Renters' Insurance in the US
As more people live in rent-occupied households, industry operators gain opportunities to provide consumers with renters' insurance. In recent years, effective marketing has made consumers more aware of the small amount they need to pay each year for renters' insurance, which assures they will receive reimbursements in the event that their personal belongings are stolen or damaged inside their apartment or condo.
This industry underwrites insurance policies (i.e. assumes risk and assigns premiums) for renters. Renters’ insurance protects against loss or damage to property due to theft, fire and other causes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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