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New FEMA Rating For Township Lowers Flood Insurance Premiums

November 4, 2014 General News

Vornlocker 4-8-141
Township manager Bob Vornlocker said that the new township rating in the FEMA program will save some township property owners money.

Township property owners who carry flood insurance will see their premiums decrease 5 percent this year, thanks to an improved rating in a voluntary program run by the Federal Emergency Management Agency.

Called the Community Rating System, the program provides incentives to towns to take actions to minimize flood risk that are greater than the floodplain management practices mandated by the National Flood Insurance Program.

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