Monday, March 11, 2013

Only 34% of renters have insurance via HousingWire

Renters insurance seems undervalued by both apartment and single-family home dwellers. In fact, only 34% of home and apartment renters have insurance, according to a study from InsuranceQuotes.com.

When surveyed, 60% of people incorrectly guessed $250 to be the annual cost of renter's insurance. About 21% of individuals interviewed thought renter's insurance would cost them as much as $1,000 per year or more. In reality, the true cost of renter's insurance is only $185 per year.

Read more...Only 34% of renters have insurance | HousingWire

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