The Secret to Saving Big on College Student Insurance
Types of Insurance Coverage Available
There are several types of insurance coverage that college students might consider, including health insurance, renters insurance, and auto insurance. Each type serves a different purpose, and understanding these can help you choose the right combination for your needs:
- Health Insurance: Many colleges require students to have health insurance, either through a school-sponsored plan or a private insurer. School plans are convenient but can be expensive. Exploring private options might offer more competitive rates.
- Renters Insurance: If you're living off-campus, renters insurance can protect your personal belongings from theft or damage. This type of insurance is often affordable, with policies starting as low as $15 per month1.
- Auto Insurance: If you bring a car to campus, auto insurance is a must. Many insurers offer discounts for students with good grades, which can help lower premiums by up to 25%2.