renters insurance News

Pennsylvania Regulator Offers Consumer Tips for Airbnb Users

Pennsylvania Insurance Commissioner Teresa Miller is offering consumer tips for both guests and hosts of home sharing sites like Airbnb, as use of these sites may rise in Pennsylvania with the state hosting two major national events — the U.S. …

Arkansas Commissioner: Cuts Mean Military Members Should Buy Renter’s Insurance

The state’s insurance commissioner says members of the military stationed in Arkansas should consider buying renter’s insurance because the Basic Allowance for Housing no longer covers it. Insurance Commissioner Allen Kerr said that last year, Congress reduced rates for the …

South Carolina Woman Accused of Arson for Insurance Money

A Union, S.C., woman is accused of setting fire to her mobile home with her two cats still inside. The Herald-Journal of Spartanburg reports the Union County Sheriff’s Office announced the arrest of 28-year-old April Lynn Hudson May 21. Deputies …

Many Hispanic Renters Overestimate Cost of Insurance

Almost half (43 percent) of Hispanics without renters insurance think they cannot afford it but they overestimate the cost, a new survey shows. Eighty-eight percent of respondents in the Hispanic market survey by State Farm overestimate what a typical renters …

NYIA: Many Renters Lack Renters Insurance Despite Premium Decreases

The New York Insurance Association (NYIA) says the percentage of renters buying renters insurance has been falling nationally in recent years even as premiums become more affordable. According to a 2014 Insurance Information Institute poll conducted by ORC International, only …

Interest in Renters Insurance Climbs after Illinois Storms

An insurance agent in central Illinois says he’s noticing an increase in the number of inquiries about renters’ insurance following the deadly November tornadoes. The (Peoria) Journal-Star reports one of the newly insured is Jesse Hunter. Washington man and his …

Arbella Expands Carpartment Insurance to Connecticut

The Arbella Insurance Group has expanded Carpartment insurance to Connecticut, via Bearingstar Insurance agents. Designed to help make renter’s insurance policies simpler and more affordable, Carpartment offers discounts to tenants who insure their cars with Arbella. According to Jim Hyatt, …

J.D. Power: Personal Lines Agents Missing out on Opportunities in Renters Segment

Insurance agents who only focus on homeowners insurance customers are missing a golden opportunity to build long-term relationships with renter customers as their insurance needs grow due to life or circumstance changes—such as having a family or purchasing a home …

Esurance Now Offering Renters Insurance in Oklahoma

Esurance announced it is now offering renters insurance to new and existing customers in Oklahoma. Oklahomans who are renting or leasing a condo, home, or apartment can add the coverage to their auto insurance quote or existing auto policy. By …

Arbella Introduces Carpartment Insurance

The Arbella Insurance Group has launched Carpartment insurance, which offers discounts to renters insurance customers who insure their cars with Arbella. “Renter’s insurance is carried by only 31 percent of tenants nationwide, and many of the uninsured have no idea …