Back-to-school isn’t just the time of year when you rejoice at having your house back, and a regular routine in place. It’s also the time to review your insurance needs because a change in a child’s grade level, a teenager getting their driver’s license, or even having a college freshman in the family can all require changes in auto, health, or homeowners coverage.
If your teen will be old enough to take driver’s education classes at school and get a learner’s permit, you need to consider adding him or her to your auto insurance policy. There are many discounts available for teen drivers who have good grades, take extra defensive driving classes, and drive safer cars. If you have an older teen heading off to college, consider saving money by having them leave the car at home (there is special reduced coverage for students), or transitioning them to their own policy.
All kids, no matter what grade they’re entering, should have physicals before they begin school. Health insurance may need to be reevaluated if you have a child with a chronic health issue, like asthma or diabetes, or a child involved in sports. In some cases, schools require proof of coverage for student athletes. College students may have the option of subscribing to college-provided health insurance (for a fee) and campus-based health care. You’ll want to go over your coverage and your premiums – and don’t forget to look at optional insurance for things like vision and dental care – glasses, contacts and braces are all things you may have to finance during your children’s school years.
If your child is studying music or recently acquired a new computer, check to make sure the coverage for contents of your home includes these items – you may have to expand the coverage. Similarly, if you have a son or daughter going off to boarding school or college, you may need to add enough homeowners insurance coverage to account for their belongings at school. Their stuff should be covered, but insurers have different rules for exactly what, and how much, is covered away from home.
At D.F. Dwyer Insurance, we understand that insurance coverage needs to grow and change over time with your family.We’re here to help adjust your coverage to grow with your family as your family grows. Call us at 401-846-9629; let’s talk about family and review your policies this month!