City of Coralville News

Posted on: May 11, 2016

Flood Mitigation Efforts Earn Property Owners Discounted Flood Insurance Premiums

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The City of Coralville has achieved Class 7 status in the National Flood Insurance Program’s (NFIP) Community Rating System. Through this program, policyholders can receive discounted flood insurance premium rates to reward community efforts such as local mitigation, floodplain management, and outreach.

CRS Classes are rated from 9 to 1, with 1 being the best. With Class 7 status, National Flood Insurance Program policies for Coralville properties issued or renewed after May 1, 2016 will receive a 15% discount on premiums to reflect the reduced flood risk. Coralville properties not in flood hazard zones will be offered a 5% discount.

As the City of Coralville continues to engage in additional mitigation activities that go beyond the minimum requirements, residents become eligible for increased NFIP policy premium discounts.

Andy Megrail, regional coordinator for the Community Rating System, presented a plaque recognizing the Class 7 ranking to the City at the City Council meeting on May 10, 2016. Megrail commended the Class 7 status, noting, “Communities generally enter the system at 9.”

As of November 2015, 1,368 communities participated in the Community Rating System, representing only 5% of the communities participating in the NFIP.

The National Flood Insurance Program's Community Rating System is a voluntary incentive program that encourages and rewards community floodplain management activities that exceed the minimum NFIP requirements. Goals of the program are to reduce and avoid flood damage to insurable property, strengthen and support aspects of the NFIP, and foster comprehensive floodplain management.

To learn more about flood insurance and Coralville's flood mitigation efforts, visit

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