Smart Insurance Tips for College-Bound Families

Sending a student off to college can feel like a whirlwind—the packing, the planning, the endless forms and logistics. With so much happening at once, it’s easy for insurance considerations to slip through the cracks. Yet these decisions play a major role in protecting your student’s well‑being and your family’s financial peace of mind. This guide breaks down key insurance factors every family should think about before the semester begins.

Health Insurance Review

Before classes start, take a moment to make sure your student has access to care where they’ll be living. Confirm that your current health plan includes in‑network providers near campus. If not, it may be worth comparing your existing coverage with the college’s health plan—school-sponsored options sometimes offer better local access or more convenient services for students.

Auto Insurance Adjustments

If your student is bringing a car to campus, notify your insurer about the vehicle’s new location. Rates can vary depending on where the car will be parked most of the year, and updating the address may also open the door to potential discounts. Keeping this information accurate helps prevent surprises if a claim ever needs to be filed.

Renters Insurance for Off-Campus Living

Students living in off-campus apartments should strongly consider renters insurance. A landlord’s policy won’t protect a tenant’s belongings or personal liability, leaving large gaps in coverage. Renters insurance typically covers personal property and can even help pay for temporary living expenses if the rental becomes uninhabitable. It’s also generally quite affordable. Remember—roommates aren’t covered under the same policy, so each student needs their own plan.

When Renters Insurance May Not Be Needed

For students living in on-campus housing, a parent’s homeowners policy may extend some protection—usually up to 10% of the personal property limit. While this can help, it’s important to note that coverage may be limited for high-value items like laptops, tablets, or musical equipment. A quick review of your policy can help you decide whether supplemental coverage makes sense.

Other Coverages Worth Exploring

Beyond the basics, a few specialized options may be worth considering. Tuition insurance can offer financial protection if a student needs to withdraw unexpectedly. Travel insurance is helpful for students planning to study abroad. While insurance may not be the most exciting item on your college prep checklist, it’s one of the most important. Taking a few minutes now to review your coverage can prevent costly headaches later.

If you’d like help reviewing your policies or want a renters insurance quote, we’re here to assist.