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04/09/2007 Council Packet
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04/09/2007 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
04/09/2007
Council Meeting Type
Regular
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su����V <br />An official site of the National Flood Insurance Program <br />Rates Effective May 1, 2006 <br />HIGH RISK PRED8|U88 TABLE: RESIDENTIAL. Premiums for ZONES A. AE, Al-30' AO, AH(PreRRM) <br />These premiums are based on a single family, oneUoor, no baxommrt building with a standard $500 deductible.' <br />Your premium may be even lower if your community participates in the Community Rating System (CRS),* <br />Coverage <br />$ 35,000/10,000 <br />50.000/15.000 <br />75.000/20,000 <br />100.000/30'000 <br />125.000k40,000 <br />150.000/50.000 <br />250,000/100'000 <br />Annual <br />• Premium' <br />$ 503 <br />681 <br />844 <br />1,033 <br />1,223 <br />1,412 <br />2,233 <br />Coverage <br />---------- <br />S 35,000 <br />5O.O0O <br />75,000 <br />100,000 <br />125,000 <br />150,000 <br />250,000 <br />Annual <br />$ 398 <br />523 <br />633 <br />796 <br />906 <br />1,016 <br />1,441 <br />Coverage <br />$ 10,000 <br />15,000 <br />20,000 <br />30,000 <br />40,000 <br />50,000 <br />100,000 <br />Annual <br />Premium' <br />$ 140 <br />196 <br />251 <br />334 <br />416 <br />499 <br />913 <br />irciudes a Federal PoIicy Fee of 530 and |CCPrennum <br />2 nciudes a Federal Policy Fee of 530 oniy. <br />sHigher deductible Iimits are available, up to 55,000 for single-family properties. <br />^TheCommunityRaUng8ysbom(CRS)ivavo|untoryincendvopnogromdlotmcognizesondencoura8escommunh3 <br />floodpimn management activities that exceed the minimum NFIP requirements, As a result, flood insurance <br />premium rates are discounted to reflect .the reduced flood risk resulting from the community actions. To learn <br />more about: CRS and •k/ see if your community participates, go to FEMA's CRS Web poge, at http://www.hemu. <br />goo/busineos/hfiV/to.shtm. <br />Note: Replacement Cost Coverage is available for single-family dweUings that are primary residences. They must be <br />insured to the maximum amount of insurance available under the program or no less than 80% of the replacement <br />cost at the time of loss. Please refer to the policy or manual for further explanation and requirements. <br />
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