Only about 37% of renters regularly buy renters insurance, compared to the 95% of homeowners who buy insurance on their home, according to the Insurance Information Institute. For a typical 2-bedroom apartment, the average American renter pays $180 a year, but rates are higher in the South due primarily to higher property crime rates and weather-related damages. What states have the least affordable renters insurance?
1. Mississippi, $258 a year with a mean monthly rent of $812.
2. Oklahoma, $236 a year with a mean monthly rent of $778.
3. Louisiana, $235 a year with mean monthly rent of $883
4. Alabama, 235 a year with mean monthly rent of $835
5. Texas, $232 a year with mean monthly rent of $1,065
6. Georgia, $219 a year with mean monthly rent of $1,038
7. Arkansas, $212 a year with mean monthly rent of $733
8. Tennessee, $199 a year with mean monthly rent of $879
9. New York, $194 a year with mean monthly rent of $1,536
10. Massachusetts, $194 a year with mean monthly rent of $1,629
Source: Insurify Insights based upon data released by the National Association of Insurance Commissioners (NAIC),. Across the country, the average cost of rent for a 2-bedroom unit is $1,080.
"expensive" - Google News
August 11, 2020 at 12:44AM
https://ift.tt/2XNLz6X
What states have the most expensive rental insurance? - Chattanooga Times Free Press
"expensive" - Google News
https://ift.tt/2GwwnlN
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "What states have the most expensive rental insurance? - Chattanooga Times Free Press"
Post a Comment