4 tips to insure your college student and save money

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    By Brandon Ballenger/MoneyTalksNews

    Between admissions, financial aid, back-to-school shopping and moving in, it's easy for families of the college-bound to overlook something critical: Insurance.

    The average student loan debt in 2013 was $27,000, according to the Federal Reserve Bank of New York. The last thing a student, or their parents, needs is to add to that burden with losses from serious illness, a car wreck, or stolen property.

    It's not smart to assume your student will be covered by existing policies, especially if they're leaving home.

    Read on to find out what you need, and where you can save money.