Back-to-School Insurance Tips For Parents Of College Students 

It’s that time again – the smell of crisp new notebooks, the thrill of buying a brand-new pack of pens. Yep, it’s back-to-school time! With every new school year come opportunities that could change students’ lives forever. Who knows how far your child will go this year? What an exciting time to be a parent. 

And with every new school year comes a list of insurance concerns that parents like you need to address. Yes, just like school, insurance is never a one-and-done kinda thing. The insurance needs of your family change all the time, including when your child goes back to school. Here are some of the insurance topics you should take into consideration as your children enter the school year. 

2. Save some money by reviewing your deductibles – School supplies and tuition took a bigger bite than usual out of your family’s budget? You may be able to save money by reviewing the deductibles on your home and auto insurance policies. Raising your deductibles can put money back into your pocket and can be an easy way to save money, especially if you’re a safe driver. Also, consider whether or not you need full coverage insurance on your older vehicles. Dropping down to liability only can help you save hundreds of dollars every year if your vehicle is paid off and you have money in the bank to repair or replace it in case of an accident. 
3. Check out the Good Student Discount – If your student is of driving age and has a high GPA, you may be able to save some money on your car insurance with a Good Student Discount. Give us a call today, and we can check your policy to see if you’re eligible. 
4. Take your child off your insurance if they won’t be driving – If your child is going off to school at a distant place and won’t be taking a car (and therefore won’t be driving), you can save some money by taking your teen off your insurance policy for the time period they are away at school. It’s as easy as a phone call to add them back to the policy when they return, so it’s an easy way to save some money while you’re temporarily “empty nesting.” 
5. Look for an in-network doctor in your child’s college town before they leave – Children can now stay on their parents’ insurance until age 26, but if they’re going out of town or to an out-of-state college, you want to be sure that your child can access health care that will be covered by your insurance. Check out health care options in your child’s college town prior to them moving away. You can even go so far as to book an intro appointment for them, so when they need care, they’ll already be on the doctor’s radar. 
6. See if your homeowners insurance covers your child’s belongings in a dorm room – 

Some homeowners insurance policies will cover your child’s belongings in a dorm room or apartment. This can come in handy if expensive items like computers, jewelry, or electronics are damaged or stolen. 

Got questions about back-to-school insurance concerns?

Give Edwards Insurance Company in Taylor’s, SC, a call today. There are so many things to take care of when your child heads off to college. Let us take insurance concerns off your plate for you!