Tamarac saves residents money with Flood Plain Rating
Once again, the City of Tamarac has maintained a Class 7 rating under the National Flood Insurance Program’s (NFIP) Community Rating System. The Class 7 rating provides a 15% discount on the City’s residents’ and business’ flood insurance premiums. This rating results in over $675,000 in savings per year to residents’ flood insurance policies in Tamarac.
By participating in the Community Rating System, the City of Tamarac maximizes the benefit of the National Flood Insurance Program and reduces the risk of flooding in our community. Tamarac also benefits from the Community Rating System because of the reduced flood insurance premiums that residents and businesses receive.
City of Tamarac employees from Public Works, Community Development and the Building Department work closely with representatives of the Insurance Services Office to assess and update current flood plan management practices. City staff continually identify areas of potential improvement for Tamarac’s flood plain management activities to maximize participation and credit through the Community Rating System.
Tamarac has taken further steps to reduce incidents of flooding and property damage by adopting the Broward County Local Mitigation Strategy. By doing so, Tamarac has completed most of the goals and objectives relevant to support the flood hazard mitigation efforts of the City. In addition Tamarac has come up with new set of goals and objectives as shown in our Annual Progress Report presented to the City Commission on July 12, 2010.
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