New Federal Emergency Management Agency rating means lower flood insurance costs for Bonita residents
Oct 27, 2011
The following article was published in the Fort Myers News-Press on October 27, 2011:
New FEMA rating means lower flood insurance costs for Bonita residents
The Department of Homeland Security and the Federal Emergency Management Agency (FEMA), has determined that the city of Bonita Springs will increase to a Class 6 in the National Flood Insurance Program Community Rating System.
That’s good news because now Bonita residents will be eligible to receive a 5 percent decrease on their flood insurance premiums.
The National Flood Insurance Program rates each city when they begin coverage and then reassesses every five years.
When Bonita Springs incorporated at the end of 1999, it was rated a 7. Residents received a 15 percent discount at that time.
With the work the city has completed — including elevating roads, installing drainage swales and clearing debris from the Imperial River and nearby creeks, residents will now see an additional 5 percent decrease on their insurance premium.
This classification will be effective for Bonita Springs for the next five years, unless a modification is submitted.