Risks Ahead. Insurance coverage hasn’t kept up as renters outnumber homeowners in key markets

Risks Ahead. Insurance coverage hasn’t kept up as renters outnumber homeowners in key markets

  • Renters outnumber homeowners in major US cities including New York, Los Angeles, Chicago and Houston; cities at high risk for natural disasters like hurricanes, earthquakes and severe winter weather. In Philadelphia, the number of renters is quickly approaching the number of homeowners.
  • Yet, the Insurance Information Institute reports only 37% of renters have renters insurance, while 95% of homeowners have a homeowners policy.

 When there is risk ahead, you can count on KMRD Partners Risk and Insurance Solutions for a common sense approach to risk management and transference through insurance coverage. KMRD Partners structured risk management process provides clients a competitive advantage, reducing their cost of risk while improving their operational efficiency. 

Please contact your KMRD Partners relationship manager or e-mail us at contactus@kmrdpartners.com to review your organization’s occupational safety and health initiatives before one minute from normal strikes..

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