Search Results for: blog auto insurance and students away at college

Young Adult Sues Parents for College Tuition

Caitlyn Ricci’s parents divorced in 1997 when she was four years old. It appears that she primarily lived with her mother but also was able to spend time with her father. In February of 2013, Caitlyn Ricci (who was now past the age of 18) left her mother’s home. Technically, she was an adult who was no longer living with her parents. Instead, she went to live with her grandparents (her father’s mom and dad). It is unclear exactly why Caitlyn Ricci decided to move. Her mother, Maura McGarvey, wrote about the situation on her blog. In short, Maura McGarvey … Continue reading →

Your 18-Year-Old “Child” is Technically an Adult

In the United States, a person legally becomes an adult when he or she reaches age 18. This might be a shock to parents whose 18-year-olds are finishing high school and living under their roof. Parents need to be aware of certain things that change the minute their “baby” turns 18. Your child will always be your “baby”, no matter how old they become. However, legally speaking, that “baby” turns into an adult on his or her 18th birthday. Parents need to prepare themselves to accept this fact. An adult is not legally obligated to check in with his or … Continue reading →

Don’t Forget the College Spending Money

Once you get through paying for tuition, text books, room and board, supplies and activity fees, there is one more expense you have to count in–the monthly spending money that your college kids will need. Most college websites are very helpful with suggestions of how much money your student will need, with suggestions averaging $200-$300 a month, minimum, to cover expenses from laundry to shampoo to late night pizza runs. While these suggestions are helpful, the real amount is going to depend on your student, where he or she goes to school and what kind of lifestyle he or she … Continue reading →

Five Ways to Get the Best Insurance Rates

Even in the worst of times, it usually does not make sense to cut back on insurance. You never know when a disaster might hit. Being properly insured can save you from disaster. When money is tight, it is better to reduce the cost of insurance rather than eliminate it. Try the following five ways to get the best insurance rates and reduce your cost. 1. Buy all of your policies in the same place Most insurers will give you discounts when you buy multiple policies with them and may even offer bundled plans. Start by insuring your cars and … Continue reading →

Auto Insurance and Students Away At College

Recently a Families.com member asked me about adding a college student to personal auto insurance: My son got his driver license this summer and is now in an out of state college. He is not going to drive while at school. However, when he is back for Christmas or Summer (may be for two to three weeks), he will drive our car. Should I include him in our auto insurance? Or should I include him in our auto insurance only during the period when he is back? Some agents claimed that including him all through the year will help him … Continue reading →

The Three Insurance Issues to Consider When Your Child Leaves For College

It’s almost time to pack bags and help those college children find their way around a dorm room. It’s an exciting time for them but can be a stressful time for parents! A few of the insurance issues you might want to be thinking about now include: Is my child’s personal property, including the computer, covered while away at college? In most cases a child is covered on your insurance policy as a member of the household. Insurance companies cover children away at school differently in some cases your child’s personal property would be covered under the conditions of your … Continue reading →

When To Drop Your Child From Your Auto Insurance.

You might be thinking how wonderful it’s going to be when your teenage driver goes off to college and you can stop paying a high premium for auto liability insurance. After all, a child away at college who can’t drive your car shouldn’t need to be included on your coverage any more–Right? Think again! One of the most common requests I had while I was an active insurance agent was to delete the young driver’s off their parent’s auto insurance policy. Every time a new college term stated I dreaded the calls from the anxious parents. As nice as it … Continue reading →