Flood Insurance Brokers
Discover multiple solutions for reducing flood insurance costs and offsetting increases in other commercial insurance lines.
Insurance is a hot topic in the real estate industry, and there are still ways to offset increased costs with savings on flood policies. Despite the historically commoditized nature of flood insurance, National Flood Experts has developed solutions to fight against mandates and reduce premiums even under NFIP's new Risk Rating 2.0 system.
Why Flood Insurance Brokers Should Work With Us
We’ll help find creative solutions to attract new business and uncover cost savings for your current clients. Our team combines our expertise and engineering background to provide an unmatched knowledge base for flood insurance brokers.
Let us be an extension of your team so we can help:
- Find creative solutions to attract new business
- Consult for unknown scenarios
- Discover unique solutions to supplement your team's work
- Uncover significant annual cost savings
View Other Case Studies
$84,000 in Added Property Value
Flood Mandates Lifted for a Multifamily Property in Indianapolis - Indianapolis, IN
A multifamily property in Indianapolis clipped by the flood zone sought ways to reduce flood insurance premiums. Their insurance broker contacted NFE to explore solutions. NFE conducted a Flood Expert Survey and secured a LOMA to reclassify the property into an X Zone, removing the flood insurance mandate, resulting in annual premium savings and an $84K property value increase. The insurance broker's collaboration & NFE's proactive approach achieved financial savings & added property value for the Client.
$217,000 in Added Property Value
Successful Insurance Collaboration, Resulting in a LOMA, Cost Savings and Increased Property Value - Slidell, LA
Learn how a collaboration between a Client’s insurance broker and NFE resulted in a successfully obtained LOMA, saving a multifamily property in Slidell, LA, $13K in annual flood insurance premiums while adding $217K in property value.
