Case Study

Commercial

Maryland Yacht Club Saves $23K

Annapolis, MD

$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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$59,000 NOI Increase

$59K Portfolio Savings in Virginia - Pembroke, Pulaski, VA Beach, VA

Our team reviewed 13 multifamily buildings across three properties for a client in Virginia; after completing a Flood Expert Survey, our engineers analyzed data identifying $59K in portfolio savings

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$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.

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$167,000 in Added Property Value

Industrial Storage Facility Reduces Annual Flood Insurance Premiums by $10K - Bonita Springs , FL

Learn how an industrial storage facility in Bonita Springs, FL, reduced annual flood insurance premiums by $10,000 and increased property value by $167,000. NFE provided a solution to overcome the financial challenges posed by updated FEMA maps by completing a meticulous Flood Expert Survey (FES) and qualifying 2 of 3 buildings for a Letter of Map Amendment (LOMA). Discover NFE's expertise in flood zone solutions and ability to deliver substantial savings.