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...
The Coming Storm: Review Your Insurance Policy’s Hurricane or Windstorm Deductible Before It’s Triggered
Posted: August 22, 2013
With peak hurricane season arriving, it’s time to pull out your homeowners insurance policy to check if you have a hurricane or windstorm deductible, and make sure you understand how it works in the event you have to file an insurance claim, according to the Insurance Information Institute (I.I.I.). “The time to understand how the claims process works is before you have a loss,” pointed...
