1. Auto Insurance - Your household might get a discount when your child goes off to school and leaves his or her car behind.
2. Homeowners Insurance - Usually the belongings of your child are covered by your homeowners, but it is still a good idea to make sure.
3. Renters Insurance - Very important to discuss if your child is moving from a dorm to an apartment.
4. Life Insurance- If student loans are involved, life insurance can help in the case of an unexpected tragedy. Hopefully this never happens and if it doesn't then a student can opt to carry the life insurance to the next stage in life.
5. Personal Catastrophe Liability - For those unexpected accidents, the extra liability coverage can help protect you should a lawsuit ensue from a big mistake.
Awesome post. The above five insurance types are necessary one but for a college student I think auto insurance is the top most priority. I have bought one for my son too last month in a affordable price.
ReplyDeletecorporate insurance