FEMA Flood Insurance Programs
flooded street with houses
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XX Ways to Qualify for Flood Insurance Discounts

FEMA's Rate Relief Programs   

In anticipation of increasing flood insurance rates, FEMA identifies several options that may directly or indirectly result in flood insurance discounts to policyholders.


NFIP Community Rating System
The NFIP Community Rating System (CRS) offers insurance premium discounts (up to 45 percent) for individuals in communities implementing floodplain management practices that exceed the minimum requirements of the NFIP.  By implementing CRS floodplain management best practices, flood losses are reduced, public safety is enhanced, and of the cost of flood insurance is decreased.


FEMA's Hazard Mitigation Assistance (HMA) Program
FEMA's Hazard Mitigation Assistance (HMA) grant programs provide funding for eligible mitigation activities, including elevating properties, that reduce disaster losses and protect life and property from future disaster damages.


Elevation Certificates
An Elevation Certificate is an important tool that documents your building's elevation.  This fact sheet provides valuable information for homeowners including guidance for obtaining an Elevation Certificate, which is necessary for determining full-risk rates in high-risk zones.  It may also show that you may be paying too much for flood insurance.


Raise the Deductible
As with any other insurance policy, you can always raise the deductible.