VENTURA, Calif. — The County of Ventura has been awarded a Class 5 rating under the Community Rating System by the Federal Emergency Management Agency. The rating will reduce flood insurance rates in unincorporated areas of the county.
Starting May 1, 2016, owners of properties located within a floodplain in unincorporated areas of Ventura County who purchase a new flood insurance policy, or renew their existing policy, will be able to receive a 25 percent discount on their premiums each year. For an individual policy holder, this translates to an average premium savings of $448 per year and an estimated total premium savings of $314,104 yearly countywide.
Since 2011, the County of Ventura has been a Class 6 CRS community and residents in the unincorporated areas have been receiving up to a 20 percent premium savings each year. Through ongoing process improvements and the undertaking of additional flood protection and community awareness efforts, the County was successful at upgrading its CRS Program to a Class 5 rating. This is an important achievement for the County as there are only five other communities in California with this distinction, including the City of Sacramento, and 102 communities across the United States.
This Class 5 recognition demonstrates the County’s ongoing commitment to implementing a sound and comprehensive floodplain management program that exceeds the minimum FEMA requirements for flood warning notifications, storm water management practices, channel maintenance, reducing the risk of flood damage to development within the floodplain, environmental protection of wildlife and habitat within the floodplain, and public outreach on flood awareness and preparedness and the importance of purchasing flood insurance.
For more information on the Community Rating System and the County of Ventura’s floodplain management activities, please visit www.vcfloodinfo.com