Survey shows many who rent in Austin don't have insurance on their property - Austin Business Journal:

Members: Log in Not Registered? Register for free extra services. In the midst of the current housing crisis, a growing number of people are renting nationwide. But Allstate found that many renters nationally are not adequately prepared in case of disaster.

In Austin, 73 percent of renters have not done a home inventory check list or tried to estimate the cost of replacing everything in their home in the past year or two, the survey found. Fewer than one in five local renters have taken photographs or videotaped their possessions during the past two years to document what they own. The other major Texas markets showed similar trends.

In Dallas-Fort Worth, about 40 percent of renters have no renter's insurance, and in Houston, that figure jumps to 52 percent. This survey highlights the importance of educating American families who rent about the risks facing their homes and possessions," says Jeff Deigl, vice president of specialty product lines for Allstate. It's a wake-up call to increase awareness of the resources available to minimize these risks."

Those without renters insurance in Austin were more likely -- 39 percent -- to name not having enough valuables as a reason they have no renters insurance, compared with 21 percent in the Dallas area and 13 percent in Houston. Allstate conducted national and Texas-focused surveys of renters between May and June. Learn more about this service. Johns County arcade, found a new financing option after meeting a credit roadblock.

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