If your property is located in the floodplain and you do not have flood insurance, talk to your insurance agent. Homeowner's insurance policies do not cover damage from floods. However, because Montpelier participates in the National Flood Insurance Program, you can purchase a separate flood insurance policy. The insurance is backed by the Federal government and is available to everyone, even for properties that have been flooded in the past.
The City of Montpelier has implemented a number of initiatives in an effort to reduce damage due to flooding. As a result, the City was able to achieve a rating of 9 through the Community Rating System (CRS) Program, which translates into a 5% reduction in flood insurance rates for the municipality as well as individual policy holders.
For more information about the National Flood Insurance Program, please visit the FEMA website.