Residents to Receive Up To 25% Discount on Flood Insurance
Daytona Beach property owners and renters who carry flood insurance coverage will see a reduction in policy premiums as a result of the efforts led by the city to reduce the risk of local flooding. The city earned a Class 5 classification in the National Flood Insurance Program’s Community Rating System (CRS), up one spot from its previous rating. This classification leads to a 25% discount on flood insurance premiums for most National Flood Insurance Program (NFIP) policies issued or renewed on or after October 1, 2024.
The City of Daytona Beach voluntarily participates in the CRS, an incentive program to recognize communities for implementing floodplain management practices that exceed the federal minimum requirements of the NFIP to provide protection from flooding.