Demand will remain strong for the Renters Insurance industry, as many people continue to rent dwellings instead of buying houses. More middle-aged individuals and working professionals are now renting apartments and single-family homes, supporting demand for renters insurance. Further, many apartment renters will require tenants to obtain renters insurance, supporting industry performance.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.