Okay, you've got a laptop and iPad for your lectures, a futon for the dorm room, and snacks (nutritious, of course) for late-night studying. Everything's set as you embark on your college journey. But hold on—you might be forgetting something. Although it may not seem like a top priority right now, insurance is a concern all college students need to think about. Having the right type of automobile, renters, and health insurance can provide vital protection during years when you cannot afford any major financial setbacks.

Auto Insurance

Courses for Non Majors

Thinking about taking your car on campus. Make sure you have all the coverage you need.

Renters Insurance

Courses for Non Majors

What if your laptop was stolen. How would you plan on replacing it? Insurance can help pick up the tab.

Health Insurance

Courses for Non Majors

Cough, Cold, & Flu, oh my..

Options if you are feeling blue.

Insurance and Credit Score

Auto and homeowner’s insurance companies may use consumer credit information in deciding whether to issue or renew policies. Although companies cannot use credit information as the sole reason to refuse an application, cancel a new insurance policy in its first 60 days of coverage or decline the renewal an existing policy, insurers may use this information as one of the criteria they consider as part of the underwriting process.

There are several steps you can take to maintain a good credit score:

  • Pay monthly credit card bills on time

  • If you have missed payments, get current and stay current

  • Maintain a low credit card balance. Don’t max accounts out

  • Avoid signing up for new credit cards that you don’t need

Under federal law, an insurance company must tell you if it takes an “adverse action”—not offering a policy, charging a higher rate, etc.—against you due to your credit history. You will be entitled to receive a free copy of your credit report from the credit bureau—the company used to obtain your information.



Page last modified January 24, 2017