When your son moves out of your home in West Hartford, Connecticut, you may worry about his personal property and the possible liability concerns that may arise. Depending on the situation, he may still be covered under your homeowners insurance policy, but it usually will not apply if he is renting an apartment.
Apartments vs. a Dorm
During college, some young adults are still covered by their parent’s home policy. The reason is because the young adults live in a college dorm rather than an apartment. When your son rents an apartment, he is no longer covered under your current plan because he is saying that he is independent by renting on his own.
A dorm room is not the same. Your policy may cover a young adult who is staying in a college dorm because the dorm is considered a temporary living area.
If your son is renting an apartment, then he will need to purchase a renter’s insurance policy. A renter’s policy is designed to address all of his concerns when he rents a property. For example, it will protect his personal belongings and offer some liability protection, but it will not protect the building from fires. It is the responsibility of his landlord to pay for damages to the property if a fire occurs. Furthermore, it may offer some protection in case the rental property is damaged and he cannot live there, such as paying for hotel costs until he can find a new apartment.
Although your son may be your child, he is responsible for his own insurance if he is renting an apartment. To learn more about the different rental insurance options, contact us to talk to an independent agent today.