You can find a college student almost anywhere you go. Some college students stay close to home, others go far, far away. Regardless of where your student ends up, one thing is certain: they're going to need insurance.
Most colleges and universities require their students to have some form of health insurance. Luckily for me, I'm staying in state (Go Huskies!) and my health insurance for MA will still cover for all my health insurance needs. However, not all college kids stay in their home state. In fact, one of my best friends is traveling across the country to the west coast.
You should always check with your insurance provider about the cost of insurance out-of-state, if it is even offered. If not, you could always have your student go with health insurance offered by the university. Finding information about university health insurance should not be too difficult. Search the area of the website dedicated to new students. Websites typically list required immunizations as well as the insurance plan required by the school. If you have existing insurance that works, you can waive out of the university insurance plan. If not, most universities will make that plan mandatory.
Most schools have a student health center, and students must pay the fee to use these facilities regardless of their insurance plan. Again, these plans differ from school to school, and state to state. Be sure to check with your student's college or university. Health care is essential, and I'm sure you'll feel loads better with your student protected by health insurance.
Some colleges and universities allow students to bring cars to campus. Again, I'll be living in the city, so transportation for me is going to consist of walking and the occasional T ride. I don't see any need to have my own vehicle when everything will be so close to me. That being said, not all colleges and universities are in the city, and some people just downright hate city life. That's fine. But if they want a car, they'll have to deal with some car insurance stuff.
First of all, you need to specify with your insurance company about whose name the car is under, which state the car will be located, who the primary driver will be, what type of insurance you want, etc. And then, you might have to deal with some cost changes in your policy.
More often than not, college students that do not drive around are taken off the insurance policy for that period of time, and understandably so. Why pay for insurance that will not be put to use? However, if that student intends on driving during the uninsured time period, things could be pretty bad.
Make sure that all types of auto insurance- insured or uninsured, in-state or out-of-state- are dealt with before your college student heads out on his/her way.
College living arrangements usually fall under one of three categories. 1) Your student pays a room and board fee and his/her college or university and lives on campus. 2) Your student commutes to and from college and continues living in your home. 3) Your student lives in an apartment off campus with maybe a roommate or two.
Now, if your student falls under category 3, you're going to need to have the insurance talk with them. Your student is going to have to have insurance for the apartment- there's no way around that. It might seem strange to them that they have to deal with homeowner's insurance while attending college, but it's for the best and is absolutely necessary.
Insurance in Your Student's Future
Now is the time where your college student should start becoming more aware of insurance and what it entails for them. After all, once college ends, they're going to have to be responsible for their own insurance needs. Start educating them, slowly but surely, with our insurance resources pages. We have short videos with explanations, and plenty of blogs to teach them tidbits of insurance info. Stay up to date by following us on Twitter and liking us on Facebook! Until then, if you have any insurance questions, be sure to contact us.