LIFE CHANGED IN THE PAST YEAR? YOUR INSURANCE SHOULD CHANGE WITH YOU. FAMILIES ARE SENDING
THEIR YOUNG ADULTS OFF TO
COLLEGE, AND YOU’LL WANT TO KNOW
THAT THEY ARE PROTECTED FROM THE
UNEXPECTED. ON AND OFF CAMPUS.
YOU MAY HAVE QUESTIONS ABOUT
WHAT KIND OF INSURANCE THEY MAY
NEED, SUCH AS DO YOUR DOES YOUR
STUDENT NEED RENTERS? INSURANCE
WHAT ABOUT CAR INSURANCE? EVEN
IF THEY DON’T HAVE A CAR ON
CAMPUS? WHO KNOWS? THE ANSWERS
MAY SURPRISE YOU ARE SPONSOR
MEADOWBROOK INSURANCE AGENCY HAS
GREAT ADVICE AND WE ARE JOINED
BY EMILY BORN PRESIDENT OF THE
MEADOWBROOK INSURANCE AGENCY.
AND ARBOR OFFICE. FIRST OF ALL,
THANK YOU FOR BEING WITH US.
THANKS FOR HAVING ME. THESE ARE
ALL QUESTIONS THAT WE ALL HAVE.
WE DON’T USUALLY KNOW WHERE TO
BEGIN. BUT FIRST TELL US ABOUT
MEADOWBROOK AND WHAT IT OFFERS.
SURE SO MEADOWBROOK IS AN
INDEPENDENT AGENCY HEADQUARTERED
IN SOUTHFIELD, MICHIGAN. WE
SPECIALIZE IN ALL LINES OF
INSURANCE, PERSONAL BUSINESS
INSURANCE AND GROUP HEALTH AND
LIFE INSURANCE. WE HAVE BEEN
SERVING THE DETROIT COMMUNITY
OVER THE PAST 65 YEARS. AND WE
HAVE MULTIPLE OFFICES THROUGHOUT
THE STATE, INCLUDING ONE IN ANN
ARBOR, WHICH IS WHERE I’M COMING
TO YOU FROM TODAY, WHICH, AS YOU
KNOW, IS HOME TO ONE OF THE
LARGEST UNIVERSITIES IN THE
STATE, AND WE DO FEEL THESE
QUESTIONS ALL THE TIME. SO
THANKS FOR HAVING ME SUPER
RELEVANT. IT’S OUR PLEASURE TO
HAVE YOU SO LET’S START WITH
STUDENTS LEAVE HOME AND THEY
HEAD OFF TO COLLEGE AND LET’S
SAY THEY START OFF IN A DORM.
YES SO WHEN THEY’RE STARTING OFF
IN A DORM, A LOT OF PEOPLE THE
AGE OLD QUESTION IS, DO WE STILL
NEED AUTO INSURANCE ANSWER IS
YES, A SURPRISINGLY IN THE
REASON BEHIND. THAT IS BECAUSE
THERE’S A PORTION OF YOUR AUTO
POLICY THAT PERSONAL INJURY
PROTECTION THAT ACTUALLY FOLLOWS
THE DRIVER AND NOT THE VEHICLE.
AND WHAT THAT DOES IS IT
PROVIDES COVERAGE IF YOU’RE
INJURED AS A DRIVER, PASSENGER,
BICYCLIST OR PEDESTRIAN, WHICH,
AS YOU COULD IMAGINE IN A
COLLEGE SETTING COULD BE ANY OR
ALL OF THE ABOVE. SO IT’S
EXTREMELY IMPORTANT TO KEEP THAT
COVERAGE ON YOUR POLICY UNTIL
THEY GET THEIR OWN. VERY
INTERESTING. SO EVEN WHILE
YOU’RE RIDING A BIKE, CORRECT,
OKAY, SO THAT’S CORRECT. BUT YOU
DIDN’T KNOW THAT BECAUSE I KNOW
I DIDN’T. SO LET’S TALK ABOUT
WHAT RENTERS INSURANCE TO COVER
THEIR BELONGINGS. SO WHEN YOU’RE
IN A DORM SETTING, RIGHT, OKAY,
WE HAVE OUR HOME HERE. WE’VE GOT
A SIMULATED APARTMENT AND THIS
IS GOING TO BE OUR DORM. OKAY
YOUR YOUR HOME AND YOUR
APARTMENT SETTING IS MORE OF A
PERMANENT RESIDENTS, RIGHT? YOU
MAY CONSIDER UPDATING YOUR
DRIVERS LICENSE TO THAT ADDRESS.
