X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The Millennial generation, or those that came of age in the 2000s, presents a unique challenge to today’s employers, especially those in the insurance industry—namely, how to adapt traditional product strategies aimed at homeowners to the needs of a population following a non-traditional path into the housing market.

The average member of this growing segment—one that typically drove the growth in the homeowners’ insurance market in years past—is now graduating from college carrying a much heavier debt load than his or her parents ever did, in the form of an average of $23,000 in student loan debt. Today’s higher costs of financing a college education will not likely abate any time soon.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.