A massive fire that burned an Overland Park apartment complex caused upwards of $20 million in damages. That amount may have some KU students wondering what would happen to their living space in case of a disaster.
Many students are not covered by renter’s insurance, but some may believe they actually are, according to a local insurance agent.
“I think, mistakenly, people may believe they are covered by their parents’ Homeowners insurance,” AllState senior sales associate Scott Hodges said. “But that’s not the case. They need their own policy to protect their items.”
The Overland Park fire caused at least one University student to consider what would happen to his home in case of a tragedy.
“When an event like this occurs, it kind of scares you,” KU student Peter Fusilero said. “When it comes to insurance, you don’t really think about that kind of stuff and you think it’s already taken care of.”
Hodges has yet to see anyone visit him to talk insurance since the blaze.
“We haven’t had anyone specifically talking about the fire in Overland Park,” Hodges said. “We have had issues in the past where storms and fires have hit here in Lawrence and has prompted a lot of interest from people.”
If students are worried about the cost of insurance, Hodges compares it to a price college students may be more familiar with.
“It’s about the same amount as one large pizza per month,” Hodges said. “It’s not very much at all in the long run.”