Call Us 303.960.5290 ☰ ˟
  • Home
  • Personal Insurance
    • Car Insurance
    • Classic Car Insurance
    • Homeowners Insurance
    • High Value Homeowners Insurance
    • Condo/Townhome Insurance
    • Renters Insurance
    • Rental Property Insurance
    • Flood Insurance
    • Umbrella/Excess Liability Insurance
    • Builders Risk
    • Motorcycle Insurance
    • Recreational Vehicle Insurance
    • Boat and Watercraft Insurance
  • Commercial Insurance
    • Business Owners Package (BOP) Insurance
    • General Liability
    • Commercial Property Insurance
    • Commercial/Business Auto Insurance
    • Umbrella/Excess Liability Insurance
    • HOA/Homeowner Association Insurance
    • Cyber Liability/Data Breach Insurance
    • Directors & Officer Insurance
    • Apartment Building Insurance
    • Restaurant Insurance
    • DayCare Center Insurance
    • Flood Insurance - Business
    • Liquor Liability
    • Farm Insurance
    • Workers Compensation
    • Surety Bonds
  • Make A Payment
  • Blog
  • Resources
    • How Insurance works
    • 10 Steps to Starting a Small Business in Colorado
    • Insurance Glossary
    • Frequently Asked Questions
    • Why Choose a Broker
    • Privacy Policy
    • Calculators
  • About Us
    • Service You Can Expect | Denver West Insurance Brokers
    • Location
    • Testimonials
    • Contact Us
Logo (303) 960-5290


Home > Blog > How to Insure a College Student
MONDAY, AUGUST 20, 2018

How to Insure a College Student

In Colorado every August and September college students leave home to live in dormitories and apartments surrounding their college campus.  Many parents don’t realize this may cause a change in their ‘residency’ status in the eyes of their insurance carrier.  To make sure their student is insured properly, they need to contact their agent and have a discussion on how to rectify this.

RENTERS INSURANCE & LIABILITY COVERAGE

In Colorado, if the student lives ‘on campus’ in a dormitory, their personal belongings are automatically still covered on their parent’s home insurance policy as legally they are still considered a resident of CO even if they are living on campus in another state.

If the student lives in a home or apartment ‘off campus’ you will need to purchase a separate renters insurance policy to get their belongings covered for fire and theft and liability to get premises liability if someone gets injured in their living space.  Or some carriers will allow you to endorse their home insurance policy with a ‘second residence’ which would provide the same coverage as a renter’s insurance policy.  Kids can get wild in their off time in college and drinking is prevalent, if someone gets hurt and the parent has signed the lease, the parent can be held liable. You might find a gap in coverage if you haven’t added this residence to your home policy liability or purchased a renter’s insurance policy.

AUTO INSURANCE

Regardless of weather your student lives ‘on or off campus’ and weather they live ‘in state or out of state’; insurance carriers in Colorado allow you keep your students auto on your family’s auto insurance policy if that student lived in your household prior to leaving for college.  The auto policy assumes college students are ‘residents’ of the household so there is no need to purchase a separate auto insurance policy for your college student.

LIABILITY UMBRELLA INSURANCE

After you’ve verified you have the proper liability coverage for your student (i.e.  with the purchase of renter’s insurance or adding the secondary residence to your home policy) make sure you add the college student’s new residence address to your liability umbrella policy (if you have one.)  That way if someone gets injured in your students living quarters you will have additional liability coverage.

If you need more information Give Us a Call, we can assist in determining what coverage is best for your college student and how to protect the parent from a liability lawsuit.

 

Posted 8:31 AM

Tags: auto insurance, renters insurance, liability insurance
Share |


NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

  • just good information(56)
  • home insurance(44)
  • auto insurance(32)
  • commercial insurance(23)
  • business insurance(22)
  • small business insurance(20)
  • homeowners insurance(16)
  • renters insurance(10)
  • car insurance(9)
  • automobile insurance(7)
  • investment property insurance(7)
  • landlord insurance(7)
  • liability umbrella insurance(5)
  • vehicle insurance(5)
  • commercial auto insurance(5)
  • life insurance(3)
  • liability insurance(3)
  • property and casualty insurance(3)
  • hoa insurance(2)
  • rental home insurance(2)
  • landlord home insurance(2)
  • professional liability insurance(2)
  • commercial liability insurance(1)
  • londlord homeowners insurance(1)
  • homeowner insurance(1)
  • commercial general liability insurance(1)
  • general liability(1)
  • home owners insurance(1)
  • commercial automodile insurance(1)
  • term life insurance(1)
  • special event insurance(1)
  • landlord homeowners insurance(1)
  • online internet store insurance(1)
  • commercial automobile insurance(1)
  • investnment property insurance(1)

View Mobile Version
Why Independent Agent?:

Because independent insurance agencies, like Denver West Insurance Brokers, represent a number of different insurance companies, and can compare coverage and prices to find the best possible value for your individual circumstances. As independent agents, we are members of the Denver and surrounding metro community, and we’re committed to doing business face-to-face and being your advocate in times of need.
Continue Reading


Logo
A Member of Alliance Ins Group
722 Washington Ave #C205
Golden, CO 80401

Ph: 303.960.5290
Fx: 303.988.8390
Logo
A Member of Alliance Ins Group
620 E. Main St.
Frisco, CO 80443

Ph: 970-930-2200
Fx: 303-988-8390


Social Social Social
Home Blog About Us Meet Us Contact Us

Powered by Insurance Website Builder