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By Outer Banks Voice on December 24, 2021
Dare County has received official notice from the Federal Emergency Management Agency (FEMA) that its Community Rating System (CRS) ranking and associated flood insurance discounts will improve effective April 1, 2022.
All property owners in unincorporated Dare County with flood insurance coverage will be awarded this 20 percent discount on policies that are issued or renewed on or after April 1, 2022.
The CRS is a voluntary program of the National Flood Insurance Program (NFIP) that recognizes local government outreach activities and floodplain management standards that exceed the minimum requirements of the NFIP.
Dare County was previously rated as a Class 7 but will now move to a Class 6 due to the county’s extensive and ongoing efforts to promote flood hazard awareness and to implement a wide array of floodplain management and mitigation activities throughout the Outer Banks community.
Dare County is one of more than 1,500 communities nationwide that participate in the CRS program and has participated since its implementation in 1992. In CRS communities, flood insurance premium rates are discounted to reflect the reduced flood risk resulting from the community’s efforts that address the three goals of the program:
The Dare County Planning Department oversees the county’s participation in the CRS program and administers annual outreach activities to property owners and stakeholders and also enforces Dare County’s floodplain regulations.
For additional information about Dare County’s participation in the CRS program and other helpful flood mitigation information, visit DareNC.com/Flood or contact the Dare County Planning Department at 252-475-5873.
Comments
surf123
Don’t get too excited as they are revamping the entire flood insurance program. Expect substantial increases as it is going to reflect the actual risk. I am bracing for a significant increase.
Mark Jurkowitz | Outer Banks Voice
Surf, you’re right. Here’s the previous story we wrote about that. https://www.outerbanksvoice.com/2021/10/18/i-think-we-are-going-to-see-increases-here/
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