Separation Anxiety: Arranging Coverage for College Students

By The Reschini Group

Separation Anxiety

Well, Mom and Dad, after 17 years of protecting, guiding, and ensuring her safety, the Big Moment arrives – it’s time to say goodbye to your new college freshman and head back home.

What you may not have realized, though, is that much of that protecting, guiding, and ensuring of safety has been covered by your insurance.  Now that you’re little bird has flown the coop, so to speak, is it better to leave her ongoing protection to your existing policies, or secure policies specifically for her new life, environment, and potential hazards?

Kids in college may be learning things in classrooms and laboratories, but they’re not as smart as you about the larger considerations of life.  Not yet, anyway.  So the decision as to whether supplemental insurance is worth the cost falls to you as the parent.

  • There’s personal liability – college students can find themselves in some unusual situations, even some in which property may be damaged. What happens then?
  • Then there’s auto insurance – one student’s car may become a communal means of transportation, where any friend of that student with a driver’s license (or not) gets to climb behind the wheel. Who’s responsible should an accident occur?
  • As the student advances through college, dorm life gives way to apartment living – would renter’s insurance make sense in this case?

Be sure about your coverage.  The professionals at The Reschini Group are well versed in these questions and how you can be adequately protected in any situation – including having a kid head off to college.  Contact us to learn more.

Leaving a child at college can cause separation anxiety for everyone.  Don’t let questions about proper insurance coverage add to that anxiety.

Copyright 2018 The Reschini Group

The Reschini Group provides these updates for information only, and does not provide legal advice. To make decisions regarding insurance matters, please consult directly with a licensed insurance professional or firm.