SAN ANTONIO (June 6, 2022) – City Manager Erik Walsh announced that the City of San Antonio has been accepted into FEMA’s Community Rating System. This program will allow floodplain residents to receive a 20% discount on their flood insurance and those outside the floodplain to receive a 10% discount on their insurance from October 1, 2022. Councilor Ana Sandoval released the following statement:
“This announcement from FEMA is a recognition that the City is moving in the right direction when it comes to protecting our residents and their property from life safety flood hazards,” the councilman said. “While there is still a lot of work to do, today’s announcement is a step in the right direction. It’s also a real way for our city to save homeowners money on home maintenance. » The Community Rating System is a voluntary incentive program that recognizes and encourages community floodplain management practices that exceed the minimum requirements of the National Flood Insurance Program (NFIP). Over 1,500 communities participate nationwide.
In CRS communities, flood insurance premium rates are reduced to reflect the reduction in flood risk resulting from community efforts that meet the three program objectives: (1) reduce and avoid damage from flood coverage to insurable property, (2) strengthen and sustain the insurance aspects of the National Flood Insurance Program, and (3) foster comprehensive floodplain management.
More information can be found at https://www.fema.gov/floodplain-management/community-rating-system.