BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Pets, tech take priority over renters insurance: Study

Pets, tech take priority over renters insurance: Study

A third of millennial pet owners carry policies for their pooches. The same percentage, insurance for their tech toys.

But renters insurance for the largest generation of renters? Meh.

A new study conducted by Liberty Mutual Insurance Co. revealed that 43% of millennials are renters and less than half — 42% — of those millennials have renters insurance.

The study, released Oct. 25, also found that while millennials are choosing specific protection for their personal technology and their pets more than other generations, approximately a quarter of  millennials are looking for ways to cut back on their auto, home and renters insurance.

The study asks: Why the lack of protection in certain areas?

Thirty-three percent of millennials said it never occurred to them to get renters insurance, and 31% admitted the process is too complicated, according to the study.



Read Next