Covering Your Student's...Assets
How to Protect Your College Student's Stuff

We all know the cost of college is invariably steep beyond tuition bills.
According to US News (2017), American students (and/or their parents) drop a large chunk of change on back to school shopping for college students, amounting to an average of $970--which was up almost 10% from the previous year at the time of the survey. Add in the requisite computers, electronics, textbook fees and you have a lot of extra valuable merchandise. When your student is packing for college, he or she may be thinking more about bringing the Xbox One console than about insurance for a potential loss of such items--but as a parent, it's probably in the back of your mind somewhere.
Did you know that most student dorm properties are not fully covered under a parent’s policy, even if the student is listed as a dependent on their parents’ homeowners policy? Additionally, if items are stolen from a vehicle, neither your home nor auto policy will cover the cost of replacement. So what's the solution? Renter's Insurance. And guess what?
Renters insurance policies are relatively cheap and very affordable, amounting to a few extra dollars a month.
Knowing that your and your child's investments are protected with a (we'll just say it) pretty cheap financial safety net is something that no college student or parent should go without.
Take a few minutes today and chat with your Wheat State agent and see what we can do to get your student a policy that best suits their needs with a budget that meets your needs as well!
Give us a call, shoot us an email or pop into your local WSIG location to see what we can do to help you and your student worry about one less thing when transitioning to college.
(Reminder: You can view your current policies or make requests on our website.)











