With more than 43 million renter-occupied units, the number of renters in the U.S. is near an all-time high, according to data from the U.S. Census Bureau.
However, according to an Insurance Information Institute poll, only 41% of renters carry renters' insurance, a substantial difference from 95% of homeowners who carry homeowners' insurance policies.
Common myths about renters' insurance
Above are three common renters' insurance myths and truths, Nationwide Mutual Insurance Company has identified that insurance agents can share with potential customers.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
