Substantial change and 2020 will always share a special connection, and 70% of insurance shoppers indicate they made significant changes during the past year that would impact their insurance policies, according to a survey by The Hanover Insurance Group, Inc.
While 7-in-10 survey respondents said they made a big change in the past year, the same amount reported having insurance blind spots in their lives due to uncertainty in the types of insurance coverages they need.
Adopting a pet (18%) and home renovations (13%) were among the most common changes and concerning insurance blind spots, according to The Hanover.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
