Middletown Releases Updates To Flood Insurance Discount Program

Standard policies in Zones A or V are eligible for the complete 10 percent discount. While residents in zones B, C, X, D, AR and A99 are eligible for a five percent discount.

Since the discount on renewing flood insurance policies was first announced, there have been further clarifications as to which residential zones can take advantage of the program All standard rate policies in zones A or V are eligible for the 10 percent discount. While standard rated flood insurance policies in zones B, C, X, D, AR and A99 are entitled to a five percent discount. Preferred risk policies, which are applicable in zones B, C and X are already discounted and are not eligible for further discount. The following categories are not eligible for CRS premium discounts, according to the Federal Emergency Management Agency: This flood insurance discount is offered because of Middletown’s participation in FEMA’s Community Rating …

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