If a student is under the care of a parent (a dependent) and is under the age limit set by the insurance company.
Liability insurance is usually covered by the parent’s home insurance policy.
If you want to ensure that the liability is covered, it is essential to notify the parent’s insurance company of the student’s absence from school.
The insurance agent will review the language of your home insurance policy to determine whether coverage for the rented location, dorm, is automatic or if an extension of liability must be added to the policy.
You can ask for liability insurance to be included in your plans if you want it to cover college students’ personal property.
Your liability risk may be greater than you realize while you are away at college, so make sure to pay the extra money for liability insurance.
Students’ personal property can be safeguarded without the need for a renters insurance policy.
Although it is an option, there are other means of obtaining insurance that may not require any additional expenditure.
Paying for school is sufficiently costly, so it is great to know your choices to track down cash saving tips.
