TDCI shares insurance tips for back-to-school season
"As the parent of young children, I know that the back-to-school season can be hectic for students, parents, and educators alike," said TDCI Commissioner
"During this busy time of year, I want to encourage Tennesseans to take a moment and consider our insurance tips, which I hope might provide greater peace of mind all year long. Individuals who have insurance questions should contact our team for assistance."
Insuring a Teen Driver? Know The Facts.
If a teenager lives with his or her parents or legal guardians and doesn't own the vehicle, the teen must be listed on their parents' or guardian's insurance policy.
Keep auto insurance policies up to date. If your college student will not drive for a year, take them off the policy. If the student will drive, keep them on the policy.
Also, if your college student has the vehicle at an away school, the company needs to know where the vehicle is garaged. (For example, if the family lives in
Review current deductibles to determine if the deductible is affordable, should an individual need to pay it. On older vehicles, consider lowering or eliminating physical damage coverage — unless a lienholder, such as a bank, requires it.
Increase deductibles and have the teen drive the oldest vehicle to help lower insurance costs. Consult your licensed insurance agent to learn more.
SUVs, convertibles, and sports cars often come with higher insurance premiums.
Several insurance companies offer discounts to students with high grade point averages.
What to Do If There is an Auto Accident.
Unfortunately, sometimes accidents happen. If a driver is involved in a wreck, remember the following tips:
If someone is injured, call 9-1-1 immediately to request an ambulance. Make sure an officer comes to file a police report. This helps the insurance company process the claim.
Take pictures of the damage to submit once the individual contacts the auto insurance company to start the claim filing process.
File a claim with the insurance company as soon as possible.
Take the car to an auto shop—either one recommended by the insurer or a shop you prefer.
An adjuster will look at the vehicle to assess the damages.
The auto insurance company will determine how much to give toward repairs or, if a total loss, a new vehicle.
Covering College Students
College students who are away from home also need to be prepared. Remember:
Students can stay on their parents' health insurance plan until they turn 26 years old.
Find a doctor and health facility in the area that are in-network with the health plan.
Keep auto insurance policies up to date. If the college student will not drive for a year, take them off the policy. If the student will drive, keep them on the policy.
If they have a car, make sure they always keep their auto insurance card with them or on their mobile device.
A student's belongings in a dorm or apartment may be covered by his or her parents' homeowners insurance policy. Ask your agent if the policy covers these items.
Unfairly Denied an Insurance Claim?
If your family experiences a claim denial, claim delay, or settlement disagreement, file a complaint at tn.gov/insurance, under "File A Complaint." TDCI's
Call 615-741-2218 for insurance questions or more information or visit www.tn.gov/commerce/insurance-division.html.


ATTORNEY GENERAL CLARK SUES OVER TRUMP ADMINISTRATION'S EFFORT TO UNDERMINE AFFORDABLE CARE ACT PROTECTIONS
AG JENNINGS SUES TO BLOCK TRUMP ADMINISTRATION'S ATTEMPTS TO HIKE HEALTH INSURANCE PRICES AND UNDERMINE ACA
Advisor News
- Americans aren’t turning retirement plans into action, LIMRA finds
- Ashley Hinson ‘death tax’ story collides with truth
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
More Advisor NewsAnnuity News
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
- Jackson Financial CEO caps 40-year career with blockbuster Q2
- Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
- NAIC regulators begin consensus phase on annuity illustration overhaul
More Annuity NewsHealth/Employee Benefits News
- Small school districts unite to lower health costs
- Endorsing Janoo
- Ashley Hinson unveils insurance transparency bill amid scrutiny of her health care record
- Why Gen Z turns everything – even murder – into a joke
- Ashley Hinson unveils insurance transparency bill amid scrutiny of her health care record
More Health/Employee Benefits NewsLife Insurance News
- Indiana eyes more oversight of insurance companies' exposure to private credit
- HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES
- ‘Uniquely positioned’: Equitable outlines future post-Corebridge merger
- Don't keep checks with clerical errors
- The insurance distributor that builds its own software will win the next decade
More Life Insurance News