Renters Are Up, While Insurance Is Down

A survey finds that almost 2 out of 3 renters lack insurance.  This is at a time when there are more people renting.

Common reasons given are that renters think the landlord has coverage or they feel their apartment complex has good security.  Laura Adams is with

“Forty-eight percent of the survey respondents said that was the reason that they didn’t have it — that the landlord has it. And yes, the landlord’s coverage only is going to take care of the building. So, you know, the structure, maybe the carpets, the cabinets, something along those lines, if you have a problem or disaster. But it’s not going to cover your personal belongings or cover your personal liability.” 

Adams says more people than ever are renting now, and many think renter’s insurance is expensive. But she says renter’s insurance averages only about $183 per year.    



Ed Mayberry

Ed Mayberry

News Anchor

Ed Mayberry has worked in radio since 1971, with much of his early career as a rock’n’roll disc jockey. He worked as part of a morning show team on album rock station KLBJ-FM, and later co-hosted a morning show at adult rock station KGSR, both in Austin. Ed also conducted...

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