flood insurance policies 1Wayne,
As of December 2003, there are 86 policies with a total premium of $78,653. If I were in the office, I could give you more current figures and an exact amount of the discount, as well
as a what-if figure for a 15% discount. It is not exactly the 10% times the total premium as I believe that Zone X policies receive only a 5% discount. I will be out of the office
until next week because of the Democratic convention.
Jimmy, do you have access to the exact figures?
Rich
-----Original Message-----
From: Wayne Feiden [mailto:feidwac@feiden.org]
Sent: Tue 7/27/2004 8:36 PM
To: Zingarelli, Richard (DCR); WFeiden@northamptonplanning.org
Cc: Chin, Jimmy K.
Subject: Flood insurance and CRS
Thank you. That is extremely helpful.
Is there anyway to get the figures for:
1. The total number of flood insurance policy holders in Northampton (as I remember its about 30); and
2. The total premiums paid.
I would love to be able to show the total public benefit of acheiving the 10% discount (we believe its about $3,000/year) and the benefit if we could achieve a 15% discount, which is
our ultimate goal.
Thanks.
Wayne Feiden
--- "Zingarelli, Richard (DCR)" <Richard.Zingarelli@state.ma.us> wrote:
Wayne,
Here's what I found on 180 Fair Street Extension in the database. The
renewal date on that policy is April 5. The renewal effective April 5,
2003 was processed on April 1 and shows no CRS discount. The renewal
effective April 5, 2004 (the current policy) was processed on April 6
and is showing a 10% discount. The total premium was $1199 last year
and $1152 this year after the discount. [The rates went up around 5%,
it appears, from last year to this year.]
I don't know how the discount is shown on the actual policy, so I don't
know if it should be obvious in looking at the policy or not. The fact
that the NET premium only went down $47 may be why she thought the
discount was not applied.
This is the only information I have available to me directly. If you or
she have other questions I can probably get the answers from the FEMA
regional office in Boston.
Rich
-----Original Message-----
From: Wayne Feiden [mailto:WFeiden@northamptonplanning.org]
Sent: Friday, July 16, 2004 5:02 PM
To: 'Zingarelli, Richard (DCR)'
Subject: RE: Flood insurance and CRS
Angela Dion 180 Fair Street Extension, Northampton, reported that she
just renewed this year and did not receive a discount. Other people in
the audience agreed, but no one else gave me addresses or details.
I look forward to hearing what you find out. Thank you so much for your
help.
Wayne Feiden, AICP
Director of Planning and Development
City of Northampton
210 Main Street, Room 11
Northampton, MA 01060
Direct: 413-587-1265
Office: 413-587-1266
Fax: 413-587-1264
Web: www.NorthamptonPlanning.org <http://www.northamptonplanning.org/>
-----Original Message-----
From: Zingarelli, Richard (DCR)
[mailto:Richard.Zingarelli@state.ma.us]
Sent: Friday, July 16, 2004 10:59 AM
To: WFeiden@northamptonplanning.org
Cc: Chin, Jimmy K.
Subject: RE: Flood insurance and CRS
Wayne,
Our office has access to a FEMA database that includes
information on policies. It is incredibly cumbersome to search but I
did look at a couple of policies that were renewed after April 2003, and
they each showed the 10 percent reduction in premium. Based on this, I
would assume that the discount is generally being applied.
If you can send me particulars (address is best) on the people
who said they have not received the discount I can try looking up their
policies to see if they are correct. If they have indeed received the
discount, we can look into why are not aware of this (maybe something in
how the premium is stated on the policy).
Please send me whatever info you have and I will look into it.
Rich
-----Original Message-----
From: Wayne Feiden [mailto:WFeiden@NorthamptonPlanning.org]
Sent: Thursday, July 15, 2004 3:19 PM
To: 'Zingarelli, Richard (DCR)'
Cc: 'Chin, Jimmy K.'
Subject: RE: Flood insurance and CRS
Thanks.
We received our CRS rating last year and at the time were
informed that anyone renewing their floodplain insurance after April
2003 would receive a 10% discount. At the final public meeting last
night on our flood mitigation plan, we cheerfully announced that this
10% discount is in effect. Several floodplain residents said that their
insurance policies renewed after April 2003 and they didn't receive the
discount.
I want to find out:
1. Is the discount is being applied in Northampton;
2. If so, why don't policy holders know this;
3. If not why not;
4. If not, can policy holders get a credit for being
overcharged.
Thanks.
Wayne Feiden, AICP
Director of Planning and Development
City of Northampton
210 Main Street, Room 11
Northampton, MA 01060
Direct: 413-587-1265
Office: 413-587-1266
Fax: 413-587-1264
Web: www.NorthamptonPlanning.org
<http://www.northamptonplanning.org/>
-----Original Message-----
From: Zingarelli, Richard (DCR)
[mailto:Richard.Zingarelli@state.ma.us]
Sent: Thursday, July 15, 2004 2:42 PM
To: WFeiden@northamptonplanning.org
Cc: Chin, Jimmy K.
Subject: Flood insurance and CRS
Wayne,
I received an e-mail from Jimmy Chin of ISO saying that
you were requesting information regarding flood insurance. Apparently
you had sent the message to Jimmy with a cc to Miriam Anderson. Jimmy
asked that I get in touch with you.
Unfortunately, Miriam left our office several months ago
to move to Wisconsin. Please feel free to ask me for any information
that you need, and I will do my best to get it to you. I have a new
staff person going to CRS training in 2 weeks, at which point we will
once again be fully staffed with regard to CRS.
Richard Zingarelli
MA DCR Flood Hazard Management Program
251 Causeway Street, Suite 600-900
Boston, MA 02114-2104
(617) 626-1406
(617) 626-1455 (fax)