How housing affects the market for insurance
Why would the housing market be a factor in underinsurance? Russell Hutchinson explains.
According to the Ministry of Housing and Urban Development, in 2018 there were 291,000 households that were either severely deprived, in public housing or were spending more than 30% of their gross incomes on rent.
Probably, the "severely deprived" aren’t the target market for insurance anyway.
The chart below comes from that report.
It shows that there are...MORE»
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