Flood insurance cost drops 10 percent in Asheville due to city practices
(Mountain XPress) Property owners in the city of Asheville with flood insurance will now enjoy a 10 percent drop in their rates, thanks to new floodplain-management and disaster-reduction policies and practices by the city of Asheville that exceed the standards of the National Flood Insurance Program. The determination was made by the Federal Emergency Management Agency (FEMA). Improvements made by the city include floodplain mapping, preservation of open space in flood-prone areas and better stormwater management. The improvements also include an education and outreach program.
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