Case Study

Commercial

Hotel & Restaurant Saves $47.5K

Chesapeake Beach, MD

$47,590 Policy Reduction

Solution Value: $47,950 in annual savings

NFE Solution: Insurance Consulting

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.

Our complimentary desktop engineering review identified data discrepancies between area data & policy details; this required a visit to the site to confirm our suspicions. Our field team traveled to Maryland to perform our Flood Expert Survey and returned the data to our engineering team, who dove into the details. The data confirmed our initial suspicions, resulting in a $47,590 reduction in their annual flood policy premium.

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Industrial Property Achieve LOMA

Montana Utility Company Achieves LOMA Success - Helena, MT

A water management company worked with the team at NFE to secure a LOMA for their Helena, MT property. Clients have many reasons for seeking out NFE’s services, from lifting lender-mandated flood insurance via a letter of map amendment or reducing flood insurance policy premiums via insurance consulting; we are happy to help reduce expenses, boost NOI, and increase property value in whatever way we can!

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Commercial Property Saves $11K - Philadelphia, PA

Learn how NFE helped a mixed-use commercial property along the Schuylkill River in Philadelphia, PA save ≈$11K/year in flood insurance premiums and added $350K in property value by removing 6 of the 14 buildings from the flood zone through FEMA's LOMA process, all in less than 45 days!