COMMUNITY RATING SYSTEM (CRS) October 28, 2013

Transcription

1 COMMUNITY RATING SYSTEM (CRS) October 28, 2013 SUE K. HOPFENSPERGER, CFM ISO/CRS SPECIALIST ASSOCIATION OF STATE FLOODPLAIN MANAGER CERTIFIED FLOODPLAIN MANAGER Location: Fernandina Beach, FL INSURANCE SERVICES OFFICE, INC. (ISO) WORKS WITH FEMA/NFIP TO ADMINISTER THEIR CRS PROGRAM

2 Floodplains 101 EVERYONE LIVES IN A FLOODZONE! You don t have to live near a body of water or a coast or on low ground to be at risk for flooding. NATURE does not read the flood maps. Many people do not understand just how risky the floodplain can be. There is a greater than 25% chance that a home in the SFHA will be flooded during a 30-year mortgage. The chance that a major fire will occur during the same period is less than 5%.

3 NFIP Created in 1968 as a way to offset taxpayer funded disaster relief Flood insurance now available Mandatory if using a federally regulated/insured bank loan Premiums help pay for disaster relief Flood Insurance only available in communities which have adopted a FEMA-approved floodplain management ordinance

4 Mandatory Purchase of Flood Insurance If you get FEDERALLY backed funding on a home in a floodplain (SFHA), then the federal government requires you to have flood insurance on that property for the life of the loan. You are not required by the federal government to have flood insurance on a property if there is NOT a FEDERALLY BACKED loan on the home or it is NOT in the SFHA. However, your insurance company or lender may, at their discretion, require you to have flood insurance on that property as a condition of their loan or policy.

5 What Is The CRS? FEMA program administered by ISO VOLUNTARY Incentive Program (1990) A Way of Quantifying A Community s Floodplain Management Efforts Above & Beyond the Minimum NFIP standards 19 creditable community Activities Based on a 10 Class system. 500 pts. per Class 5% insurance premium discount per Class

6 Premium Discount Class Points SFHA Non-SFHA 1 4,500-4,999 45% 10% 2 4,000-4,499 40% 10% 3 3,500-3,999 35% 10% 4 3,000-3,499 30% 10% 5 2,500-2,999 25% 10% 6 2,000-2,499 20% 10% 7 1,500-1,999 15% 5% 8 1,000-1,499 10% 5% % 5%

7 CRS Statistics* - 1,249 Communities in the CRS 47% are Class 7 or better (73% for FL) - Approximately 250 Cycle Verifications done annually - Approximately New Communities brought in annually - Top States are FL, NC, CA, CO, NJ, TX, LA NFIP Communities in FL (458); Non-participating communities in FL (14) *As of May 1, 2013

8 Percent of Communities Percent of Policies Florida 20% 40% Region IV 38% 65% Region VI 11% 21% Class 8 9 Class 5 7 Class 1 4

9 CRS CLASSIFICATIONS COUNTRY-WIDE As of 5/1/2013 FL CLASS (6) CLASS (52) CLASS (77) CLASS (63) CLASS 5 71 (18) CLASS 4 6 (0) CLASS 3 1 (0) CLASS 2 3 (0) CLASS 1 1 (0) TOTAL 1249 (216)

10 CRS Classifications FLORIDA CRS Class # of Communities CRS Class 9 6 CRS Class 8 52 CRS Class 7 77 CRS Class 6 63 CRS Class 5* 18 TOTAL 216 * Class 5 Capable Ponce Inlet in Volusia County CRS Class 5 Communities 1. Anna Maria 2. Bay County 3. Cape Coral 4. Charlotte County 5. Hillsborough County 6. Juno Beach 7. Lee County 8. Manatee County 9. Miami Dade County 10. Miami Lakes 11. North Miami 12. Okaloosa County 13. Orange County 14. Palm Beach County 15. Sanibel 16. Santa Rosa County 17. Sarasota County 18. Volusia County

