Renters' Insurance in the US - Industry Market Research Report

Renters' Insurance

Over the five years to 2020, the Renters' Insurance industry has benefited from a growing preference among Americans to rent living spaces as opposed to buying homes. Industry operators provide insurance policies, namely HO-4 and HO-6 policies, to tenants of apartments, condominiums and cooperative units who do not own the residencies in which they live. Individuals who own the apartments, condominiums and cooperative units are provided with different insurance accounted for in the Homeowners' Insurance industry (see IBISWorld report OD4766). According to data from the US Census Bureau, the number of individuals who live in rent-occupied residencies has steadily increased since 2000.

This industry underwrites insurance policies (i.e. assumes risk and assigns premiums) for renters. Renters’ insurance protects against loss or damage to property due to theft, fire and other causes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About This Industry
    • Table Supply Chain
  • At a Glance
    • Table Key Statistics Snapshot
    • Table SWOT in the Industry
    • Table Industry Structure
    • Table Industry Outlook 2012-2025
    • Table Annual Change in Per Capita disposable income 2012-2025
    • Table Major Player Market Share
    • Table Products and Services Segmentation
  • Industry Performance
    • Table Key External Drivers
    • Table Industry Data Timeseries
  • Industry Outlook
    • Table Revenue Outlook
    • Table Industry Life Cycle
  • Products & Markets
    • Table Supply Chain
    • Table Products and Services Segmentation
    • Table Major Market Segmentation
    • Table Business Concentration in the United States
    • Table Distribution of Establishments vs Population
  • Competitive Landscape
    • Table Concentration in this industry is Medium
    • Table Cost Structure Benchmarks
    • Table Barriers to Entry Checklist
  • Major Companies
    • Table Major Players
    • Table The Allstate Corporation
    • Table The Travelers Companies Inc.
  • Operating Conditions
    • Table Capital Intensity
    • Table Capital Intensity Ratios
    • Table Volatility vs. Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook