A new federal designation could save Charlotte residents money on flood insurance premiums. The federal government is giving homeowners a reduced rate after local stormwater services created programs that made the county more flood-resilient.
Homes in the regulated floodplain now receive a 40% discount on National Flood Insurance Program policies. All other homes get a 10% discount.
Folks can apply for flood insurance at FloodSmart.gov. Charlotte-Mecklenburg Storm Water Services mapped the county’s floodplain at CharlotteNC.gov/services/stormwater.
More than 3,100 homes receive federal flood insurance in Mecklenburg County, representing nearly $3 million in premiums and fees.
