Slash Flood Costs Secrets Hidden in NFIP Insurance

Real-World Examples and Savings

A practical example of cost savings through NFIP can be seen in the case of a homeowner in a high-risk flood zone who decided to elevate their property. By raising their home two feet above the BFE, they were able to reduce their annual premium from $2,500 to just $500³.

Additionally, communities that actively participate in the CRS program often see substantial savings for their residents. For instance, a city that achieves a CRS Class 5 rating can offer its residents a 25% discount on their flood insurance premiums, translating to hundreds of dollars in savings each year¹.