Flood insurance prices for some Pinellas Park homeowners may decrease

PINELLAS PARK, Fla. — Many Pinellas Park residents may soon see lower flood insurance costs after the city received a class 5 designation through FEMA’s National Flood Insurance Premium Community Rating System.

The new rating means many residents can receive a 25% discount on purchased or renewed flood insurance policies starting Oct. 1. The city’s previous class 6 designation allowed for a 20% discount.

State Farm agent and Pinellas Park resident Joanne Dauphin said the change could have the biggest impact for people in areas with higher flood risk…

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