Renters Insurance can help in the event of worst case scenario - Western Mass News - WGGB/WSHM

Renters Insurance can help in the event of worst case scenario

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(Western Mass news photo) (Western Mass news photo)

There are 21 people, mostly UMass Amherst students, attempting to move on tonight after fire tore through an off-campus apartment building on Main Street in Amherst early Sunday morning.

One person is hospitalized with burns and everyone affected is dealing with the loss of personal items.

At least 20 of these residents were students at UMass Amherst and friends told us that they lost most of their possessions.

In the wake of this fire, we spoke with an insurance agent who outlined the benefits of a rental insurance policy in the event of a fire like the one this weekend.

Those who called 258 Main Street in Amherst home were forced out just before 3 a.m. on Sunday due to a fire.
Many are residents students of nearby UMass Amherst who lost a majority of their possessions just two weeks before the end of the semester.
"Anytime you aren't owning, but renting, the importance is to protect your personal property," said Trish Vassallo with Encharter Insurance. 

Vassallo said that she wants those who rent specifically students to see the value of renters insurance in the event of a worst case scenario.

"There is a greater than 60 percent go uninsured and just assume their landlord will provide the coverage they don't, that they can fall back on their parents policy.  They can't," Vassallo added.
Vassallo told Western Mass News that policies are broad and can cover anything moveable from clothes to laptops to bicycles.
"For this situation, it would help these people afford a new place, the additional expense of finding a new place to live short price food expense for eating or things of that neighborhood," Vassallo noted.
Vassallo said that the cost can depend on the personal property limit that you choose to purchase, but that the cost is fairly affordable.

"Fifteen to $20 a month is about the average price you will pay for a student type policy," Vassallo explained.
Students at UMass Amherst have stepped up with donations to help those displaced, including those in Greek Life, who are helping three members of Sigma Delta Tau who were among the victims.
"Students come in and say 'I don't have enough' but when you have to find a new place and you've lost everything, that minimal policy will get you up and running in no time," Vassallo noted.

We touched base with Amherst Fire chief Tim Nelson, who said that they are still searching for a cause.  He also told me he spoke with the father of the young man who was taken to the hospital for burns and breathing in smoke.  His father said that he will be in pain for sometime, but that he will be okay.

Copyright 2018 Western Mass News (Meredith Corporation).  All rights reserved.

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