Should I Keep College Student on Parents Auto Insurance
Reader’s Question:
My daughter will be off to college soon, she is still under the family car’s insurance here in Bethesda, Maryland, and I want to know if there are still advantages of keeping her under the same auto insurance policy.
Bertha
Bethesda, MD
There are definitely advantages of keeping you daughter under the same car insurance policy! Especially now that she will be away from home to attend college you, as parent I’m sure, would want to make sure your children are always protected from any unseen circumstances. Keeping her under the same auto insurance you have there in Bethesda, Maryland, would definitely be a good idea. For most college is a time where not many can afford to have significant financial setbacks caused by any unfortunate and unforeseen circumstances, like car accidents, when you’re probably already paying a hefty sum on tuition.
Keeping her under the same policy would not only save you money, if she is attending college that is 100 miles away or greater from your home, and leaves the insured vehicle at home, you may be eligible for some discounts on your car insurance policy. You could also get a good student discount (most states will have this) if your daughter performs well in school. Also, the best way to save money is still to be a good example to your daughter, make sure she is aware of the long term and, most of the time, severe implications of driving recklessly. It is always better to be safe than sorry, as they say.