Survey: Most Americans don't have renter's insurance - KWWL - Eastern Iowa Breaking News, Weather, Closings

Survey: Most Americans don't have renter's insurance

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(NBC) -

Six in 10 Americans who rent a house or apartment don't have renter's insurance.

That's according a new survey by InsuranceQuotes.com.

The survey said 37 percent of renters have renter's insurance, and 4 percent don't even know if they have it. 

As for those 45 percent that know they're without it, they said it's because it's too expensive.

According to the National Association of Insurance Commissioners, the average cost of renter's insurance is $187 per year. 

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