Student/Recent Graduate Insurance FAQs

I’m a college student. Am I still covered by my parents’ policies?

With recent changes in the law, dependent children are now permitted to remain on their parents health/medical insurance plan until their 26th birthday.

What kinds of risks do college students face?

College students face many new risks as they head off to school: theft of personal property, auto accidents due to driving long distances, and risks related to attending and giving parties.

How extensive are these risks?

College and university campuses aren’t immune to property crime. A 1995 FBI study reported that there were more than 100,000 property crimes on college nationwide, including burglary, theft, motor vehicle theft, and arson. Thieves took an average of $1,251 of property per offense that same year.

At least one in 10 college students revealed that they had caused an auto accident in the last two years.

One in four had a speeding ticket or other moving violation.

These and other offenses contribute to higher Auto insurance premiums for students.