Unawareness of tenants' liability insurance putting vast majority of renters at risk
An overwhelming majority of renters continue to be acutely vulnerable to financial loss due to being oblivious to tenants’ liability insurance.
New YouGov research commissioned by Paymentshield has revealed that 46% of renters polled didn't have a contents insurance policy in place. Of that group, 90% admit to not knowing what tenants’ liability insurance – which offers protection against damage to the landlord’s property or belongings – is, with 60% admitting that they’ve never heard of it. To continue reading, please click here.
Source: Property Reporter