Village NFIP Community Rating System review

​The National Flood Insurance Program’s (NFIP) Community Rating System
(CRS) is a voluntary incentive program that recognizes and encourages
community floodplain management activities that exceed the minimum NFIP
requirements. As a result flood insurance premium rates are discounted
to reflect the reduced flood risk resulting from the communities’
actions. Each community is assigned a rating based off credit points
earned in 18 creditable activities. This rating determines the
percentage of discount the community would receive based on 5%
increments. A Class 1 community, the highest class, would receive a 45%
discount while a Class 9 community would receive a %5 discount. The
Village of Wheeling is currently a Class 7 community receiving a 15%
discount on flood insurance for its residents. The village has a review
set for spring 2011 and is looking to solidify its Class 7 rating and
possibly move into up into a Class 6.

The Village of Wheeling’s Engineering Department and GIS Specialist
are currently working on ways to improve the village’s class rating by
going through the 18 different activities and completing projects that
the village did not receive full, or sometimes any, points during its
last review. Some of the current projects include calculating flood
plain and open space acreage, creating elevation benchmarks, determining
impervious surface area, and creating an online flood plain map
accessible to village residents. Before the village acquired a GIS
program, many of these projects would have been too time consuming or
not even possible to do. By using GIS, the village hopes to gain a
significant amount of credit points that will translate into the
residents seeing a reduction in their flood insurance rates and
therefore paying less money.

Village NFIP Community Rating System review

​The National Flood Insurance Program’s (NFIP) Community Rating System
(CRS) is a voluntary incentive program that recognizes and encourages
community floodplain management activities that exceed the minimum NFIP
requirements. As a result flood insurance premium rates are discounted
to reflect the reduced flood risk resulting from the communities’
actions. Each community is assigned a rating based off credit points
earned in 18 creditable activities. This rating determines the
percentage of discount the community would receive based on 5%
increments. A Class 1 community, the highest class, would receive a 45%
discount while a Class 9 community would receive a %5 discount. The
Village of Wheeling is currently a Class 7 community receiving a 15%
discount on flood insurance for its residents. The village has a review
set for spring 2011 and is looking to solidify its Class 7 rating and
possibly move into up into a Class 6.

The Village of Wheeling’s Engineering Department and GIS Specialist
are currently working on ways to improve the village’s class rating by
going through the 18 different activities and completing projects that
the village did not receive full, or sometimes any, points during its
last review. Some of the current projects include calculating flood
plain and open space acreage, creating elevation benchmarks, determining
impervious surface area, and creating an online flood plain map
accessible to village residents. Before the village acquired a GIS
program, many of these projects would have been too time consuming or
not even possible to do. By using GIS, the village hopes to gain a
significant amount of credit points that will translate into the
residents seeing a reduction in their flood insurance rates and
therefore paying less money.