Nadyah6426 Nadyah6426
  • 17-09-2017
  • Business
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How much total money is paid for renters insurance in new york state every year?

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kevstuh kevstuh
  • 22-09-2017
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.
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