Hamilton's Flood Mitigation Efforts Saving Residents on Insurance Says National Program

HAMILTON, NJ -- Hamilton Township's floodplain management efforts have earned them high scores and, in turn, lower insurance rates for residents under the National Flood Insurance Program (NFIP)'s Community Rating System (CRS.)

Hamilton Mayor Jeff Martin announced on Wednesday that the Township maintained a Class 7 rating as a CRS community for the fifth year in a row which translates into residents saving 15 percent on annual flood insurance premiums.

These savings equal almost $350 a year because of the Township's participation in the CRS. The reported overall savings for the community continues to accumulate to over $103,000 annually, per a New Jersey Department of Environmental Protection representative.

"We are proud to continue our participation in the Community Rating System and maintain our Class 7 rating," said Martin. "This program not only helps our residents save money on flood insurance, but it also promotes responsible floodplain management and helps to reduce the risk of flood damage to our community."

The NFIP rewards communities that go above and beyond the minimum requirements and participate in the CRS. The program was established by the Federal Emergency Management Agency (FEMA) to help communities reduce flood insurance premiums and promote floodplain management.

This CRS rating reflects the Township's commitment to floodplain management and the implementation of practices that exceed the minimum requirements of the NFIP. By maintaining this rating, Hamiltonian residents are still eligible for a 15 percent reduction in their flood insurance premiums. Residents who live in areas below base flood elevation who do not have a PRP or MRP may also be able to save 5 percent on insurance premiums.

For more information about Hamilton Township's participation in the Community Rating System and how you can save on flood insurance premiums, CLICK HERE. www.hamiltonnj.com/flood.