Renters insurance and Millennials - Why it's a must have

Renters insurance and Millennials - Why it's a must have -

The times are changing and with it the composition of our population. Today's children are tomorrow's adults. And, as it seems, children of yesterday do not think fit the way their parents did at their age. At one point, owning a home was a standard feature of the American dream, but we millennials are increasingly choosing an urban lifestyle in a suburb, preferring an activity of the nightlife, culture, glamor and better employment opportunities. In other words, millennials are trying to preserve the college experience.

One consequence of this change in attitude is that we are much more likely than our parents to rent an apartment or buying a condo that buying a new home. According to an online survey of young adults, 60 percent have chosen to rent rather than own their own home. And it turns out that six out of ten of these young adults tenants do not carry the insurance policy of a tenant.

I am tenant and do not carry the insurance policy of a tenant. It was not a difficult decision when I read on the cover provided by these policies, which seemed both affordable and relevant. Obviously every situation is different, but here are the five things that sealed the deal insurance tenant for that particular millennium:

1. tenant policies cover property not only at home, but as far of the House. For globetrotters children of the late 80s and 0s that will be helpful.
2. Renters policies cover damage to electronics and we millennials like our electronics.
3. policies cover stolen property tenants, which may be of greater concern for urban youth, but it is always important to anyone who rents!
4. renters policy may cover losses incurred by identity theft and help repair the damage. With identity theft in the news, it is much easier for a young person like me to imagine the possibility of my identity stolen than my rental unit of burn.
5. renters policies can cover equipment breakdown. Few people can relate to some of the causes of loss listed more dramatic on the renter's insurance policies, but I think everyone can relate to their big TV screen suddenly does not work because of a mechanical failure.

If you have read my reasons for buying renter's insurance, but are still not convinced, ask yourself this simple question: "How much would it cost to replace EVERYTHING I possess? "Compare this to an affordable price (seriously, affordable !) political and tenant see how you feel about the renter's insurance so. you do not know what next? Contact your local independent agent to talk about how you can get a tenant policy.

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