According to a recent report by Apartments.com, most apartment dwellers don’t have renters insurance–some 67 percent, in fact. That’s the case even though renters are 50 percent more likely to experience theft than those who own homes, notes the Bureau of Justice Statistics, a part of the U.S. Department of Justice.
via Survey
Liz Dawson said she hopes that other landlords realize their insurance risk if their properties have been vacant.
Chalk it up as another risk facing landlords and investors in a flooded rental market with apartment complexes and property owners offering free rent, reduced deposits and other incentives to lure tenants.
via AZ Central.
At least two home insurers in Florida have begun dropping policyholders who filed claims for property damage linked to drywall imported from China.
via WSJ.com.
