back to school

Summer is over……Fall is near……It’s time to go back to school.

What is on your “to do” list at this time of year?  Getting school supplies, buying new clothes, new shoes,  etc.  is probably at the top of your list.

If your child is heading off to college, it may be time to think about your insurance policies.

Most standard homeowner insurance policies will cover the personal property that your college-bound child takes with them to the dorms. Coverage is usually capped at 10 percent of your personal property coverage. For example, if  your policy covers $ 100,000 in contents, this means that your student’s personal  property coverage will be $10,000.

For students planning on renting off-campus, it is important that they secure their own renters insurance policy. This type of insurance is incredibly affordable. At around $200 a year, they can have peace of mind that their property can be replaced in the case of a break-in, fire or other covered event. Remember, if they will be renting a house with several roommates, each person needs their own separate policy.

Our agents are always available to answer any questions you may have, suggest coverage options, and assist you in comparing quotes and policies from a variety of insurance companies. We are adept in identifying your insurance needs and finding all of the available student discounts, enabling you to choose a policy that meets your needs and budget.

Laura Kellner, ACSR

Posted in: annapolis insurance agency, community, henry murray insurance annapolis, homeowners insurance annapolis, personal insurance

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