Cochrane Insurance Agency Newsletter
August 2012
I hope that you find these articles of interest. If you have a topic for future discussion, please let me know. Please call anytime we can answer questions or be of help with your business or personal insurance needs.


Rick Cochrane
Cochrane Insurance Agency
1075 N. Rodney ste 106
Helena, MT 59601


Cochrane Insurance Agents



We always appreciate your valuable feedback!

We value our relationships and would like your opinion about our agency. Any suggestions? improvements? compliments? We would appreciate hearing from you.

Did you know ...
Our office operates differently than most Insurance Agencies. We do not have any commissioned salespeople. Everyone is paid a salary rather than commission. We do this to make sure that your best interest always comes first rather than a paycheck. We are all Licensed Customer Service Representatives FIRST and then we have additional duties.

Is My College Student Covered by My Home Insurance?

In general, property insurance for college students is determined by where your student is living.

Time flies. First it was preschool and now fast forward to high school graduation and freshman college orientation. The transition can be difficult, but with the right information and preparation, you can send your student off prepared for any damage or theft of his or her material goods.

In general, property insurance for college students is determined by where your student is living.
If your dependent lives in a dorm, their possessions are typically covered under your homeowners insurance. However, investigate the details, as some homeowners insurance policies limit the amount of coverage for a student’s goods. Take pictures and add up the value of your student’s belongings, including stereos, computers, phones, and gaming systems, before they leave home. Review these amounts with your insurance company to ensure you do not need to purchase additional coverage.

If your child moves to an off-campus apartment, you should take out a separate renter’s insurance policy to safeguard coverage. Their belongings are not covered under your homeowner’s policy in this setting.

Prepare for potential wrongdoing and keep in mind that colleges and universities are not responsible for damage or theft of student assets, even if the incident happens on campus.
Outside of property coverage, an overlooked situation is liability. What if your child unintentionally injured another student? Perhaps during an intramural sports activity? Alternatively, even in the cafeteria line? Normally, your homeowners insurance will provide coverage for these incidents up to the limit of your policy.

Homeowner’s Insurance Rates Rising

Wind…. Hail.... Wildfires…. Tornados…. Drought. Sound familiar lately?

Unfortunately, the increasing number of weather events in Montana is causing home insurance premiums to rapidly increase. If you are insured with us now, we are watching your renewal rates closely and checking with our large variety of companies to see if any will offer a lower premium for you. We are always available to go over coverage and deductible options that might save you some money.

If you are not currently insured with us, we can probably help lower your premium without decreasing your coverage. Home insurance rates can vary among the different insurance companies based on their experience in your community. We have a large variety of great insurance companies in our agency that will compete for your business. We can find the home insurance coverage you need with a top rated insurance company, at the lowest possible price.

The purpose of this newsletter is to provide information about industry trends and news of general interest to our clients, potential clients and other professionals. Information about product offerings, services, or benefits is illustrative and general in description, and is not intended to be relied on as complete information. While every attempt is made to ensure the accuracy of the information provided, we do not guarantee the accuracy of the information.

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