Fate of Fort Myers Beach flood insurance rating and discount still unknown

FEMA will remove the barrier island’s probation in November, saving residents $50, but a much bigger 25% flood insurance discount is still lost.

By Louis Llovio
| 4:15 p.m. May 1, 2025
| 0 Free Articles Remaining!

Some homes and businesses are still waiting to rebuild on Fort Myers Beach two years after Hurricane Ian.

Charlotte–Lee–Collier

The Federal Emergency Management Agency is removing Fort Myers Beach from probation later this year, but it is still not known whether the town will regain its ratings status after being downgraded last year.

Mayor Dan Allers, in an email to the Business Observer, says that FEMA has notified town officials that it is being removed from probation in November, a move that means a $50 surcharge residents have had to pay for flood insurance will go away.

What’s not known yet is the status of Fort Myers Beach in the National Flood Insurance Program’s Community Rating System. That rating downgrade is costing policy holders a 25% discount on policies which adds up to about $300 per year.