City Of Green Bay Improves Flood Rating, Lowering Costs For Insured

From the City of Green Bay:

May 21, 2020

The National Flood Insurance Program Community Rating System (CRS) has upgraded its rating for the City of Green Bay from a Class 7 to a Class 6. The upgrade means that homeowners will receive a 20% premium discount, instead of a 15% premium discount.

The National Flood Insurance Program offers reasonably-priced insurance to property owners in communities that comply with minimum standards for floodplain management. The CRS is a measurement of how well a community complied with those minimum standards. A community’s rating translates into direct savings for homeowners who take out flood insurance through this program.

The City is pleased to see that its previous efforts have paid dividends; all departments continue to take steps towards both short-term mitigation measures and long-term planning solutions to become more resilient to future flooding events.

For more information, contact Paul Neumeyer, Zoning Administrator at paulne@greenbaywi.gov or 920-448-3405.

This press release was produced by the City of Green Bay. The views expressed here are the author’s own.