEFT INSURANCE
College students are especially vulnerable to identity theft, often due to frequent online activity and relaxed security habits. While it is important to teach safe practices like creating strong passwords and shredding sensitive documents, identity theft insurance can offer an extra layer of protection. Many policies include credit monitoring and provide support if their identity is ever compromised.
PERSONAL ARTICLES INSURANCE
For high-value items like jewelry or electronics that may exceed standard coverage limits under your homeowners’ policy, consider adding specific protection through endorsements. This ensures coverage against theft, damage, or loss, offering peace of mind for both students and parents.
AUTO INSURANCE
If your child brings a car to college, adequate auto insurance coverage is a must, whether they commute daily or leave the car parked for occasional use. Distance from home can impact premiums, and good grades might qualify them for discounts, so encourage them to maintain their academic performance.
HEALTH INSURANCE
Most students are covered under their parents’ health insurance until the age of 26, but attending an out-of-state college may affect coverage. Checking network providers and considering school-provided plans can help ensure continued health coverage.
LIFE INSURANCE
While often overlooked, life insurance becomes critical if your child has student loans. Private lenders typically won’t forgive loan balances in case of the student’s death, potentially leaving parents financially responsible. Adequate life insurance can cover these expenses, providing peace of mind during a challenging time.
Let’s set up some time to talk so we can work together to ensure you and
your child have the coverage you want before the school year begins!
WHAT IS THE TAKEAWAY
College is an exciting chapter filled with new experiences and independence. Making sure your student has the right insurance coverage provides peace of mind and a solid safety net. We are here to help you protect what matters most.
If you have questions or want to review your current policies, please don’t hesitate to reach out. Wishing you and your student a smooth and successful start to the school year!
At Silver Lining, We Protect What You Value Most.
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