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 Commercial property for Hotel & Restaurant Saves $47.5K

$47,590 Policy Reduction

Hotel & Restaurant Saves $47.5K - Chesapeake Beach, MD

A restaurant in Chesapeake Beach, MD was paying nearly $50k annually on flood insurance premiums & ended up realizing $47,590 in savings after working with NFE.

Image of Multifamily property for NJ & NY Commercial Real Estate Developer Saves $105K+

$1.75MM+ in Added Property Value

NJ & NY Commercial Real Estate Developer Saves $105K+ - Multiple, NJ

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 $1.75 million in increased property value.

Image of Multifamily property for LOMA Success for a Multifamily Property Clipped by a Floodway

≈$178K in Property Value Added

LOMA Success for a Multifamily Property Clipped by a Floodway - Buckhannon, WV

Learn how National Flood Experts helped a multifamily property owner pulled into the SFHA by a map update achieve LOMA success, save $10,700 in annual premiums, and increase the value of their property by more than $178,000.