CORTE MADERA EARNS 20% FLOOD INSURANCE DISCOUNT
[https://www.fema.gov/press-release/20220621/corte-madera-earns-20-flood-insurance-discount]


Release Date: 
June 21, 2022 

OAKLAND, CALIF. – Residents and businesses in Corte Madera will now
be eligible for an additional five percent discount—up from 15 to 20
percent—on their flood insurance premiums thanks to local mitigation
efforts.

The town’s new Community Rating System (CRS) Class 6 level,
administered by the Federal Emergency Management Agency (FEMA),
rewards policyholders with 20 percent discounts on residential and
nonresidential structures in identified flood zones.

After April 1, current and new policyholders will save about $270 on
their annual flood insurance premiums, about $80 more than Class 7
discounts. With over 428 policies in Corte Madera, $113,788 per year
will now be saved by the community.

Activities that help communities raise their CRS standing include
public outreach programs, higher mapping and regulation standards, and
flood mitigation initiatives that help save lives and protect property
from flooding.

NFIP policies are available through private insurance companies and
agents, with a 30-day waiting period before coverage goes into effect.

Visit floodsmart.gov [http://www.floodsmart.gov/] for information
about floods, flood insurance and your own flood risk.

                                                                                               
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