Residents and city leaders in Sea Isle City celebrated after announcing flood insurance premiums are dropping for thousands of residents.
"People who are on a fixed income should raise their eyes up to the heavens and thank god for the extra income," one resident said.
More than 6000 people are or soon will be saving $125 a year on their insurance premiums.
This is happening now, after 20 years of mitigation efforts done by the city.
Officials announced that Sea Isle City is now considered a class six community on the FEMA Community Rating System.
"This is a community which is committed to disaster resiliency and mitigation and is safer and more resilient then say a community that was at a level 10 or not a member of the CRS," FEMA Director of Mitigation for region two Tim Crowley said.
The community rating system is a program that ranks cities by how well they are prepared for storms and the preventative measures they take and then adjusts insurance rates accordingly.
"We don't allow breaking walls in our community. In the V–zone, instead of allowing you to have a garage and fully enclosed we don't allow that," Mayor Leonard Desiderio said.
Those are just some of the measures the city has taken among many others.
The twenty percent insurance discount took affect October of 2012 and officials say they look forward to continuing city improvements to make the city better prepared.