Ocean City to be recognized for reduced flood risk Wednesday

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City’s flood insurance discount up to 20 percent

As reported in May, Ocean City homeowners will receive a 20-percent discount on their flood insurance premiums. On Wednesday, Dec. 18, Ocean City will be one of several shore communities recognized for its actions to reduce flood risk at an awards ceremony in Sea Isle City.

City administrator Mike Dattilo announced Thursday, May 30 at a City Council meeting that the city received verbal notification from the National Flood Insurance Program Community Rating System that the city achieved a level 6 discount, or 20 percent, down from level 7, a 15 percent discount for homeowners on flood insurance premiums.

In total, 17 New Jersey municipalities are being recognized this week for this achievement. On Tuesday at the Long Beach Township Courtroom, the Federal Emergency Management Agency honored Bay Head, Beach Haven, Berkeley Township, Hazlet, Lavallette, Long Beach Township, Mantoloking, Middletown Township and Stafford Township. Wednesday’s ceremony at 12:30 p.m. at Sea Isle City Elementary School will honor Avalon, Cape May, Cape May Point, Longport, Margate, Ocean City, Sea Isle City and Upper Township.

The Community Rating System is a program administered by FEMA that provides lower insurance premiums under the National Flood Insurance Program. Communities can apply to participate in the CRS, and residents of participating communities pay lower premium reduction rates based on the implementation of floodplain management policies.

Communities earn points toward their rating based on 18 creditable activities in four categories: public information, mapping and regulations, flood damage reduction and flood preparedness.

For towns participating in the CRS, flood insurance premium rates are discounted in 5 percent increments. Premium reductions are in the form of CRS classes, similar to the classifications used for fire insurance. A Class 1 community (the highest level of compliance) would receive a 45-percent premium reduction.

Ten New Jersey municipalities (Sea Isle City, Avalon, Beach Haven, Bedminster, Brigantine, Long Beach Township, Longport, Mantoloking, Pompton Lakes and Stafford Township) are Class 5, the highest level currently in the state. The 61 communities in the program have saved a total of $17 million.

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