Okaloosa homeowners can expect lower flood insurance rates

Okaloosa County will maintain its Community Rating System score of 5, ensuring an approximate 25 percent reduction of flood insurance rates for citizens.

The 2015 Annual Report is posted at www.okaloosafl.com, according to the requirements of Federal Emergency Management Agency National Flood Insurance Program.

For all reports, follow this link: http://www.co.okaloosa.fl.us/gm/home

“The CRS rating is a result of the combined efforts of the hard-working employees in our Growth Management, Public Safety and Public Works departments each year,” stated Commission Chairman Nathan Boyles. 

In 2011, Okaloosa County and its municipalities adopted a Local Mitigation Strategy.

In 1968, Congress created the National Flood Insurance Program to provide affordable flood insurance to people who live in areas with the greatest risk of flooding called Special Flood Hazard Areas.

Okaloosa County joined the NFIP on July 1, 1977. Residents receive a letter each year encouraging residents to review their flood risk.

This article originally appeared on Crestview News Bulletin: Okaloosa homeowners can expect lower flood insurance rates