Nearly half of young adults have no contents insurance
Latest research has revealed that 49% of young adults don’t have contents insurance to protect the items in their home.
The poll by MyVoucherCodes.co.uk questioned 1,467 people in the UK, aged 18-25 and living away from their parents. Its findings showed that 78% of the respondents were renting their home, while the remaining 22% had a mortgage.
Of the respondents that admitted to not having home insurance, 41% were students while 7% had a mortgage. When questioned why this was the case more than half, 54%, claimed they didn't have contents insurance because they just ‘hadn't got round to it' while 6% admitted
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