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Press Release: Town Residents Can Now Receive 25% Off Flood Insurance!

Post Date:04/13/2018 11:42 AM

Press Release: Town Residents Can Now Receive 25% Off Flood Insurance!

The Community Rating System (CRS) is a program administered by the Federal Emergency Management Agency (FEMA). It provides lower insurance premiums under the National Flood Insurance Program (NFIP). The premium reduction is in the form of a CRS Class, similar to the classification used for fire insurance. A Class 1 provides a 45% premium reduction. A Class 10 provides no reduction. The CRS Class is based on the floodplain management activities a community implements. Some of these activities may already be implemented by the community, the state or a regional agency such as the South Florida Water Management District. The more activities implemented, the better the CRS class.

For more information, please visit the FEMA’s website at https://www.fema.gov/media-library/resources-documents/collections/414, visit the Town’s website at www.cutlerbay-fl.gov or contact the Public Works Department at (305) 234-4262.

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