“More Virginians could receive discounts soon on flood insurance as part of an expansion of a little-known federal program. The Community Rating System, or CRS, reduces peoples’ flood insurance premiums if they live in cities that take steps to mitigate flooding.”

Learn more at WHRO.org.

People in less vulnerable areas receive limited discounts. Residents who are not required to have flood insurance but still do are not eligible for any discount.

Starting in October, that will change. The Federal Emergency Management Agency, which oversees the rating system, says all policy holders in a locality will receive the maximum flood insurance discount regardless of their flood risk or type of policy.


Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.