Move-in day is over, and now you can finally relax. However, we understand that worrying about your child being safe while at college never really ends – so we’re here to help.

Though you may not be able to be with them everyday, it helps to know that you can still keep their belongings and personal property safe. Expensive items such as phones, laptops, TVs and iPods that often accompany most college students to school can be covered under your homeowners’ insurance. If any of these items were stolen or damaged, it would be very costly to replace them. However, you do have options available to insure your child’s security.

If your student goes away to school and is not taking a car with them, you may be thinking of taking them off of your auto insurance policy to save money on your monthly insurance bill. However, what if he comes back for Christmas break and wants the car to visit friends?

Fortunately, some auto insurers offer a discount on insurance for students away at college with no access to a car except over vacations, breaks and summer. If he or she meets certain criteria, you may be eligible for a Distant Student Discount. Requirements vary by insurance provider, but they typically must be at least 100 miles away from home, be attending school full time, and under the age of 23.

As a full time student, your child may also qualify for a Good Student Discount if they maintain a grade average of 3.0 or higher.

At OceanPoint Insurance, we suggest that you review your current homeowners and auto policies with your agent as soon as possible to adjust your coverage if need be and provide yourself with a much-needed peace of mind.

RI Car Insurance

Fall has officially arrived and the school year is underway. However, as you may finally be settling into a comfortable transportation routine for your children, it is important to be aware of the gaps in your coverage that are allotted with the different types of commonly used transportation services. Ride sharing, vehicle sharing and carpooling each come with their own hazards that we believe our policyholders need to be aware of.

Ride Sharing

According to the Insurance Services Office (ISO), ride sharing is a term generally referring to a peer-to-peer service that enables the arrangement of vehicular transportation services, often on a very short notice generally utilizing smart phone applications.

In most cases, ride sharing is not protected through a basic auto policy, as it excludes coverage for liability, bodily injury, physical damage or property damage arising out of the ownership, operation or occupation of a vehicle while it is being used for such purposes.

Listed below are the potential gaps in Personal Auto policies that you should talk to your OceanPoint agent about immediately prior to engaging in ride sharing:

Coverage for Damage to your Auto: your policy will not pay for loss to your covered auto or any non-owned auto while being used as a public or livery conveyance
Medical Payments Coverage: most policies exclude this coverage for any insured for bodily injury if the injury occurred while the vehicle was being used for public or livery conveyance

Vehicle Sharing

Distinct from ride sharing, but equally as prevalent, is vehicle sharing. These types of programs, also known as peer-to-peer car sharing, allows an individual to rent out their personal vehicle for a fee to another individual. Vehicle sharing rental fees are shared between the individual and the vehicle sharing company.

Such as the case in ride sharing, RI car insurance for vehicle sharing excludes coverage for liability, bodily injury, physical damage or property damage when “your covered auto” or a “non-owned auto” is being operated within the context of a personal vehicle sharing program.


On the other hand, using your vehicle to carpool children to school is still covered under your basic auto policy, as long as you do not make a profit from it. Accepting gas money does not fall under the terms of making a profit.

However, we highly suggest that you consider additional liability or umbrella liability insurance if you continue to carpool throughout the year. Remember, costs could add up quickly after an at-fault accident. In addition to covering the damages to the other party’s car, injuries, or property that you’re responsible for, covering any injuries for your passengers only adds to these costs.

In the case that your RI car insurance liability coverage isn’t enough to cover the damages of an accident, a personal umbrella policy will assist you right where your other liability underlying limits have been reached.

It is for this reason that we at OceanPoint Insurance strongly recommend that you talk to your agent soon about your options for increased coverage. Contact us today to discuss your current RI car insurance policy, and to ensure that you and your passengers are safe and fully protected.


Information for this article provided by: Personal Umbrella Policy, Ride Sharing and Vehicle Sharing, and Personal Auto Policy