Premiums to drop for Albany home owners with flood insurance - WALB.com, South Georgia News, Weather, Sports

Premiums to drop for Albany home owners with flood insurance

Dorothy Hubbard accepting the plaque from FEMA (Source: WALB) Dorothy Hubbard accepting the plaque from FEMA (Source: WALB)
The city received a "7" rating (Source: WALB) The city received a "7" rating (Source: WALB)
Paul Forgey serves as director of planning, development service and code enforcement (Source: WALB) Paul Forgey serves as director of planning, development service and code enforcement (Source: WALB)
ALBANY, GA (WALB) -

Albany property owners who have flood insurance will soon see a drop in their premiums.

Every five years, FEMA evaluates how well the city is protecting residents from floods.

The Community Rating System is a voluntary incentive program that recognizes community floodplain management activities.

Albany is being rewarded with a better rating for proper planning.

"FEMA determined that we've improved our status. So our rating improved and flood insurance will be a little bit cheaper for those who have to have flood insurance," said Paul Forgey, the Director of Planning and Development Services.

The system rates communities on a scale from one to 10.

Albany scored a seven this year.

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