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Renters Insurance in the US

IBISWorld, Oct 2011, Pages: 29


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Fully insured: Mandatory insurance policies and changing demographics will sustain demand

What is the Renters Insurance Industry?

This industry underwrites (i.e. assumes risk and assigns premiums) insurance policies for renters. Renters insurance protects against loss or damage to property due to theft, fire and other causes.

Industry Products
- Mandatory renters insurance for single-family houses
- Mandatory renters insurance for apartments and condominiums
- Voluntary renters insurance for single-family houses
- Voluntary renters insurance for apartments and condominiums

Industry Activities
- Providing insurance policies for apartment rentals
- Providing insurance policies for condominium rentals
- Providing insurance policies for single-family dwelling rentals
- Providing insurance policies for personal possessions




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