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.