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
LOMA Achieved for Homeowner
Lender Mandate Lifted for Homeowner in Maine - Kittery, ME
Discover how NFE helped a single-family homeowner in Kittery, ME, confirm their location outside of the special flood hazard area (SFHA) and remove the lender mandate for flood insurance on their home via a Letter of Map Amendment (LOMA).
≈$137K in Property Value Added
Affordable Housing Community Wins Big - Brewster, MA
Learn how National Flood Experts helped a property management client increase the value of their multifamily affordable housing property in Brewster, MA, by nearly $137,000. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by $8,000+ while increasing property value.
Excess Flood Insurance Requireme
Excess Flood Insurance Requirement Eliminated for DE Multifamily Property - Dover, DE
Explore how a Dover, DE, multifamily property eliminated excess flood insurance requirements, added property value, and reduced annual flood insurance expenses thanks to NFE's comprehensive engineering review and Flood Expert Survey (FES). NFE's analysis, supported by on-site data collected during the FES, qualified 3 of 4 buildings for removal from the high-risk flood zone, eliminating the lender mandate for flood insurance for those three buildings and eliminating the excess flood insurance requirement.