LOMA
Helping our clients save $ is always fulfilling, but assisting a YMCA in saving $18,000 per year on insurance premiums was especially satisfying!
After heading up to Connecticut & completing an on-site Flood Expert Survey, our engineering team obtained a Letter of Map Amendment from FEMA, removing flood insurance mandates for this nonprofit YMCA. That's $18,000 back to their bottom line and back into programs + initiatives to support their community!
Learn how NFE's comprehensive review process eliminated lender mandates for flood insurance, saving a New Mexico multifamily property $18.6K annually while also increasing property value by $310K.
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 and provided $23K in Premium Savings.
Discover how a multifamily property investor improved the value and marketability of their flood-zone property through NFE's proactive outreach and innovative solutions. Despite not having a mortgage and lender requirement for flood insurance, the owner understood the benefits of obtaining a LOMA to boost property value and future market appeal.