February 15th, 2016
Watching your child go away to college carries a conflicted emotional state along with it. You’re proud on one hand, celebrating their achievements and wishing them well on their first big life change. But on the other you’re a wreck, full of heartache as you come to terms with your child not being around the house anymore. One way to ease your mind is to make sure their student car insurance is up to snuff so they’re protected even when you can’t be there watching over them.
Depending on where it is they’re moving to, your student’s auto insurance rates could skyrocket based on a variety of factors, some of which we’ll cover below. Our goal at CoverHound is to equip you with the tricks of the trade, so when it comes time to changing your policy, you can rest assured knowing your student is protected as they make their way into new environments and situations.
New School, New State, New Service
When your student heads off to college, your main concern is that they’re safe. For your student, going away to college is the next step into adulthood. They will be living on their own, managing their own budget and setting their own schedule. One way to make their transition from childhood to adulthood a little bit easier is to make sure all of the logistics have been taken care of, this includes setting your student up with the right student car insurance policy.
Insurance policies vary by state, as each state sets its own minimum liability requirement. So what your state may consider to be enough auto insurance coverage, another state most likely will not. For example, if you live in New Hampshire, your state does not mandate car insurance by law, but every other state does. Even if you are living in a state that requires motorists to carry car insurance, policies change by state. This means if your child moves just one state over, (say, from California to Oregon), the current student car insurance policy they’re under is void.
The first thing you need to do before your student moves to their new state is to contact your insurance provider. Typically, large insurance agencies (such as AllState, State Farm, or Geico) provide coverage across the US, and the transition between one policy and another is fluid. When your insurance agent requires a simple signature to make the policy change, you’re all done and your kid is set to go. But what’s important to remember here, is that not every insurance agency has that kind of national reach.
When your provider can’t assist you in the move, we at CoverHound help you and your student compare insurance quotes to find the best, most affordable, and up-to-date student car insurance policy in their new state. As you look for a new insurance provider, we suggest referring to these three important questions:
Discounts abound in the insurance market, and if your student makes top marks and has never incurred a traffic violation of any sort, we guarantee that you will get a discount – all you have to do is ask!