Monday, July 28, 2008

Are You Entitled to Discounted Flood Insurance?

Marco Island has been verified as a Class 6 in the National Flood Insurance Program’s (NFIP) Community Rating System (CRS). This means that NFIP policies issued or renewed for properties in Special Flood Hazard Areas beginning October 1, 2005 are entitled to a 20% premium discount. To verify if your property is eligible for this refund, please follow these steps:

  1. Go to http://gis.colliergov.net/website/femaflood/ and enter your address. At the bottom of the display you will see a NGVD number (EXAMPLE:Base Flood Elevation NGVD: 9.3). If your home’s elevation is equal to or higher than this number you may be eligible for the discount. Review your home’s survey or FEMA Elevation Certificate to ascertain the base flood elevation. You may find a Elevation Certificate in the bottom left corner of the Collier County FEMA Map Viewer for your address.
  2. Review your Declaration page on your flood insurance policy to see your CRS Discount, or contact your insurance agent.
  3. Contact Bob Devlin, Marco Island Flood Plan Coordination at 389-5000 to receive a letter to give to your Insurance provider. If you have any questions you can contact Bob for clarification. This information sheet is also available under Standard Forms

Good Luck.

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