Often young people move out of their parent’s home when they go to university. Either they stay in student accommodation to be close to lectures or they move to another city for their studies. When they move out, they take all their prized possessions with them and with crime the way it is, thefts and hijacks can occur.
When they lived in their parent’s home, all their possessions were covered under their father or mother’s insurance policy. When they move out however, it might become necessary for them to have a look at insuring their own possessions. If you are lucky, you might have a car of your own. In all probability, you will have a laptop and other electronic equipment such as a cell phone with you. It might even be an expensive camera if your study is in that direction. Since you are still a dependant, you can still insure your valuables on your father’s policy, if not, you will have to look for insurance of your own.
On the website www.student-insurance.co.za, you will find articles about insurance in general as well as articles about specific insurance classes.
A main concern for a student is insurance for a car. Since you do not have any driving experience, the premium will be high. There are however ways to reduce the premium or to keep it as low as possible. The website will give you ideas as to where to look and how to go about the process. Many online sites offer insurance products and since they do not make use of intermediaries and therefore do not pay out commissions, they can keep premiums low. Selected online sites offer comparative rates from a number of insurers, which will make it easier for you to see what is on offer. These sites include quotes from many of the major and established insurance corporations.
In the end, it might still be best to leave the insurance for your car on your father’s policy. During his lifetime, he has established a record of accomplishment and that will work in your favour. You can also insure your laptop on your father’s insurance policy.
