Majority of Renters Are Uninsured; Renters Insurance Can Provide Important Financial Protection This Hurricane Season
Posted: August 22, 2013
Although the majority of homeowners purchase insurance for their home, when it comes to renters, only 35 percent have renters insurance, according to a poll conducted for the Insurance Information Institute (I.I.I.). The number of renters is steadily increasing. According to an April 2013U.S. Census Report, the share of housing occupied by renters rose to 35.4 percent in 2013—up from 34.1 percent in 2009. And...
Renters Insurance Checklist
Posted: July 18, 2013
If you rent a house or apartment, your landlord’s insurance will only cover the costs of repairing the building if there is a fire or other disaster. You need your own coverage, known as renters or tenants insurance in order to financially protect yourself and your belongings. Renters insurance includes three important types of financial protection: Coverage for Personal Possessions Liability Protection Additional Living Expenses...
