Health Insurance Should Come FirstHealth coverage is the most important type of insurance for college students to understand, since medical costs can add up fast even for something as simple as a sprained ankle or a bad case of strep throat. Most students under 26 can stay on a parent’s health insurance plan, which tends to be the most cost effective option if it’s available. Renters Insurance Protects More Than You’d ThinkIf you’re living off campus, renters insurance is one of those things that feels unnecessary until the moment it isn’t. Consider Whether You Need Disability CoverageDisability insurance isn’t usually on a college student’s radar, and for many, it genuinely isn’t necessary yet. This type of coverage becomes increasingly relevant as students move closer to graduation and start relying more heavily on their own income rather than family support.