Flood insurance premiums lower in College Station
By Donnie Willis, Environmental Engineer/Drainage Inspector
In July, the Texas Water Development Board evaluated the City of College Station’s floodplain management ordinances and enforcement practices to determine their effectiveness in meeting National Flood Insurance Program (NFIP) regulations.
The report found that College Station is one of the few communities with no issues.
In 1968, Congress created NFIP to help provide flood insurance to homeowners, renters, and business owners. Participating communities agree to adopt and enforce ordinances that meet or exceed Federal Emergency Management Agency (FEMA) requirements to reduce the risk of flooding.
The program rates the City of College Station as a Class-7 Community, which results in lower flood insurance premiums. Our flood insurance rates are reduced 15 percent for structures in Special Flood Hazard Areas and 5 percent in 500-year areas. Preferred Risk Policies are already at reduced rates and don’t have additional premium reductions.
Flood insurance basics
Anywhere it rains, it can flood. And it only takes a few inches of water to cause major home damage. Since standard homeowner’s insurance doesn’t cover flooding, it’s important to know your flood insurance options.
Many people are under the misconception that they are ineligible for flood insurance because of where they live, or their mortgage status. But the truth is, most can get flood insurance if they live in or outside a floodplain, their property has flooded before, and even if their mortgage broker doesn’t require it.
The law requires flood insurance for property owners in high-risk areas, or Special Flood Hazard Areas, with a federally-backed mortgage. Also, if you’ve received a federal grant or loan for previous flood losses, you must have a flood policy to qualify for future aid.
Donnie Willis is in his 12th year as the City of College Station’s environmental engineer and drainage inspector. After 23 years in the U.S. Army, he served as the safety and environmental compliance manager at Trajen, Inc., from 2000-04. A native of Evans, La., Willis earned a bachelor’s degree in aeronautics from Embry-Riddle Aeronautical University in 1987 and an associate of science degree in occupational safety and health for Texas State Technical College in 1995.
Photo Credit: lightwise / 123RF Stock Photo
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