11 Benefits CRS COMMUNITY Total PIF Current CRS Class Total Savings SFHA PIF SFHA Total Savings AVG SFHA PREMIUM SFHA Per Policy Savings Volusia County 11,422 5 $868,069 4,598 $773,908 $551 $172 Fernandina Beach 3,649 6 $185, $153,684 $731 $172 Jacksonville/Duval 26,859 6 $1,073,315 7,542 $728,301 $515 $129 Jacksonville Beach 6,442 6 $267,389 2,201 $198,108 $360 $90 Flagler Beach 2,116 6 $163, $135,244 $548 $137 Palm Coast 4, $61, $46,987 $281 $70 Atlantic Beach 2,943 7 $53, $41,822 $582 $103 Neptune Beach 1,449 8 $14, $10,758 $872 $97 Camden County GA 1,492 8 $78,987 1,018 $77,351 $684 $76 Nassau County 7, N/A 1,628 N/A $814 N/A Flagler County 4, N/A 2,110 N/A $428 N/A AVERAGE 6 $307,475 $240,685 $579 $116

12 Additional Benefits Insurance savings offset costs Improved flood protection Better organized programs Evaluate vs. national benchmarks Technical assistance Incentive to keep implementing

13 Costs to Community Pass a CAV (approx. 2-Year Process) Designate CRS Coordinator Implement creditable activities Annual Recertification (by October 1) Maintain ECs, FISs & FIRMs forever Address the Repetitive Loss issue Maintain records for documentation

14 CRS Terminology New Application Cycle Verification Recertification Modification

15 CRS Coordinator s Manual 4 Series of Activities 300 Public Information 400 Mapping and Regulatory 500 Flood Damage Reduction 600 Flood Warning and Response

16 CRS Coordinator s Manual 300 Public Information Activities Elevation Certificates Map Information Service Outreach Projects Hazard Disclosure Flood Protection Information Flood Protection Assistance Flood Insurance Promotion Mapping and Regulations Floodplain Mapping Open Space Preservation Higher Regulatory Standards Flood Data Maintenance Stormwater Management Flood Damage Reduction Activities Floodplain Management Planning Acquisition and Relocation Flood Protection Drainage System Maintenance Warning and Response Flood Warning and Response Levees Dams 630-1

17 The CRS provides Uniform UMC certain Minimum state, Credit water management (UMC) district, or other regulatory agency laws, regulations, and standards that support floodplain management within the state and have proven effective in reducing flood damage. The following table summarizes UMC credit available to all Florida communities. It also includes possible additional credit available for selected areas or state activities. ISO/CRS Specialists and the communities need to determine which possible additional credits apply to their area. These UMCs do not necessarily apply to Tribal Nations. Miami-Dade County Non-Coastal Credit Activity Element Coastal Credit Credit Uniform Minimum Credit 340 Other Disclosure Requirements (ODR) Building Codes (BC) State-mandated Standards (SMS) Local Drainage Protection (LDP) Stormwater Management Regulations (SMR) Water Quality Regulations (WQ) Total Possible Additional Credit 410CE Coastal Erosion Mapping (MCE) DB Open Space Preservation Special Hazard CE Coastal Erosion Regulations (CER) Coastal A Zone Regulations (CAZ) 50* 0 50* 430 State-Mandated Standards (SMS) CE Coastal Erosion Data Maintenance (CEDM) Stream Dumping Regulations (SDR) Total Model Ordinance Provisions 430 Freeboard (FRB) Cumulative Substantial Improvement (CSI) Manufactured Home Park (MHP) State Dam Safety (SDS) Total

18 Help State FEMA Publications CRS Website Other CRS communities ISO/Sue Hopfensperger CRS Task Force Members ASFPM and GAFM

19 Community Rating System

20 Available: Florida State Profile Florida Quick Guide (NFIP) Florida Quick Guide (FDEM) Florida Homeowner s Handbook (Gulf of Mexico Alliance) Questions? shopfensperger@iso.com