Middletown Homeowners Can Save 10% On Flood Insurance
Middletown homeowners are eligible for a 10% discount on new or existing flood insurance policies.
Middletown homeowners interested in purchasing or renewing flood insurance policies are eligible for a 10 percent discount on their policies because of Middletown’s participation in FEMA’s Community Rating System. “This rating equates to a 10 percent premium discount for renewals and new flood insurance policies applied for after May 1, 2012,” Mayor Anthony P. Fiore said. “I encourage homeowners to remind their insurance agents about the discount when it comes time to renew their policies.” The discount will be effective immediately, Fiore said. FEMA’s Community Rating System (CRS) provides discounts for flood insurance premiums within and outside the Special Flood Hazard Area (SFHA,) commonly known as the 100-year floodplain. The …
Ammie
11:42 am on Thursday, July 19, 2012
I just checked with Liberty Mutual and if your policy is already considered a Preferred Risk Policy, as mine is, you are exempt from the 10% discount. I am told the information can be found in their Community Rating System pdf - www.fema.gov/pdf/nfip/manual201205/content/19_crs.pdf more ›