Flood Insurance Costs Drop in Cobb Thanks to NFIP Rating Upgrade

by Fulton Watch News Feed

Due to an increase in Cobb County‘s rating by the National Flood Insurance Program (NFIP), Cobb residents are eligible for a 15 percent discount for flood insurance. The discount takes effect in April.

“We are excited to announce this recognition and share an example of stormwater services currently funded by our customers’ water and sewer fees,” said Judy Jones, Director of Cobb County Water System (CCWS). “Cobb County is committed to providing quality stormwater management services and is pleased that our efforts to manage stormwater and protect and educate residents have resulted in a tangible benefit for so many local families.”

Why is flood insurance important?

With climate change exacerbating extreme weather events globally, flooding has become an increasingly common threat, rendering homes vulnerable to significant damage. 

As unpredictable weather patterns persist, homeowners face heightened risks of property destruction and financial loss due to flooding. 

Obtaining flood insurance is a crucial safeguard against such perils, providing homeowners with a layer of protection to mitigate the substantial costs of repairs and replacements in the aftermath of floods. 

Without adequate coverage, homeowners may find themselves burdened with overwhelming expenses, jeopardizing their financial stability and ability to recover effectively from the devastating impacts of flooding.

What did Cobb County do to improve its rating?

Cobb County has been active in the NFIP’s Community Rating System (CRS) program for over thirty years. In 1997, it received a rating that resulted in a 10 percent discount for residents.

Now, according to a news release posted on the county’s website:

Cobb County’s rating improved recently after officials with NFIP assessed the Water System’s floodplain management activities. 

This included acquiring land susceptible to flooding, widening stream buffers, creating dam breach zone…

Read the full article here

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