Posts in April 2016

Moving soon? Here are 5 things to think about

Blog | 0 comments | by maria farfan

Moving provides a great opportunity for insureds to review their coverage for any gaps or major changes. (Photo: iStock)

Moving provides a great opportunity for insureds to review their coverage for any gaps or major changes. (Photo: iStock)

As spring bursts into full bloom, thousands of homeowners and renters are packing up and moving to a new place they will call home.

The U.S. Census Bureau says that 35.7 million people or 11.5% of the population changed their residences from 2013 to 2014.

Cities saw a net loss of 1.7 million while the suburbs had a net gain of 2.2 million movers. Renters are the most active movers, with 24.5% moving after just a year in their current location. A new job or transfer accounted for 9.7% of the moves.

Young adults are the most active age group on the move, with females aged 18-24 more likely (32%) to change residences than their male counterparts (29.8%).

 

Texas, Florida and North Carolina had the most newcomers entering their states in 2015, according to Evansville, Ind.-based moving company Atlas Van Lines.

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