When kids hit college, they’ll reach an entirely new level of independence. With unstructured time and the freedom to make their own day-to-day decisions, they’ll still need support from you. Here are some campus life issues to discuss.
Keep possessions safe. College campuses and especially dormitories bring thousands of young people into one small area. That’s why it’s important to urge your student to keep their door locked whenever they leave the room for any length of time. It only takes seconds for an opportunistic thief to slip and disappear with their laptop or other valuable items. Also, have a talk with your insurance agent. If your college lists your house as their permanent address, your homeowners insurance coverage would most likely extend to your student’s belongings in the dorm. Find out what’s covered and what isn’t.
Don’t leave them uninsured. Once your student lives off-campus at their first apartment, that simple carry-over homeowners coverage may disappear. In that case, a separate renters insurance policy in your student’s name can offer protection, so your student doesn’t have to start from scratch. The good news is that these low-cost policies are often affordable, even for college students living on slender budgets. To learn more, contact a Miller's Insurance agent.
Check your auto insurance. Every student’s situation varies, and different situations will have different impacts on auto insurance costs. For example, costs could increase if your student brings their car on campus, especially in an urban setting. Some parents see a discount if their student leaves the car at home. To learn more, get in touch with a Miller's Insurance agent.
Have the talk about drinking. Good news: According to WebMD, binge drinking among college students is on a downward trend, and so is driving while impaired. Still, 37 percent of students say they consumed four or more drinks in one sitting, and 17 percent report driving while impaired. Before your student heads to campus, talk about the risks of indulging too much, such as accidents, hypothermia, injuries and impulsive behavior. Along with that, brainstorm strategies so they know what to do to keep themselves and their friends safe.
This article brought to you by our friends at Erie Insurance. Miller's would like to extend it's gratitude to Erie Insurance for both being a wonderful business ally and for letting us use the articles found on their blog, Eriesense.