Insurance for College Students in Beaverton, OR

Educating Your Child About Insurance Before They Leave For College

Insurance for College Students in Beaverton, ORAttending college is an exciting time for your child. Whether it’s deciding where to go, what to major in or figuring the finances, there are a lot of decisions to think about. Before your child leaves the nest, here are three things to consider when it comes to having the right insurance policy.

1.) Auto Insurance Policy

  • If they are taking their car to college, be sure to update their auto insurance policy. This can easily be taken care of by reaching out to your insurance agent! You’ll want to ensure your child is protected if they get into an accident or experience theft. If your child is attending college out of state, talk with us to see if anything changes on their auto insurance policy.
  • Not taking a car? We suggest still keeping them on your auto insurance policy if they plan to drive when they return home for a visit or in the event they need to borrow a friend’s car on campus.
  • Ask for discounts. See if your child qualifies for any additional discounts.
    • Discounts may include:
      • Good student discount
      • Distant-student discount.
      • Pay in full discount
      • Safe driver discount
      • Data tracking discount

2.) Educate On Liability

College is an amazing social and learning experience. Be sure your child understands the serious consequences of drinking and driving, buying alcohol for kids underage or the other risks that are associated with drugs and alcohol. One poor decision could impact the rest of their life.

3.) If worried about theft while living off-campus, invest in a renters insurance policy.

  • If your child owns valuable items like laptops, televisions, printers, cameras or other expensive items, invest in a renters insurance policy.
  • Construct a full inventory of your child’s items that include model and serial numbers.
  • If your child is living with roommates, remember each child needs their own policy.
  • A renters insurance policy offers more than just covering your property. It can provide important liability coverage.

If my child experiences theft, will I be fully reimbursed?

This is where actual cash value and replacement insurance coverage comes into play. Replacement cost is very simple: It is literally the cost to replace your item with an item of similar quality. Replacement cost policies tend to be a bit more expensive since you are essential getting a brand new item for one that may have otherwise depreciated. Actual cash value is the cost to replace the item minus any depreciation. So, if your child had wear and tear on an expensive electronic device, your insurance would pay out the cost of the electronic minus the depreciation. Talk to your agent for clarification.

Whether it’s changing your child’s auto insurance or investing in renters insurance, let our local experts at Hukari Insurance Agency help you find the best insurance to fit your needs. For more information about Hukari Insurance Agency, visit our website.

College Students: Updating your auto insurance

College is an exciting place. New experiences, friends and knowledge await wherever you go.  Before the fun starts, there are some decisions that need to be made: Will you live on or off campus? Will you work while in school and will you be taking your vehicle with you? Check with your school first, as some colleges and universities do not allow freshman to have vehicles on-campus. You should also consider the cost of a parking permit and remember that parking lots are not the friendliest or secure places for vehicles that are not driven that often. When it comes to your auto insurance, talk to your agent as there are many factors that could influence the price of your premium.

College students and auto insurance Oregon:

  • Location: Where you attend school matters when it comes to your auto insurance. Are you attending school more than 100 miles from home? Will you be living in a dorm or off-campus? Parking in a garage or on the street. All of these factors will influence the price of your auto insurance premium. If you are leaving your vehicle with your parents while away at school and will not have regular access to your vehicle, you may be eligible for a distant student discount.
  • Coverage: If you plan on attending a school in a different state, ask your insurance agent if you insurance coverage limits are enough. The legal insurance requirements in your state may be insufficient for the legal requirements where you attend school. If you don’t have underinsured motorist coverage (UMPD/UIM), it may be worth considering as cars tend to get dinged, scratched and hit in large parking lots.
  • Theft: While college can be filled with great experiences, there can be some bad with the good. Break-ins and thefts can occur at your dorm, apartment and car. Renter’s insurance may help to help recoup costs for thefts that occur in your dorm or apartment. An auto insurance policy may cover the physical damage to your vehicle like a broken or smashed window, however there a no provisions for the loss of personal property like laptops, cell phones, etc. It is important to remember that valuables should not be left in unattended vehicles.

There are several discounts that could be available to students as they go through school like a good student discount or multi-policy discount. For all your insurance needs, talk to the insurance experts at Hukari Insurance in Beaverton, OR. No matter where you are attending school, they can assist you with making sure your auto insurance policy has you completely covered. They can also assist with setting up a renter’s insurance policy for your dorm or apartment. For more information about Hukari Insurance or the insurance products they offer, visit their insurance website 24/7.