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!

View Other Case Studies

Image of Multifamily property for Affordable Housing Community Wins Big

≈$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.

Image of Multifamily property for Multifamily Property Removed from SFHA Prior to Renewal

$130K + in Added Property Value

Multifamily Property Removed from SFHA Prior to Renewal - La Porte, TX

Learn how NFE managed to obtain a LOMA approval within 48 hours of submission and helped a multifamily property in La Porte, TX avoid flood insurance renewal costs. NFE's commitment to exceptional customer service and ability to expedite projects proved to be a success.

Image of Multifamily property for NJ & NY Multifamily Properties Save $105K+

$1.75MM+ in Added Property Value

NJ & NY Multifamily Properties Save $105K+ - Multiple, NY

In this case study, a New Jersey-based Commercial Real Estate Developer partnered with National Flood Experts (NFE) to reduce annual flood premiums and increase the property value of their multifamily properties in NJ & NY. NFE successfully removed flood insurance mandates from 15 buildings, resulting in approximately $105,000 in annual cost savings and over $17.5 million in increased property value.