Community Rating System Program
The Community Rating System program (CRS) was started by FEMA in 1990 to encourage
community and state activities to exceed NFIP requirements by reducing insurance premiums
in five percent increments for flood prone properties based on the community rating and
5 percent for all properties lying outside flood zones.
The rating system classifies a community on a 1- 10 scale with Number 1 rating being the
highest. There are currently 966 CRS Communities nationwide representing 66% of all NFIP
policies.
The rating system is broken down into 18 creditable activities under four categories:
- Public Information
- Mapping and Regulations
- Flood Preparedness
- Flood Damage Reduction
Citrus County has approximately 177 repetitive loss properties. A repetitive loss property is
one identified as an insured structure that has suffered at least $1,000 in flood damages at
least twice within a rolling ten-year period beginning in 1978. One of our goals, perhaps the
most difficult to achieve will be to identify the cause of the loss, the most cost beneficial
means to remove the structure from the hazard through the most appropriate mitigation activity.
The population in the 100-year floodplain is estimated at 25,505; as of August of 1999 flood
insurance policies in the Velocity zone total 155; flood zone A accounts for 4,179 policies and
426 policies for properties lying outside of a designated flood zone (flood zones B & C). The
total number of policies is 4,888 representing a total premium of $2,316,377.00.
Effective October 1, 2001, Citrus County became a participant in the Community Rating System
program as a Class 7 Community. This provides a 15% discount on all flood insurance premiums for
improved properties located within the Special Flood Hazard Areas. Those property owners with flood
insurance in zones B and C, are eligible for a 5% premium discount. They receive a lower percentage
of premium reduction because their policies are already based on a lower rate due to being located
in an area of lesser hazard.
Updated 4/30/02
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