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How much total money is paid for renters insurance in new york state every year?

User ADoubleSo
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1 Answer

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69% of households in NY state are occupied by renters.
But only 41% of those households have renters insurance.
the average premium for NY state renters is 205. per yr.
2,054,498.7 represents the 41% of renters with insurance.
in 2014 NY state renters spent $421,172,233.5.
Of course these numbers fluctuate yearly but its safe to say this is the average amount spent per yr on renters insurance in NY state.
User Federico Capello
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