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crs-overview

 

What is the Community Rating System (CRS)?

The Community Rating System (CRS)  is a voluntary program that rewards counties and cities that participate in the National Flood Insurance Program National Flood Insurance Program (NFIP) who wish to exceed the minimum requirements of the NFIP by further reducing the risk of flooding and  increasing the effectiveness of flood protection throughout their community. The objective is to create more resilient communities to impending flooding disasters. The CRS was implemented in 1990 and is administered by the Federal Emergency Management Agency (FEMA).  The National Flood Insurance Reform Act of 1994 codified the CRS in the NFIP.

The goals of the CRS are to:

  • Reduce and avoid flood damage to insurable property.
  • Strengthen and support the insurance aspects of the NFIP.
  • Foster comprehensive flood plan management. 

The CRS was established as an incentive and a reward to NFIP communities to further reduce flood damages to insurable properties, strengthen and support the insurance aspects of the NFIP, increase community awareness of the flood risks and building requirements associated with living in a floodplain, and encourage a more comprehensive and environmental approach to floodplain management. To date, approximately 1,296 out of 21,600 NFIP communities from across the Nation participate in the CRS.

The CRS has been developed to provide financial incentives in the form of flood insurance policy discounts for communities to go beyond the minimum floodplain protection requirements to develop extra measures to provide protection from flooding. Discounts are determined based on the level of reduced flood risk resulting from the community’s ability to meet the three goals of the CRS: (1) reduce flood losses; (2) facilitate accurate insurance rating; and (3) promote the awareness of flood insurance.

There are 19 programs or “activities” in the CRS that are intended to reduce or eliminate exposure to floods. Activities range in complexity from distribution of public outreach brochures to purchasing floodplain properties for environmental protection and restoration. These activities are organized under four main categories:

Public Information (Series 300)

Credit for programs that advise people about flood hazards, flood insurance, and ways to reduce flood damage. Some programs may include setting up a flood protection library, which maintains references on flood insurance and protection, as well as outreach projects.

Mapping and Regulations (Series 400)

Credit for programs that provide increased protection to new development. Some programs falling under this series include preserving open space and managing stormwater.

Flood Damage Reduction (Series 500)

Credit for programs for areas where existing development is at risk. Programs falling under this series include relocating or retrofitting flood prone structures and maintaining drainage systems.

Warning and Response (Series 600)

Credit for flood warning, levee safety, and dam safety programs. Some programs which fall under this series include setting up flood warning systems and flood response plan.

 

What are the Benefits of being a Community Rating System Community?

  • The money saved through reduced flood insurance premiums stays within our community and thus helping our local economy.
  • Every time residents in the unincorporated Ventura County pay their insurance premiums, they are reminded that the County is working to reduce the cost of flood insurance and protect them from flood losses; even during drier years.
  • The activities credited by the CRS provide direct benefits to the community, including enhanced public safety, reduction in damage to property and public infrastructure, reduction of human suffering, and protection to the environment.·
  • The public outreach activities will build a more knowledgeable constituency interested in supporting and improving flood protection measures, and the protection of natural floodplains.
  • CRS activities improve flood protection and mitigation coordination between County and other community organizations

The CRS increases public awareness of the importance of having flood insurance as well as helps facilitate more accurate insurance rating for the benefit of policy holders.

How Could You Benefit?

Community participation in any of the 19 flood loss reduction programs earns CRS points. Based on the number of points earned, the community will be given a CRS Class rating between 1 and 10. All communities start out with a Class 10 rating (which provides no policy premium discount). A Class 1 rating requires the most credit points (4,500 points) and gives the greatest premium discount (up to 45%). Visit www.floodsmart.gov for more information on flood insurance. The CRS Class rating is as follows:

CRS Class Rating

Policy Premium Discount for Properties Within a Floodplain

Policy Premium Discount for Properties Located Outside of a Floodplain

CRS Credit Points Required

10

0%

0%

0

9

5%

5%

500

8

10%

5%

1000

7

15%

5%

1500

6

20%

10%

2000

5

25%

10%

2500

4

30%

10%

3000

3

35%

10%

3500

2

40%

10%

4000

1

45%

10%

4500

  Source: FEMA, The National Flood Insurance Program’s Community Rating System

 

As illustrated in the table above, for properties located within a floodplain, policy holders may qualify for anywhere between a 5% and 45% discount depending on the CRS rating. For properties located outside of the floodplain, policy holders may qualify for a discount of 5% for Class ratings of 7 to 9; and 10% for Class ratings of 1 to 6. Residents who have purchased a “Preferred Risk Policy” are not entitled to receive a discount since the premium has already been discounted. Check with your insurance representative if you are unsure if you have a Preferred Risk Policy. 

Currently, the unincorporated Ventura County has a CRS Class rating of 6 which provides owners of properties in floodplains in the unincorporated areas with an annual 20% insurance premium discount. Flood insureds of properties not in the floodplain are entitled to a 10% annual discount.

For more information about Ventura County's (Unincorporated) CRS Program, click here.

CRS Class Rating

Policy Premium Discount for Properties Within a Floodplain

Policy Premium Discount for Properties Located Outside of a Floodplain

CRS Credit Points Required

10

0%

0%

0

9

5%

5%

500

8

10%

5%

1000

7

15%

5%

1500

6

20%

10%

2000

5

25%

10%

2500

4

30%

10%

3000

3

35%

10%

3500

2

40%

10%

4000

1

45%

10%

4500

       Source: Federal Emergency Management Agency, The National Flood Insurance Program’s Community Rating System

800 S Victoria, Ventura, C.A. 93003
Ventura County Watershed Protection District
Watershed Protection: (805) 654-2001