The transition from high school graduate to new college student is an exciting milestone, and moving away from home is part of the process for many. Amid a pandemic, with so much to think about, many college-bound students don’t even consider reviewing insurance policies. Yet AAA Western and Central New York considers this an important step toward adulthood and ensuring the proper insurance is more important now than ever before.

“College students living away from home should know they may have limited coverage under their parents’ insurance policies,” said Stacey McConnell, vice president of insurance with AAA WCNY. “Before leaving for college, students should check to see what risks and liabilities are covered.” 

Homeowners and renters insurance tips for students:

• If you live in a dorm, some personal possessions may be covered under your parents’ homeowners or renters insurance policies. Expensive items such as computers and other electronics may be subject to coverage limits under a standard homeowners policy, and some states require a special student endorsement.
• If you live off-campus, purchase renters insurance. Renters insurance is necessary to protect you and your belongings, and can protect you from liability in the event that someone accidentally gets injured on the property.
• Leave valuables at home. While some valuable items, such as laptops, may be needed on campus, items such as expensive jewelry are best left at home. 
• Create a “dorm inventory.” Create a detailed inventory of all items you’ll be taking with you, including photos and receipts. In the event that you need to file a claim, an up-to-date inventory will help make the process easier. 
• Safeguard your items from theft. Always lock your dorm room door and never leave belongings unattended on campus. According to the Insurance Information Institute, the library, dining hall and other public places are the primary areas where property theft occurs on campus.

Auto insurance tips for students:

• Coverage may depend on whether you leave home or stay in the area. If you bring a car to campus and remain on your parents’ policy, coverage likely still applies. If you attend an out-of-state school, make sure your insurance coverage follows you. 
• Check with your insurance agent. To see what discounts you may qualify for and to ensure you have adequate coverage while away at school, contact your AAA insurance agent.