Charleston County residents are about to experience a pretty significant drop in their flood insurance. Flood insurance rates in Charleston County will drop 35% due to the county becoming a Class 3 Community in the National Flood Insurance Program. The rating is apart of a voluntary incentive program that recognizes floodplain management activities that result in premium rates to the community.
"The County has undertaken a series of meaningful activities to protect its citizens from losses caused by flooding, and has significantly exceeded the requirements for NFIP participation, and effective floodplain management," Charleston officials said. "Those activities include public outreach on hazards, flood insurance promotion, map information services, open space preservation, higher regulatory standards, stormwater management, and flood and dam warning and response."
For more information about Charleston County’s Floodplain Management, click here.
The Class Community rating per each town within Charleston County is listed below, followed by the percentage discount:
Town of Awendaw - 7 - 15%
City of Charleston - 6 - 20%
Charleston County - 3 - 35%
Town of Folly Beach - 4 - 30%
Town of Hollywood - 7 - 15%
City of Isle of Palms - 6 - 20%
Town of James Island - 6 - 20%
Town of Kiawah Island - 5 - 25%
Town of McClellanville - 7 - 15%
Town of Meggett - 7 - 15%
City of Mount Pleasant - 6 - 20%
City of North Charleston - 7 - 15%
Town of Ravenel - 6 - 20%
Town of Rockville - 7 - 15%
Town of Seabrook Island - 5 - 25%
Town of Sullivan’s Island - 6 - 20%