With the recent talk of property tax rate increases, wouldn’t it be amazing if the City could join a program that reduces insurance premiums for residents in Flood Zones?
On Monday March 30th at 7:30pm, Mr. Clay Bernick – Administrator City of Virginia Beach Environment and Sustainability Office, will be attending the SDCC general meeting to discuss the City’s efforts to join the National Flood Insurance Program(NFIP) Community Rating System(CRS) program and what residents can do to help make this happen.
- 14,000 homes with potential flood insurance savings
- Average insurance premium saving ($100/year)
- 7 other Hampton Roads cities participate in CRS program, VB has never participated.
SDCC General Meeting
Monday March 30th at 7:30pm
Ocean Park Volunteer Rescue Squad Hall – 3769 E Stratford Rd (Click for map)
Background documents on NFIP’s CRS program:
- 2014 Evaluation of CRS by City of VB Public Works – White paper on why it may not be beneficial for VB to join program (Click the link to read – CRS in Virginia Beach Mar 2014 PW Evaluation)
- CRS Communities and their ratings
- NFIP’s CRS Program website – Click here – This site has a lot of good information on the program in general.
- CRS Coordinator’s Manual – Click here – This document explains the program in detail and what requirements localities have to meet to join.
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