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News
Older, Wealthier Renters Drive Changes in Insurance Needs
2+ week, 1+ day ago (535+ words) As the demographic of the average American renter changes, so too do their insurance needs. Renters today tend to be older with higher incomes and stronger credit profiles, and they often remain at the same address for several years, according…...
Markets/Coverages: Lemonade Enters Maine and Vermont Renters Insurance Markets
3+ week, 6+ day ago (240+ words) Digital insurer Lemonade has expanded availability of its renters insurance into Vermont and Maine. They become the 43rd and 44th states where Lemonade offers renters insurance. Lemonade lets renters use an app to obtain quotes, purchase policies, update existing policies, and file…...
What to Consider When Building Insurance Programs for Aging Properties
9+ mon, 3+ week ago (535+ words) This highlights some of the issues that come up with older buildings, and specifically with their insurance programs. I’d like to highlight a few areas, including underwriting and pricing challenges, claims problems, ordinance and law coverage requirements, and some risk…...