Summer is over and school is back in session which means kids will also be starting up sports and other school-related activities. Did you know that insurance can be important when it comes to covering the tangible part of your kids’ activities?
If you have children in elementary, middle or high school, your homeowner’s policy can be used to protect against any items your child was loaned through the school they attend. If your child plays an expensive instrument or if they have a school-assigned laptop, consider consulting with your agent about adding that item to your insurance policy. Otherwise, you’re risking paying for a replacement if the item is lost, stolen or damages.
For our empty nesters sending their young adults off to college, make sure your child and their possessions will be protected while they are away. Check to see whether your personal homeowner’s policy extends to the contents your child took to school. Protect anything valuable that you would not want to pay out-of-pocket to replace. Accidents happen and, whether you want to believe it or not, an 18-year-old fresh out of high school may not be at the peak level of responsibility.
Additionally, if your son or daughter is leaving their car behind at home while they’re at college (and it’s more than 100 miles away), don’t forget to advise your agent because there might be a pretty good discount!
If you have coverage questions about your children’s valuables, or what your homeowner’s policy covers, contact Wallace & Turner to discuss.