Renters' rights and flood insurance: From landlord disclosures to costs

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Renters Rights News

Flood Insurance,Hurricane Season,When Does Flood Insurance Take Effect

Whether you're thinking about renting a home or apartment or you already do, there are some questions you'll want to get answered, including this disclosure that needs to come from your landlord.

More than half of Houstonians are renters, and if you're one of them, here are some tips to know when it comes to buying flood insurance.More than half of Houstonians are renters, and if you're one of them, it's important you know what options are available to you to protect your valuables and property this hurricane season.1. Can renters buy flood insurance?

It's not what anyone wants to hear, but flood insurance premiums have gone up as well. According to Insurance Council of Texas spokesperson Rich Johnson, when FEMA introduced the changes, it projected Texans would pay upwards of $10 more monthly. Johnson said that's now closer to $15 a month and increases are expected to continue over the next couple of years.

"If you can imagine, you turn your home upside down and you shake it. Everything that falls out is your personal contents, and we usually think that it's just your furniture, your clothing, and electronics. But it is so much more than that," Kawaja added, explaining that it would also include household items like your bed sheets and bath towels, dishes and kitchen gadgets, and makeup. Again, it is everything you own.

 

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