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Resource Information

Agency:

Federal Emergency Management Agency

Resource:

(FEMA) National Flood Insurance Program (NFIP) Community Rating System (CRS)

Overview:

As a part of the National Flood Insurance Program (NFIP), the Community Rating System is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum program requirements. As a result, flood insurance premium rates are discounted to reflect the reduced flood risk resulting from the community actions meeting the three goals of the Community Rating System: 1. Reduce flood damage to insurable property 2. Strengthen and support the insurance aspects of the National Flood Insurance Program 3. Encourage a comprehensive approach to floodplain management

Funding Information:

  • FEMA provides flood insurance policy premium discounts for floodplain management measures implemented by communities that reduce flood risk and exceed Federal minimum NFIP requirements

Resource Website(s):

http://www.fema.gov/national-flood-insurance-program-community-rating-system

Keywords:

Local Government, Tribal, Preparing for Flood Response, Technical Assistance, Data & Tools

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