Case Study

Commercial

Maryland Yacht Club Saves $23K

Annapolis, MD

Image of Commercial property for Maryland Yacht Club Saves $23K

$23K in Premium Savings

Solution Value: $23,000 Policy Reduction

NFE Solution: Insurance Consulting

A Yacht Club in Annapolis, MD was alerted by the NFIP that their flood insurance policy was being non-renewed & they were shocked when the private carrier quote came in at $30,000+ annually. Their Insurance Agent called National Flood Experts to see if we could assist & our team went to work.

Ultimately our engineers found a solution & prepared exhibits to petition the NFIP to reconsider the property for Coverage, which the NFIP accepted! The client was able to obtain NFIP coverage for approx. $6,000 annually, resulting in a massive win for the client adding $23k+ back to their bottom line!

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$400,000 in Added Property Value

Multifamily Property Saves $25K+ - Chesapeake, VA

NFE saves Chesapeake, VA multifamily property $25K+ in insurance expenses and increases property value with comprehensive FES and FEMA-approved building removal via LOMA. Boost NOI and property value with NFE's flood expertise.

Image of Condominium property for 16 of 18 Buildings Removed from SFHA

$174K in Annual Budgetary Saving

16 of 18 Buildings Removed from SFHA - Palm Harbor, FL

Learn how a Palm Harbor, FL condominium community saved $174K annually on flood insurance premiums after NFE's comprehensive engineering review successfully removed 16 of the 18 buildings from the high-hazard flood zone.

Image of Commercial property for Over $110,000 Reduction in Flood Insurance Premiums, Resulting to $1.8MM+ in Added Property Value

$1.8MM+ in Added Property Value

Over $110,000 Reduction in Flood Insurance Premiums, Resulting to $1.8MM+ in Added Property Value - San Jose, CA

Read how NFE helped a commercial real-estate portfolio save over $110,000 in premiums and increase property value by $1.8+ million across several retail & hotel properties in Hawaii and California.