“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 […]