August is that one month out of the year with three famous words – Back to School.  In this post we are going to focus on children who are heading off to College this fall.  Aside from coming to terms with the fact that our little ones aren’t so little anymore and that they are more than ready to move out of the nest, parents should also think about their insurance needs for their college bound children.  You should check with your MAX agent to see if your homeowners policy covers the personal items your children take with them to college of if renter’s insurance is needed.

Here are some other helpful tips:

• A personal renter’s policy is a convenient way to help protect your valuable personal property while renting or away at school. Your personal belongings are not covered by most dormitories or under a landlord’s policy.
• Take an inventory of all personal belongings to help determine the amount of renter’s insurance needed and for future reference in case of a loss.
• Several optional coverages can be purchased at an additional cost and should be considered when purchasing renter’s insurance.  Computer coverage, Identity Theft, and Replacement Cost coverage are just a few.

We hope you have the best coverage possible for you and your college student this fall.  Don’t hesitate to contact your MAX agent for any assistance in making the right choices for your family.

Photo by Sean MacEntee