As of October 1, 2003, the National Flood Insurance Program’s (NFIP) Community Rating System has designated the Village of Lincolnshire as a Class 5 Community for the Village’s continuing commitment. Only four other communities in Illinois have achieved this high classification: Village of South Holland, Village of Orland Hills, City of Wooddale, and Peoria County. 

The CRS program is a voluntary auditing program used to assure our residents that the Village meets or exceeds the requirements of the NFIP. The CRS measures the Village’s activities relating to the floodplain and rewards communities which have strong floodplain ordinances and who take a proactive stance against flooding. The CRS assigns credits to a variety of activities taken to ensure appropriate floodplain management measures are implemented. The credits are totaled and put into classifications with 'Class 10' being the lowest classification and 'Class 1' being the highest.

Property owners who purchase flood insurance for structures located inside the floodplain are now eligible to receive a 25% discount on their flood insurance premiums under the Village’s Class 5 rating. This discount is typically built into the rates quoted by insurance agents. Structures located outside of the floodplain receive a 10 percent discount on premiums. Preferred Risk Policies do not receive discounts.

As of August 22, 2015, the Village of Lincolnshire has 168 Policies in-force with a total insurance in-force of $48,433,400. The total of all premiums is $101,064. (Source: FEMA)

For more information on the CRS program, visit http://www.fema.gov/national-flood-insurance-program-community-rating-system.