Homeowners insurance is falling short of impressing Millennials

residential homeowners insurance news

Renters coverage has also not managed to satisfy the expectations of this important demographic. The Millennial generation, which currently makes up the largest demographic in terms of homebuyers and renters throughout the United States, have a greater likelihood of being critical of the experiences that they’ve had with regards to their renters and homeowners insurance. The 2014 U.S. Household Insurance StudySM from J.D. Power identified a number of generational trends. The renters and study looked into the overall satisfaction levels of consumers with regards to three separate personal coverage product…

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Life insurance is not proving its importance to the Millennial generation

Life Insurance Statistics

September is the month that recognizes this type of coverage, but young people are not convinced. This month is Life Insurance month and while there are some demographics that have a tendency to recognize the benefit of carrying this type of coverage, for others, such as the Millennial generation, the importance of this protection is not as clear. September is seen as an important time to review the policy and ensure that it is still appropriate to current needs. Every September, the life insurance sector reminds consumers to consider their…

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