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 Real Estate Portfolio Secures $14.7K Annual Insurance Savings

$245K+ in Added Property Value

Real Estate Portfolio Secures $14.7K Annual Insurance Savings - Clarkston, GA

From overwhelming challenges to remarkable success, National Flood Experts secures $14.7K in savings and $245K in added property value for an Atlanta-based Property management company's Clarkston, GA, multifamily property. By completing an extensive review and comprehensive Flood Expert Survey (FES), NFE successfully eliminated the lender mandate for flood insurance, unlocking the full financial potential of the client's property. Click to read more.

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.

Image of Multifamily property for $50K+ in Flood Insurance Mandates Removed for Multifamily Property

$1.2MM in Added Property Value

$50K+ in Flood Insurance Mandates Removed for Multifamily Property - Fort Myers, FL

Read about National Flood Experts' success in helping a multifamily property owner in Ft. Myers, FL, remove all buildings from the flood zone through Letter of Map Amendment (LOMA). NFE's solutions improved the property value by $1.2M and removed over $50,000 in lender mandates. Discover how NFE's innovative approach and expertise can help you identify flood insurance cost savings.