RATING SYSTEM (CRS)
COUNTY EARNS CRS 4 RATING
- Residents Pay Less for Flood Insurance -
Skagit County Improves
Community Rating System Saving Rural Residents $811,492 In Flood Insurance
SKAGIT COUNTY Skagit County residents will save $811,492 for 2009
in reduced National Flood Insurance premiums thanks to an improve rating
awarded by the National Flood Insurance Rating System (CRS). Skagit Countys
rating system was recently improved from class five to class four, qualifying
ratepayers for a 30 percent discount compared to the 25 percent discount
they previously qualified for. .
We cant stop the rain, but we can help protect our citizens
from the worse effects of flooding, and thats what CRS is all about,
said Skagit County CRS Coordinator Delores McLeod.
The Community Rating System awards communities that voluntarily take steps
beyond the minimum requirements of the National Flood Insurance Program
to reduce flood risks and increase the effectiveness of flood insurance
protection. Skagit Countys volunteer actions include flood preparedness,
flood damage reduction, mapping and regulations, and public awareness.
There are 2,883 flood insurance policies in unincorporated Skagit County
with total insurance in force of $550,624,200. The average policy is approximately
$600 annually. The new Class 4 rating saves the average policy holder
$281 annually for a total savings of $811,492.