Amidst the emotional process known as sending our children off to college, it is important to prioritize your child's safety. Whether your child is living in a dormitory or an off-campus apartment, it is essential you ensure they have the necessary coverage to account for their expensive belongings such as laptops, televisions, printers, jewelry, etc. According to the MetLife "Insurance Literacy" survey, almost 70% of respondents believed their insurance pays for the full cost to replace personal belongings in the event of a loss; in reality, nearly all insurance companies cap the amount covered.  Here are some tips regarding your college-bound child's insurance coverage:  According to the Insurance Information Institute (III), most possessions of students living in on-campus housing are covered under their parents' homeowners policy; however, there are limits. Some policies will only cover dorm possessions for up to 10% of the original policy. In addition, some categories of property may come with the ...

Take advantage of some savings during the 2016 back-to-school sales tax holiday, August 5 through 7, 2016.