YOU MIGHT TAKE OUT A UTILITY
BILL. WELL. YOU WOULDN’T SO MUCH
WITH A DORM ROOM THAT’S KIND OF
CONSIDERED MORE OF AN EXTENDED
STAY HOTEL. SO IN THAT SCENARIO
, YOU WOULD HAVE COVERAGE THAT
WOULD EXTEND FROM YOUR PRIMARY
HOME POLICY TO THE DORM. NOW I
WILL SAY ANY EXPENSIVE ITEMS.
ANYTHING YOUR STUDENT MIGHT BE
TAKEN TO SCHOOL, SUCH AS A
LAPTOP, EXPENSIVE COMPUTER
EQUIPMENT. NOW WOULD BE A GREAT
TIME TO CONTACT YOUR AGENT AND
HAVE A CONVERSATION ON WHETHER
OR NOT YOU SHOULD HAVE THAT
SCHEDULED ON YOUR POLICY. SEE
THAT IS ALSO GOOD TO KNOW
BECAUSE YOU MIGHT GET
COMFORTABLE SAYING, OKAY, THIS
IS MY EXTENDED STAY THAT
ACTUALLY WHERE I LIVE. WHAT
ABOUT MY LAPTOP. WHAT ABOUT ALL
OF THIS OTHER STUFF, SO THAT’S
REALLY REALLY GOOD INFORMATION.
NOW LET’S SAY THAT THE STUDENT
IN YOUR LIFE MOVES FROM A DORM.
INTO AN APARTMENT. THEN WHAT
SHOULD WE BE THINKING ABOUT? IS
THAT WHEN RENTERS INSURANCE
SHOULD COME INTO THE
CONVERSATION? YES SO NOW WE ARE
BACK INTO MORE OF A PERMANENT
RESIDENTS SETTING AND TODAY
BELIEVE IT OR NOT, MOST
LANDLORDS AND PROPERTY MANAGERS
WILL ACTUALLY REQUIRE RENTER’S
INSURANCE. BUT REGARDLESS IF
THEY DO OR NOT, WE RECOMMEND
PURCHASING THAT POLICY, AND I
WILL SAY PARENTS OR GUARDIANS.
IF YOU ARE CO SIGNING ON A LEASE
. IT IS EXTREMELY IMPORTANT TO
MAKE SURE THAT YOUR NAME IS ON
THIS POLICY. BECAUSE WE JUST
DISCUSSED EARLIER. IT WILL NOT
EXTEND FROM THE PRIMARY HOME.
OKAY THIS IS ALL GREAT
INFORMATION. LAST QUESTION FOR
YOU IS WHAT ABOUT HEALTH
INSURANCE? THAT’S THE EASY
QUESTIONS SO DEPENDENT IS
COVERED UP UNTIL THE AGE OF 26
UNDER THE AFFORDABLE CARE ACT OR
UNTIL THEY CHOOSE TO ENROLL IN A
PLAN THROUGH AN EMPLOYER OR
OTHERWISE. SO THAT’S THE REAL
QUICK, EASY QUESTION. AND I HAVE
A FEELING YOU’RE ABOUT TO SHARE
OUR WEBSITE WITH YOUR VIEWERS.
AM I JUST WANTED TO THROW THROW
THE OFFER OUT THERE REAL QUICK
AND ENCOURAGE ANYONE IF YOU HAVE
ANY ADDITIONAL FOLLOW UP
QUESTIONS. THIS IS VERY COMPLEX
INFORMATION. IT’S VERY IMPORTANT
THAT WE GET THE RIGHT
INFORMATION IN YOUR HANDS.
THANKS FOR HAVING US PLEASURE TO
HAVE YOU KNOW THAT THEY WERE
JUST GOING TO GET A 12TH.
SENTENCE NOT AT ALL. A LITTLE
MORE COMPLICATED, EMILY. THANK
YOU SO MUCH FOR BEING WITH US.
THANK YOU FOR HAVING ME
INFORMATION. MEADOWBROOK
INSURANCE AGENCY HAS DETAILED
RESOURCE HAS A DETAILED RESOURCE
PAGE TO CHECK OUT WHEN SENDING A
CHILD OFF TO COLLEGE. THEIR
AGENTS ARE ALSO AVAILABLE TO
MAKE SURE THAT YOU HAVE THE
COVERAGE THAT YOU NEED TO REVIEW
THAT AND TO LEARN MORE ABOUT HOW
MIDDLEBROOK INSURANCE AGENCY CAN
HELP YOU. AND THE SUDAN IN YOUR
LIFE, VISIT THEIR WEBSITE
MEADOWBROOK AGENCY DOT COM AGAIN