Tenants can purchase flood insurance, says the Federal Emergency Management Agency (FEMA). A tenant’s flood insurance policy can cover up to $100,000 for items damaged by flooding and can help replace items such as furniture, electronics, and clothing owned by the tenant.

To purchase flood insurance, your municipality must participate in the National Flood Insurance Program (NFIP). FEMA maintains a list of municipalities eligible for flood insurance. A tenant’s flood insurance costs, according to Floodsmart, can be based on a number of factors, including the age of the building, the number of floors and residents of the building, the property’s flood zone, and the gov franchise. You will likely find that flood insurance is cheaper since your rental home has a low to moderate risk of flooding, says Floodsmart.gov.

A tenant’s flood insurance does not cover damage to the house or the rented apartment. The owner would need separate flood insurance to cover the physical structure of their rental property.DOES RENTAL INSURANCE DAMAGE FLOODS?/b>

Standard tenant insurance does not cover damage due to flooding. Tenant insurance protects your property from certain other risks, often called dangers. Although tenant insurance can help cover sudden and accidental repairs of water damage in certain situations, for example, if your air conditioner or pipes leak, this coverage does not cover damage caused by flooding. If your belongings are damaged by a flood and you don’t have flood insurance, you have to pay out of pocket to replace them.

A local insurance agent can help answer your questions about flood insurance or purchase FEMA flood insurance.