The City of Las Cruces participates in the National Flood Insurance Program’s (NFIP) Community Rating System (CRS). The CRS is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements. As a result, flood insurance premiums rates are discounted to reflect the reduced flood risks resulting from the community actions meeting the three goals of the CRS:
- Reduce flood damage to insurable property;
- Strengthen and support the insurance aspects of the NFIP, and
- Encourage a comprehensive approach to floodplain management.
Participating communities start off as a Class 10 Community in the NFIP’s Community Rating System (CRS) Program and try (through regulating development, drainage maintenance, storm water management and various outreach projects) to work their way to a Class 1 Community. Every time a community moves a class (i.e. from a 10 to a 9, from a 9 to an 8, etc…) the residents with NFIP Flood Insurance Policies get a 5% reduction in their premiums. As of October 1, 2008 the City of Las Cruces is a Class 6 Community which gives a 20% discount for those with a High Risk Policy and a 10% for those with a Moderate Risk Policy. The reduction should be automatic but you may want to contact your insurance agent to make sure your policy has been adjusted to reflect the NFIP/CRS discount. Based on the Class 6 rating, this past year, City of Las Cruces—NFIP policy holders saved a combined $180,000. The City of Las Cruces honors the State of N.M. with best CRS Rating in New Mexico. Nationwide only 67 communities out of 1,148 have a lower (or better) rating than the City of Las Cruces.
J.D. Padilla, CFM