When your child goes off to college, everything changes—they gain both freedom and responsibility, and you’re left with an empty nest. However, it’s also important to consider how this event alters your family's insurance landscape. If you’re wondering whether you need to update your child’s property or car insurance policies, stay ahead of the game with the following guide.

Property Insurance

Even though your college student will no longer be living under your roof, your homeowners insurance policy may still offer them protection. In most cases, as long as your child is a full-time student, under the age of 26, and living on campus, their room and possessions will be protected.

If your child is not studying full-time or if they live in an off-campus apartment, your homeowners insurance policy might not provide adequate coverage. That means their new laptop, expensive textbooks, and new furniture might be unprotected. Luckily, they can regain peace of mind by securing a renter’s insurance policy, which will be reasonably inexpensive.

Car Insurance

If your student brought a family car to campus with them, you'd want to ensure your auto insurance policy still covers them. Again, in most cases, individuals who study full-time can remain on their family’s car insurance policies if their primary address is still your house. This means, even if they go to school out of state, they will still be covered. Plus, it will save them money to do so.

In this case, you should notify the car insurance company of your child’s new address, and make sure your policy meets the required guidelines for the state they study in. On the other hand, if your student bought their car and has the title, they need to get a separate insurance policy.

If you’re confused about your child’s new coverage needs as they leave home, get in touch with Chanler Agency of Geneseo, NY. This family-owned and -operated company has been helping families and individuals get the coverage they need since 1973. Their licensed professionals will meet with you and your child and explain what coverage they will need as they move into this next phase of their life. Whether you’re looking for auto, business, farm, or general liability insurance, visit their website to learn more about their offerings. You can also call 585-243-5520 to speak with a staff member today.