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...
