Back-to-school coverage questions answered

Let Bill Rowlen safely guide you through the insurance market.

At this time of year, the agency begins to receive questions from parents of college-aged students as they plan back-to-school activities and search for housing. We’ll try to answer some of the most common questions below.

Do I need a tenant’s policy or does my landlord’s policy automatically cover my child?

If your child is a full-time student and is considered a resident of the household, most home insurance policies would extend the same liability coverage to them that you have on your home insurance policy while they are away. school. In addition, the policy generally provides up to 10% of the amount of the personal property of the policy for their property during their temporary residence. Both are usually at no additional cost, but an endorsement adding the additional address may be required.

What are the advantages of a rental contract for my child attending school?

Although owner’s policies may automatically extend coverage to an out-of-school child, some rental offices or owners may require a separate policy. A separate tenant’s policy is worth considering as it would have a much lower deductible (usually $500) compared to the parent’s homeowner’s policy. In addition, if the student were to file a claim, it would be isolated from the parent’s insurance file. A renter’s policy is also extremely affordable and can usually be obtained for less than $150 for an entire year.

What about valuables like a laptop or a bicycle?

Laptops and bicycles are among the most frequently lost or stolen items on campus. If your child has an expensive laptop, for example, it may be insured either on your homeowners insurance policy or on a separate policy with a $0 deductible. Typical costs are usually around $50 per year for a $2,000 item.

What discounts are available for students absent from school?

  • A “remote student” discount may be available on your car insurance policy, but only if your child will not be taking a vehicle with him during his studies. This discount will allow them to remain on your policy while still receiving a discount for reduced driving.
  • If your student has a “B” average or higher (or GPA equivalent), you can still take advantage of a good student discount as long as they are a full-time student.
  • The first thing your student can do to help reduce family insurance costs is to maintain a good driving record and practice safe driving habits.

Working with families as a trusted insurance advisor is what we do every day. Contact us for an insurance review or to discuss coverage for your child attending school.

Flury-Hinderks Insurance is an independent insurance agency located in Overland Park and is a trusted advisor to thousands of families in Johnson County. Contact Flury-Hinderks Insurance today for a full insurance review.

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