Even If You Rent, You Need Insurance
Renters face the same risk as homeowners if a disaster strikes their residence. Your Landlord or the Condo Association may have insurance, but it will only protect the building, not your possessions inside.
Flood Insurance Rates Increasing
The Federal Emergency Management Agency (FEMA) has released revisions to the National Flood Insurance Program effective April 1, 2016, and if you carry Flood Insurance, you can expect some pretty substantial increases in your premiums.