Harris Announces Oxford to Receive Reduced Flood Insurance Premiums

WASHINGTON, DC: Rep. Andy Harris, M.D. (MD-01) announced that the Town of Oxford has been named a Class 7 community in the Community Rating System (CRS) administered by Federal Emergency Management Agency (FEMA). According to FEMA, "residents living in the Special Flood Hazard area in CRS Class 7 communities will receive a 15 percent discount on NFIP premiums. The greater the investment in reducing flood risk, the greater the insurance savings through the CRS program. As communities move between classes, they implement flood reduction measures and save more on insurance."

Rep. Andy Harris made the following statement:

"I applaud this special designation of the Town of Oxford by FEMA. The town's efforts to reduce flood risk have been recognized, which will in turn lead to lower costs and more savings for the residents who hold FEMA flood insurance policies. This is a win-win, as it will further incentivize efforts to reduce flood risk and lower costs to families in our local community."