What You Should Know About Insuring Your College Student's Car

17 May 2019
 Categories: , Blog

If you have a child that is about to go to college, and if he or she has a car, now would be a good time to update the car insurance policy for this child. College students often have different needs and risks compared to high-school students, and here are a few important things to consider about car insurance for your child who is getting ready to go to college.

Will they bring the car?

There may or may not be any changes with the auto insurance needs for your child when he or she goes to college, but it is still a good idea to check in with an agent, and one of the questions the agent may ask will be if the student is bringing the car with him or her to school. A lot of colleges do not allow freshman to have vehicles at school. If the college your child is going to is like this, and if he or she will live at college, you may be able to change the policy and receive a discount on it. If your teen is moving to college and will leave the car at home, he or she will not be driving it much, which means that you could qualify for a low-mileage discount.

Are they commuting daily?

If your child is not moving to college but is planning on commuting to a local college each day, you might now have to pay a higher rate for insurance, as the teen might be putting more miles on the car due to the distance of the commute. If the commute is not far, there may be no affects on the auto insurance policy for the teenager.

Does the child's age have different risks?

The other factor that could affect the rates you pay for your teen's auto insurance is his or her age. When teens reach a certain age, their risk levels often decrease. Therefore, it is a good idea to find out if your teen is now in a different risk level due to his or her age, as this can affect the rates for the teen's auto insurance policy.

Sending your child off to college is an exciting event, and it is also a good time to review his or her insurance policy. If you would like a quote, or if you have questions about this, talk to an insurance agent today.