What Type of Insurance Does Your College Student Need?
Data from the National Center for Education Statistics reports on the risks within and surrounding college life are very real.
Insuring Your Student
The Importance of Insurance for Your Student As your baby birds begin to leave the nest, there are always a few things that us college parents are concerned about. Did I teach them enough? Can they really do their own laundry? Do they even know how to make rice? Take a breather, parents! You have […]
State Insurance Commissioners Recommend Renters Insurance for College Students
Nearly twice as many state insurance commissioners recommend renters insurance to college students in 2016 as did in 2013. In fact, the latest trend builds on an earlier report by the National Association of Insurance Commissioners (NAIC) that recommended college students consider the benefits of purchasing renters insurance. NAIC recommends that “college students renting an off-campus apartment or house while away at school should consider purchasing renters insurance to protect their personal property, such as a computer, electronics, bicycle or furniture, in the event that it is damaged, destroyed or stolen.”
Parents: College Students Need Renters Insurance & it Can Help You Too
College students are heading back to school, many with the help of their parents who have invested thousands of dollars in laptops, smartphones, bicycles and textbooks on students’ packing lists. Consider this - how will your student and family replace these items if they were affected by theft, fire, water damage, and other risks?
As Move-in Approaches, a Reminder from the NAIC about Student Insurance Needs
Fall 2013 student move-in has already begun at some colleges (and is rapidly approaching elsewhere). Many more students are moving into apartments or homes near campuses nationwide.
Do College Students Need Renters Insurance or Does a Homeowners Policy Provide the Right Coverage?
Sep. 6, 2013 - BOSTON -- College students are heading back to school this month and they’re bringing a lot of stuff with them. In 2012, the average student spent $907.22 on back to college shopping*. With laptops, smartphones, bicycles and textbooks on students’ packing lists, it would be financially difficult to replace these items if they were affected by theft, fire, water damage, and other risks are not uncommon on college campuses and apartments.
Helping Your Student to Deal with Identity Theft
When I learned recently that identity theft is one of the fastest-growing crimes in the U.S., I decided to visit the U.S. Department of Justice Web site to learn more.I expected to see the usual: tips to reduce or minimize the risk of becoming an identity theft victim, and suggestions on what to do if such an unfortunate fraud were to actually happen.What I didn’t expect was to read a bit of Shakespeare. Yet, there it was on the top of the fraud section home page, a line that the famous bard wrote in Act III, Scene 3 of Othello:
The Initial Research Behind Our Tuition Insurance Offer
In my most recent column, published on May 26, I made the case for the purchase of tuition insurance, which thanks to our partnership with GradGuard, a service of Next Generation Insurance, Inc., is now available as an embedded benefit in College Parents of America membership.In that column, I touched on the research our organization did as we put together this benefit and I would like to review more of our analysis with you today.
The Case for Tuition Insurance
Everyone knows that college is expensive. Yet very few people know that the cost of college can be insured.The high cost of college has been building for decades. Withering subsidies at the state level are causing public universities to raise the sticker prices they charge students. Private colleges are also charging more, as their endowment funds still reel from the 2008 financial meltdown and continuing market uncertainty.
Examining the Health Coverage “Gap”
In previous years, around this time in April, I’ve communicated to college parents about the “gap” that a graduating senior, or student taking a year off from school, would likely face in his or her health insurance, between the time of college graduation or end of classes, and landing that first job or going back to school full time.