National Flood Insurance Program Ensures Lower Rates for Homeowners

 

For immediate release:

October 1, 2009

 

Contact:                                                                                                                                              

Kerjon Lee
Public Affairs Manager
Los Angeles County Flood Control District
T (626) 458-4348
M (626) 476-0533

County’s Participation in National Flood Insurance Program Ensures Lower Rates for Homeowners

 

LOS ANGELES—To enable residents of County unincorporated communities to purchase flood insurance at reduced rates, the County of Los Angeles Department of Public Works is continuing its participation in the FEMA administered Community Rating System of the National Flood Insurance Program.

To maintain eligibility in this program, local agencies, such as the County, are required to prepare an annual progress report detailing the efforts undertaken to eliminate or reduce the flooding of repetitive loss properties.  Repetitive loss properties are defined as having two or more flood insurance claims of more than $1,000 each for flood damage within any 10-year period.

FEMA has identified 50 repetitive loss properties in County unincorporated areas—totaling $2.2 million in damages.  Most of these properties are located in the Malibou Lake and Santa Monica Mountains regions of the County.

Nationwide, repetitive loss properties account for nearly 33 percent of flood insurance claims, but only account for one percent of policies.

A copy of this progress report may be obtained by visiting the County of Los Angeles Department of Public Works, Watershed Management Division, 11th Floor, 900 South Fremont Avenue, Alhambra, 91803 or by calling (626) 458-4321.

 

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