Unincorporated Residents Eligible for a Discount on Flood Insurance Premiums
Fourth Year in a Row |
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Lake County is pleased to announce that, for the fourth year in a row, property owners in unincorporated Lake County may be eligible to save an average of $145 a year on their flood insurance policies.
Since 2008, thanks to the leadership of the County Board, Lake County has participated in the Federal Emergency Management Agency's (FEMA) Community Rating System (CRS) program. Based on Lake County's rating, residents who meet certain requirements are eligible for savings on flood insurance premiums. Residents should contact their flood insurance agent for individual savings information.
In order to maintain its favorable rating, Lake County prepared an Annual Evaluation Report for the County-Wide All Natural Hazards Mitigation Plan.
Highlights from the report include:
· Lake County approved ten projects to remove structures from the floodplain
· Lake County Stormwater Management Commission received funds to purchase two repetitively flooded properties in unincorporated Lake County
· Lake County contributed to eight projects to improve capacity of existing drainage systems through the Drainage Improvement Fund
Read Full Report
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PROGRAM SNAPSHOT
- Over 940 flood insurance policies in unincorporated Lake County
- $870,000 total annual premiums without CRS participation
- $135,000 total annual savings for residents
- 0%, 5%, or 15% savings, depending upon flood risk
This discount only applies to unincorporated areas of Lake County. Residents should contact their local flood insurance provider for individual savings information. |
 Would you like to learn more about Lake County's Coordinated Flood Response?
Lake County has an abundance of water bodies and while these are tremendous resources, they also can present a threat when significant rain causes flooding. In 2008, some Lake County communities along the Fox River and Chain O'Lakes were declared disaster areas after flood waters damaged more than 400 structures. During a flood, and any emergency, Lake County departments work together to provide resources and deliver services to meet the needs of residents. Learn more in this video. |
