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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Image of Multifamily property for Multifamily Property in Hampton, VA  Improves NOI by $11K+

$185,000 in Added Property Value

Multifamily Property in Hampton, VA Improves NOI by $11K+ - Hampton, VA

Get cost-cutting strategies for your flood zone properties. Read how National Flood Experts helped a client save over $11K annually in flood insurance premiums and added $185K in property value following their complimentary engineering review and Flood Expert Survey.

Image of Condominium property for Condo Property in Florida Successfully Removed from SHFA

Lender Mandates Removed

Condo Property in Florida Successfully Removed from SHFA - New Port Richey, FL

National Flood Experts provided a cost-saving solution for a condo community in New Port Richey, FL by using accurate and comprehensive Flood Expert Survey (FES) solution. Read on to learn how NFE's compliance determination led to significant financial gain by removing lender mandates and increasing property value.

Image of Multifamily property for Houston Multifamily Property Saves Over $31K in Premiums

$500,000 in Added Property Value

Houston Multifamily Property Saves Over $31K in Premiums - Houston, TX

Learn how NFE's Flood Expert Survey helped a multifamily property in Houston, FL achieve LOMA compliance, remove additional buildings from the flood zone, save over $31k in flood insurance premiums, and increase property value by $500k.