Tuesday, August 14, 2018

"Back to School" Insurance

As August draws to a close, it's time to start thinking about your kids going back to school or on to college! What does that have to do with insurance? Here are a few things to keep in mind.

Good Grades - Do you have a teenage driver in the house (or one about to be a new driver)? Many policies allow discounts for students with good grades. Don't forget to talk to your kids about the importance of keeping those grades up! These discounts can apply to college students, too.

Driver Training - There are different discounts available for Drivers Ed classes. We can review all the options and let you know which discounts will impact you the most.

Moving to the Dorm - Is your college student living in a college dorm this year? Your homeowners insurance may cover their belongings without additional coverage being needed. This is called Property Off Premises coverage.

Remember, any claims on their belongings would be subject to your deductible which is usually higher on home policies! Call SAV-ON and let one of our agents review your policy to check for the specific amounts of coverage included.

Moving To An Apartment - Let's say your college student has graduated from the
dorms and moved into an apartment on or near campus. In this case, your homeowners insurance would not cover their belongings and they would need their own renters insurance policy.

Renters insurance is very affordable and covers all of the contents of the property. It also provides liability insurance if someone were injured in the property or if the student causes a fire, etc. By making sure they are properly insured, you are also protecting yourself.

At SAV-ON, we work hard to make sure all of our clients have the right coverage at all times. The fastest and easiest way to make sure your student is receiving all the discounts they qualify for and that their belongings are covered at college is to schedule a review! Call us at 888-867-2866 or go online to www.sav-on.com to schedule a review your policy and situation and we'll make sure all of your questions are answered.