Insurance Coverage For Students – Back to School Tips – New Orleans

students graduating

Insurance Coverage For Students – Back to School Tips – New Orleans

It’s that time of the year again, whether your young student is going out-of-state for college or staying locally, they will need proper insurance coverage. With student tuition being as high as it is these days, you want to minimize university expenses as much as possible, and that includes opting out for university insurance plans.

Through your local insurance agent, you can find a package coverage policy for health insurance, homeowner’s insurance, renter’s insurance, and more at a monthly premium exponentially lower than university plans, without skipping out on coverage. With open enrollment under the Healthcare Marketplace just around the corner, it’s never been a better time to start looking for excellent health insurance coverage, and homeowner’s insurance or renter’s insurance to protect your student’s belongings. Although policy information still varies by state, there are some general guidelines that can help you determine the right insurance for students.

Insurance Coverage Options For Students

 Renter’s Insurance for Students

Renter’s Insurance: for college students living in university dorms or off-campus housing, renter’s insurance for students is a necessity to protect your belongings in the event someone breaks into your apartment or dorm and makes away with your stuff. Although your landlord may have homeowner’s insurance, this policy coverage only protects the property structure itself – not your stuff. If you find you and your friends are enjoying each other’s company too much and someone gets accidentally injured on the property, renter’s insurance can also protect you from liability in the event of a lawsuit.

Learn more about home insurance coverage plans and what’s covered.

Health Insurance for Students

Health Insurance: even if you’re leaving home for college, you are not immune from falling ill or being the victim of a serious accident. With a health insurance coverage plan for students, you can protect yourself financially and physically without having to worry. Without health insurance, an overnight stay at the hospital can cost you thousands. Depending on your budget and healthcare needs, there are a variety of different options you can take advantage of with small and large deductibles that each feature various networks of doctors available to you.

Contact us today to learn more about how we can cover your student with a health insurance plan that’s right for you.

Car Insurance for Students

Car Insurance: depending on whether your student is leaving home for college or staying in the area, you may qualify for special discounts for your car insurance. Let’s review some of these options:

Coverage with a car at school: if the vehicle in question remains on the parent’s account with the insurance carrier and the student is enlisted as the driver of the vehicle, then coverage does apply. However, you need to ensure that the insurance carrier coverage also is available in that state.

Coverage with no car at school: if your student does not have a vehicle at school, but will be returning over the holidays or break to drive, then the student should remain on your car insurance coverage. However, if your student’s school is over 100 miles from your home and they are not taking the vehicle, you may qualify for a distant-student discount.

Coverage for driving another vehicle while at school: if your student remains on the main policy as an insured driver, then the student would be insured while driving another vehicle. If the vehicle belongs to a friend, that person’s car insurance would remain the primary coverage with your student’s as secondary coverage.

 

Learn more about car insurance coverage options for more information on coverages.

 

In addition to these various coverage options, having an enrolled student in your car insurance policy can also provide student discounts on your monthly premium. To qualify, the student must be enrolled at least full time with 12 credit hours as well as meet certain academic qualifications. Going to college is a very exciting time for a young student’s life and by taking advantage of important insurance coverages, you can rest easy knowing you are covered for the worst-case scenarios and can focus on your academics. For more information on coverage options available and finding what which policy is best for you, contact AWS Insurance for a free consultation.

AWS Insurance serves New Orleans, Metairie, Kenner, and Southern Louisiana by providing protection for your home, business, or family with affordable plans in property insurance, liability insurance, life insurance, car insurance, and flood insurance from our Metairie, LA office. Our corporate clients can rest assured that our dedicated advisers at AWS Risk Management, LLC will help you implement workable solutions that achieve maximum asset protection with minimal cost of risk to your company.

1 Comment
  • Georgia B
    Posted at 00:03h, 16 September

    Thanks for explaining the different options available for car insurance policies for students! My son is getting ready to head off to college, and I realized I didn’t know how the insurance policy on his car would change. It’s good to know that as long as the insurance carrier coverage is available in that state, then it will still apply.

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Melinda Martin

Account Executive

Melinda began her insurance career in 1985 with Alexander & Alexander where she received her Property & Casualty and Life & Health license. Since then she has worked at various agencies in the New Orleans area and in California as a senior account manager for Employee Benefit Plans.  While in California, she was also the Membership Director for the Burbank Chamber of Commerce. Melinda joined the AWS team in July of 2015.

Michael A. Seeling

Vice President

Graduated from the University of Louisiana at Lafayette with a B.A. in Insurance Risk Management and is a graduate of Archbishop Rummel High School in New Orleans. He joined AWS in October of 2008 and has been awarded the Patient Protection and Affordable Care Act Certification (PPACA). Additionally, he is working towards his Certified Insurance Counselor (CIC), Registered Health Underwriter (RHU), and Registered Employee Benefits Consultant (REBC) designations. He is also a member of the National Association of Health Underwriters (NAHU), National Association of Insurance Financial Advisors (NAIFA), and is an active member of the Fore!Kids foundation.