reasons why renters need renters insurance coverage

An increasing number of Americans view renting a home as a better “investment” than buying one, yet less than half of renters have renters insurance, according to the Insurance Information Institute (I.I.I.). The U.S. Census Bureau noted that in the second quarter of 2010, 37.1 million housing units were occupied by renters, up by more than 800,000 units from the same period the previous year, and up by 8.2 percent, from 34.3 million units, in…