A cool time was had by all at the ice cream social held in Williamstown during the MTA Summer Conference. The event was sponsored by the MTA ESP Committee and Educators Insurance Agency, a partner of MTA Benefits. Above left, Lois Powers, a member of the Classified Staff Union at UMass Boston and the MTA Board, was hoping for a winner as she chose a rubber duck that was part of a gift card giveaway. The EIA staff handled the serving. Above right, from left to right, are Tammy Gaffney, Zachary Patten, Anna Briare, Eric Schulman and Tiffany Santilli.

Kids back at college? It’s time to adjust your policy

H ave you just sent your child back to college? If so, you might be breathing a sigh of relief — or just sighing at the end of a summer made more fun by having kids back in the house.

Now that your child is living away from home for a couple of months, it may be time to make changes to your insurance policies.

First, let’s consider the valuables she packed. If something were to happen to her new computer, cellphone or another possession, would your homeowners’ insurance policy cover the loss? Contact Educators Insurance Agency to discuss exactly how your policy works and how it needs to change, depending on whether a child lives on or off campus. (Hint: Renters insurance may be in order.)

Let’s also think about how she traveled back to school. If she brought a car to campus for the first time, she’s probably pretty excited, and with good reason. A car can mean better access to off-campus jobs and weekend trips. But let’s look at the impact on your insurance.

If your child is listed as an
additional driver on your policy,
It may also be time to evaluate
moving your child to a separate
insurance policy. Your agent can work
with you and your child to see what
makes the most sense for both cost and
liability purposes.

Even if your child isn’t bringing a car back to school, talk to your agent. If she remains on your policy to use your car over winter break or during visits home, you may be able to reduce your premiums to reflect her reduced usage.

All that adds up to savings —
which makes for a richer college
experience for both you and your
child!

For more information, contact an advisor at Educators Insurance Agency toll-free at 877.284.7646 from 7 a.m. to 9 p.m. Monday through Friday and from 9 a.m. to 5 p.m. on Saturdays or visit EIA’s website, www.educatorsinsuranceagency.com.

This material is provided for informational purposes only and does not provide any coverage. Policies are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all states and is subject to the company underwriting guidelines and issued policy. MTA member discount is available to Massachusetts residents only. EIA is a member of The Hanover Insurance

Group, 440 Lincoln Street, Worcester, MA 01653 LC 13-160 It may also be time to evaluate moving your child to a separate insurance policy. Your agent can work with you and your child to see what makes the most sense for both cost and liability purposes.