Nashville, Tenn. (PRWEB) August 29, 2013
One of Nashville’s leading insurance providers, Royce Williams Agency, has offered up some valuable tips on how families can reduce risk and save some money on insurance coverage while their kids are away at school. Middle Tennessee is home to more than 75 colleges and universities. In Nashville alone there are at least four major universities, housing a cumulative of more than 30,000 students.
Not only are these tips useful for parents who are sending their kids to school in-state, but also those who have children moving hundreds of miles out-of-state. Many insurance providers offer different kinds of coverage and reduced rates depending on how far students are from home.
“Every year, Nashville families are sending their kids off to colleges in cities and towns, across the state and all over the country,” stated Royce Williams, Principal at Royce Williams Agency. “We get excited for customers who have children moving on to higher education and want to play a role in making that transition easier for everyone, and if we can save them some money on insurance coverage along the way, that is great too.”
One of the most popular and probably most widely known ways to save money on car insurance for students is the good student discount. Most providers will reduce rates for qualifying students who can provide proof that they have maintained a B average or higher.
Families may also be eligible for car insurance discounts if students are over 100 miles from home with no vehicle. This lowers the amount of risk for insurers and allows them to offer reduced rates. However, just because students may be away from home without a car does not mean they should be removed from policies. If they happen to borrow a vehicle from a friend or are driving the family vehicle while at home on vacation, they are liable for any damages that might occur.
Something else to consider is renter’s insurance. If students are not living in university provided housing, in most cases they will not be covered under parents’ homeowners insurance. Renter’s insurance is very inexpensive and covers important items like computers, books, electronics and bikes. Also, if someone is injured in the student’s home or they accidentally injure someone away from their home, renter’s insurance can cover their liability. Renter’s insurance will also cover identity theft, which often targets students.
Every provider offers different insurance packages and discounts, though Royce Williams Agency notes it is critical for parents and students to discuss all their options. Now that most students have already shipped off to school, the Nashville agency recommends meeting with an trained insurance provider to discuss what options are available to help lower premiums and reduce your student’s risk.
About Royce Williams Agency
Royce Williams Agency offers a wide range of affordable insurance options for residents of Nashville and the surrounding areas. They are focused on providing a higher quality of insurance services with up-front customer communication and affordable premiums. To learn more about the types of coverage they offer, including safe driver auto insurance discounts, home and renter’s insurance discounts, contact them at 615-356-4800 or connect with them online.