Is your kid college bound? What you need to know about your insurance coverage

Make a list of the property your child is bringing to college. Do valuable electronics or furniture make the list? Most often they do. We all want to believe our kids lock their personal belongings in their rooms or rental homes all the time, but the reality is they still can fall victim to theft. That includes identity theft.

So, while we encourage you to remind your child (incescantly, if need be) to lock up her or his valuables, also contact your insurance agent or carrier to learn what’s covered in instances of theft when a student is at college.

Does SECURA provide insurance protection for my child?
If you are a SECURA MILE-STONE® policyholder and your child is a full-time student and a member of your household (same permanent address), we offer 10 percent of your personal property limit or $1,000 in coverage (whichever is greater) for personal property stolen from a dorm room or rental home.

We also cover liability for the student. Let’s say your son or daughter leaves a candle burning in their apartment when they leave for class. While they’re gone, the apartment sustains fire and smoke damage. Your liability policy might come into effect.

So what about identity theft? If you have our Identity Theft and Restoration coverage, your college student also has those benefits. We encourage you to stress the importance of keeping their debit or credit cards with them or locked up at all times. Another important measure is to have your kids keep their social security cards at your home, locked in a safe location.

A stipulation for coverage through your MILE-STONE policy is that the student has to be at his or her school residence for 45 days before a theft is covered.

What if my child is a student but not a member of my household?
If your student has a permanent address other than yours or receives no financial support from you, he will need his own renters insurance policy, including liability coverage.

What about my auto coverage under MILE-STONE?
If your child is a full-time student attending school more than 100 miles from home and does not have an auto, you may be eligible for a discount on your policy. Contact your SECURA agent for details.

Coverage and services may not be available in all states. Coverages and services described are subject to all the terms and conditions of the policy, including deductibles, exclusions and limits of liability. Not all agents are authorized to sell all types of insurance. Please read the policy carefully.