Did you know that the Board of County Commissioners are voluntary participants in FEMA's Community Rating System (CRS) program? CRS is an incentive program that recognizes and encourages community floodplain management practices that exceed the minimum requirements of the National Flood Insurance Program (NFIP). Nassau County joined the program in May 2017 and since that time has worked hard to improve its rating to allow for a reduction in flood insurance premiums for property owners within the unincorporated areas of the County.
Flood insurance premiums are set nationally based on the age of structure, building materials and level of risk. However, communities that volunteer to adopt and enforce stricter ordinances, known as “Higher Standards,” to reduce flood risk can enroll in the CRS Program to earn insurance premium discounts for their residents.
In order to maintain and/or improve CRS Ratings, the County earns “credits” for its efforts in providing information to the public, maintaining current flood maps, improving flood regulations to reduce the possibility of flood damage, and ensuring flood preparedness. Based on total credits earned, communities are assigned a CRS Classification which determines the percentage of discounts given to property owners.
Thanks to our floodplain experts in the County's Building and Development Services Departments, the County recently increased its rating from a Class 8 to a Class 7 CRS Rating. This rating allows property owners in the unincorporated area to benefit from a 15% premium reduction on flood insurance policies with an overall cost savings of $232,000. The Board is excited about this progress and will continue to work hard so that residents can benefit from future savings as well.
For information on the CRS Program, visit FEMA’s website at: https://www.fema.gov/floodplain-management/community-rating-system.