Community Rating System (CRS) — a voluntary program for the National Flood Insurance Program's (NFIP's)
participating communities. The CRS's purpose is to promote the awareness of
flood insurance, mitigate flood losses, and facilitate accurate insurance
rating. A chief way in which the CRS mitigates losses is to provide incentives
(i.e., premium discounts) for communities to extend beyond the minimum
floodplain management requirements by developing extra measures to provide
protection from flooding. For a community to qualify for the CRS, it must be in
full compliance with all aspects of the NFIP.