Press "Enter" to skip to content

Gloucester residents eligible for flood insurance discount

Gloucester County staff and elected officials have taken steps that will allow each policyholder with the Federal Emergency Management Association’s National Flood Insurance Program to be eligible for a 15 percent discount on annual premiums.

This is because the county significantly enhanced its participation in the Community Rating System (CRS), a rating achieved by only three other Virginia communities, according to Paul Koll, Gloucester’s Building Official/CRS Coordinator.

The 15 percent discount, he said, will result in an average savings of $72 on each policyholder’s annual premium. Overall, he said the county’s CRS accomplishment results in a total annual savings of $119,675 for NFIP policyholders in Gloucester.

According to Koll, several steps were taken to achieve the rating. First, he said in order to attain a CRS Class 7 or better classification, a community must have and maintain a building inspections department building code effectiveness gr...

To view the rest of this article, you must log in. If you do not have an account with us, please subscribe here.