Berkeley Township residents who have flood insurance will soon see a bigger discount on their premiums, Mayor Carmen F. Amato Jr. said.
The Federal Emergency Management Agency notified township officials that Berkeley residents will get a 20 percent discount rather than the 15 percent discount they had been paying, Amato said at the Jan. 14 Township Council meeting.
Berkeley is a participating municipality in the National Flood Insurance Program's Community Rating System
The CRS is a voluntary incentive program that recognizes and encourages
community floodplain management activities that exceed the minimum NFIP
requirements, according to FEMA's website.
When a municipality reduces flood risk by meeting the three goals of the CRS, flood insurance premium rates are discounted.
The goals include:
- Reduce flood damage to insurable property;
- Strengthen and support the insurance aspects of the NFIP
- Encourage a comprehensive approach to floodplain management.
"That's an added five percent for our homeowners," Amato said. "Even though we haven't always agree with FEMA, we do agree with this."
Both Amato and Township Administrator Christopher Reid credited township Flood Mitigation Officer Rejean LaLiberte with helping to achieve the new rating.
"He puts in countless hours," Reid said. "He works overtime, doesn't ask for any raises. I personally want to thank Ray. I think he did a fantastic job."