MINOT, ND - Minot residents will be getting a 5 percent discount on their flood insurance rates.
Thursday, FEMA recognized the city of Minot for its flood plain management and gave the city a class 9 rating in its community rating system. The lower the class rating, the higher the discount.
“It's another step in our journey to flood protection and a 5 percent discount for people that have to get flood insurance which is a huge amount over the course of the year, and it's recognition by FEMA that we are making real progress in that journey,” said Mayor Chuck Barney.
The 5% insurance discount officially started this month.