Going to college this year? This is a great step into adulthood and achieving your dreams, and while your mind may be focused on the new school year, you shouldn’t forget about insurance for college students. Here’s what you need to have before you leave home:
If you have enough credits to have a vehicle on your college campus, or simply commute every day to class, you’re going to need automobile insurance. You’ll also have to make sure you get the right coverage on your vehicle too. If you’re underinsured on your current automobile insurance, and an uninsured driver hits you, you’re at a financial loss, because your insurance would not be able to cover the damages they caused.
In a way, it isn’t fair that you have to pay for the damages caused by someone else, but each time you step foot into an underinsured vehicle, you’re running the risk of liability. At Paradiso Insurance, we can make sure you’re not driving underinsured, help you find discounts such as the good student discount, and promise to work with you so you understand what you’re protected from.
With the ever rising cost of dorm life, renting an apartment is a much more affordable option for college students who are looking to save some money and enjoy the freedom of independence. However, many college students are unaware of the protection they need when renting their own space.
Theft, burglary, fire, and flooding can and do commonly happen in rental spaces, and while your landlord will have insurance on the building, that doesn’t actually cover the contents or tenants inside of it.
As a renter, it is your responsibility to make sure your belongings are protected, even if you don’t own the building your items are in.
Not to mention, college students are susceptible to a lot of liability at their age. A small party at your apartment could turn into a nightmare if someone causes property damage, injures themselves, or someone else.
It’s also incredibly important to make a home inventory list (if you haven’t already), in addition to having renters insurance. This can help you get reimbursed for valuables that were damaged or stolen in your living space. Having a home inventory list is extremely important, especially if you own a lot of electronics and books needed for your classes.
The cost of renters insurance will vary depending on your location and other factors, but overall, it’s a very affordable option for college students to enroll in. Keep yourself and your personal belongings protected by having the best insurance for college students this school year, because the only thing you should be worrying about is passing your exams.
Unfortunately, most people don’t think about life insurance until they’re much older or have a family. However, this isn’t the best way to approach your future. While having life insurance to protect your loved ones is the best thing you can do for them, having a life insurance plan now, before you even start a family, is the best thing you can do financially.
You may be wondering what life insurance has to do with insurance for college students, but it actually matters a lot, because age and health are the true factors behind the cost of a life insurance premium. Therefore, it’s best to get it now when you’re young and healthy. You’re investing in your future by obtaining a college degree, but don’t forget to invest in a larger part of your future with a life insurance policy.
Similar to renters insurance, this is very affordable for younger adults to enroll in. Besides opting in for a retirement program early, getting life insurance at a young age will help you greatly in the future, especially if you plan to raise or have a family. Life insurance covers the expenses of a funeral and ceremony in the unfortunate event you pass away unexpectedly. Don’t leave those who you love behind with debt, provide them peace of mind by having a life insurance plan early.
By investing in insurance for college students, you’re protecting your future and all of the hard work you’ve been putting in to obtain your degree. Our professional insurance agents can help you get the coverage you need for the best price. Contact us today by phone, email, Facebook Messenger, or by clicking the button below.