Why millennials need tenant's insurance

The number of 20-39 year olds renting has more than doubled from 20 to 50 per cent since 2000.  Known as ‘generation rent’, many millennials (also known as Generation Y) are unable to afford the average house price of £218,000, which continues to grow by about 6 per cent each year.  Until homeownership becomes more attainable, consider purchasing tenants’ insurance to avoid suffering devastating losses and to ensure that you can amass enough savings to purchase a home.

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