August is here and a new school year is just around the corner. So ready or not, your young ones may soon be heading off to college! Out of sight. Out of mind? Certainly not! As parents we always reserve the right to worry. There are so many things left on the list to buy, to teach, to talk about.

Wait! What about insurance? Is there any coverage for the new laptop, smartphone, iPad, TV, mini-fridge, X-Box, the back to school wardrobe, Sperry’s and Oakley’s? The answer is yes. And no.

If your student is living in the dorm, fraternity or sorority house, there is a chance that their belongings are covered under your homeowner’s insurance policy. However, a stolen $1,000 laptop probably would not be covered as it would fall under your homeowner’s deductible. An inexpensive renter’s policy with a smaller deductible may be the best solution.

If they are living in an apartment or off-campus house, your insurance coverage probably won’t extend to them. Take a moment to talk to your Aspire insurance agent about what your insurance covers.

Either way, this will help eliminate a devastating loss from fire, tornado, theft, and anything else that could go wrong; this is college after all. But let’s face it, the more likely loss will be the classic tale that we all know too well:

You’re bumped while checking a text. Your phone falls. It was only a couple feet from your hand to the ground, but the concrete sidewalk is merciless. You’re afraid to even pick it up to check what you already know in your gut is a shattered screen and a broken phone.

Don’t let a broken phone become the end of the world. Have peace of mind. State Auto’s renter’s policies with the HomeXtended endorsement even cover lost, broken or wet cell phones with no deductible!

Renter’s policies also add the valuable protection of liability insurance:

You are cooking bacon (yum!)… A grease fire ensues, the complex catches fire, and in the blink of an eye, you and your roommates are scrambling to find the fire extinguisher, maybe even the exit. The fire department comes. Fortunately everyone is alright and your possessions are covered by renter’s insurance BUT… there is major damage and you are found negligent. Luckily, you have renter’s liability coverage, so your policy protects you again.

Give the friendly team at Insurance Alliance Group call today to ensure you have the coverage you need. (913) 900-1000.