The National Flood Insurance Program's (NFIP's) Community Rating System (CRS) is a voluntary incentive program that recognizes communities for implementing floodplain management practices that exceed the Federal minimum requirements of the NFIP to provide protection from flooding.
In exchange for a community's proactive efforts to reduce flood risk, policyholders can receive reduced flood insurance premiums for buildings in the community. These reduced premiums reflect the reduced flood risk resulting from community efforts toward achieving the three CRS goals:
1. Reduce flood damage to insurable property
2. Strengthen and support the insurance aspects of the NFIP
3. Encourage a comprehensive approach to floodplain management
How the CRS works:
Participation in the Community Rating System (CRS) is voluntary. By participating, communities earn credit points that determine classifications. There are 10 CRS Classes: Class 1 requires the most credit points and provides the largest flood insurance premium reduction (45 percent), while Class 10 means the community does not participate in the CRS or has not earned the minimum required credit points, and residents receive no premium reduction. The CRS Classes are based on completion of 19 creditable activities organized into 4 categories:
1. Public Information
2. Mapping and Regulations
3. Flood Damage Reduction
4. Warning and Response
More than 1,200 communities from all 50 states participate in the Community Rating System (CRS). Roseville, CA, is the only CRS Class 1 community. More than 70 communities have a CRS Class 5 or better ranking, meaning premiums for residents in high-risk areas are reduced by at least 25 percent. Click here to view a list of FEMA CRS communities, including Class rankings and insurance premium reductions.
The Official Site of the NFIP
Contact the Building Department 727-517-3940 for more information on how to protect yourself and your property.