Demand for renters insurance has risen since 2008 when the U.S. economic landscape changed. What’s traditionally been more acceptable in the single-family housing vertical is gaining traction in the apartment industry. Many properties are encouraging residents to take out policies – in some cases, it’s becoming a part of the lease agreement.
IBISWorld, an industry research engine, predicts that annual revenue from renters insurance will top $601.1 million by 2018, up from $545 million two years ago.
As renters insurance becomes more visible to the apartment industry, many are asking just what the protection can do for them.
Read more...Renters Insurance: Top 10 Questions Residents and Landlords are Asking | Property Management Insider
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.