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3110 S Wadsworth Blvd, Ste 202
Lakewood, CO 80227
Fax: (303) 232-3162
Protect Your College Grad with the
Provided by: Safeco Insurance
College graduation is an exciting time for students and their
parents alike. And, while it's easy to be immersed in graduation
parties and focused on first-job jitters, it's a time of major
transitions and big decisions, and it's essential to prepare
graduates for what comes next.
One area new college graduates need to address is insurance.
As insurance professionals we know insurance can be a
confusing topic. We also know that seemingly small missed
details can result in very large losses. We want to ensure your
college graduate is protected before heading out into the real
world, so we have compiled the following pointers.
• Review your family's current insurance. The first step when considering insurance for your
new graduate is evaluating the coverage you currently have. Make an appointment with your
agent, who can advise on whether it's appropriate given the pending changes, and whether it
will cover your son or daughter.
• Know the law. Most states require drivers to have auto insurance, and most of those have
minimum policy limit requirements. Research the law in your son or daughter's state, or consult
with your agent, to make sure they are covered adequately.
• Read your lease. Many apartment, condominium and home rental properties require tenants
to maintain a certain level of renter's insurance, which covers the contents of the home in the
event of a robbery, fire, or other loss. Make sure you know the terms of your son or daughter's
new lease, and insure them accordingly.
• Don't end up liable. Any home renter or owner is exposed to liability risk. To ensure there is
adequate coverage in the event someone gets injured on your son or daughter's property,
speak with your agent about liability insurance.
• Don't gamble! Never go without. It's simple: your son or daughter should always have
insurance in place. Be sure to discuss with your agent what types they need.
• Know your company benefits. Many college graduates move straight into the workforce, and
most companies have benefits. Study the company's human resources handbook to learn what
benefits are available, when they go into effect, and what their limitations are.
We are very excited for your daughter or son, as we are sure you are, to be graduating and starting
this new chapter of their life! Please contact us with any questions or to request a review of your
family's insurance portfolio.