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National Floodplain Insurance Program

Do I Need Flood Insurance?

If you don't already have flood insurance, consider purchasing it for the structure and its contents.  Most homeowner's AND renter's insurance policies do not cover damage from floods, so check your policy! 

The Village of Downers Grove participates in the National Flood Insurance Program (NFIP) allowing any property owner or renter to purchase flood insurance. Additionally, because the Village of Downers Grove participates in FEMA's  Community Rating System (CRS) program, owners of property within the Special Flood Hazard Area (SFHA) are eligible for a 20% reduction in premiums. 

If you are purchasing a house located within the SFHA and using a federally regulated/insured bank for a loan, the purchase of flood insurance will be mandatory. However, even if your home or business is not within an SFHA, purchasing flood insurance is still a good idea. Keep in mind flood elevations can surpass the 100-year mark in an extreme storm event, and approximately 25% of all claims paid out by NFIP are for properties outside of the SFHA. We encourage you to check with your insurance agent about the NFIP today!

Contact the Village to find out if you are in the floodplain or for more information about flood insurance at 630-434-5460 or

FEMA Flood Plain Insurance Premiums Change October 1, 2021

FEMA is changing the way flood insurance premiums are calculated.  You can find out more information at or by contacting your insurance agent.  Starting October 1, 2021, premiums for new policies will use Risk Rating 2.0.  Existing policies will remain unchanged until April 1, 2022, at which time they will transition to the new pricing.  To find out more about flood insurance or obtain a quote for coverage go to

Risk Rating 2.0. The methodology leverages industry best practices and cutting-edge technology to enable FEMA to deliver rates that are actuarially sound, equitable, easier to understand and better reflect a property's flood risk.


New policies beginning Oct. 1, 2021, will be subject to the new rating methodology. Also beginning Oct. 1, existing policyholders eligible for renewal will be able to take advantage of immediate decreases in their premiums.


All remaining policies renewing on or after April 1, 2022, will be subject to the new rating methodology.