Can Renters Buy Flood Insurance?

  1. 10 POINTS
    Todd Rooney, CIC
    Principal Owner, Old Bridge Insurance Agency, Woodbridge, VA
    You don't have to be a building owner to purchase flood insurance. Renters of an apartment or house can purchase flood insurance for personal belongings in their rented home, just as business owners who lease commercial space can purchase flood insurance for business property in their leased business location. And if your home or business is located in a moderate-to-low risk area for flooding, you may be eligible for coverage at a preferred rate. Preferred Risk Policy premiums might be more affordable than you think. Now is a great time to contact your local agent or broker to learn more.
    Answered on January 21, 2015
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