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Young renters struggle to afford cover amid financial pressures

By 2022-03-09T12:00:00

young people, renting

UK general insurers therefore have a key role to play in preventing the decline of household penetration rates

Young adults are increasingly being forced to rent for longer due to the current economic climate, making it vital for insurers to find new ways to reach tenants struggling to afford cover, according to data and analytics firm, GlobalData.

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