Your teen is officially ready to drive! This is their most exciting birthday and most parents’ most terrifying birthday. There are so many things that go along with your teen hitting the road for the first time. Where do you even start when looking to teach those baby steps to them?
Back to College/School Prep
It’s that time of year again. School buses are out checking their routes because school is about to be back in session. For some, it’s a standard process, but for those who are going away to college for the first time (or again after the summer break), it can be a mighty year filled with a lot of big changes that should get proper acknowledgement. From a change in environment to a shift in insurance, there is a lot to focus on with this new school season.
Various Reasons Young Adults May Want Own Insurance After Moving Out
Children grow up, they go to college, they move out of state or maybe they just move out of the house on their own! Congratulations! This is a huge accomplishment for them, moving into adulthood and for you, showing your child how to become more independent. You did your job of raising your youngsters into young adults ready to take on the world!
Now that they are on their own, there is nothing wrong with helping them out once and awhile by paying for groceries, helping them to furnish their new apartment and there is no doubt that they appreciate the help. However, with respect to their auto insurance, you may want to consider your options.
How to Update the Insurance Policy for College Students
Insurance policies help us to feel secure, for the just in case, and we know that we will get the required coverage at the right time. However, it is a reality that we HAVE to have insurance and then changes will occur, like when the kids come home from college or have to move out for college. In this situation, we have to consider whether we remove them from our policies or not.
Then, when they return back home after they have accomplished their year at college, we need to review the insurance polices once more. Most won’t consider these changes or not even think about it but here are some ideas or tips that should help you out. However, always remember that Paula Smith Insurance is here to help with any questions you may have. We are your one stop insurance resource stop!