Case Study

Commercial

Hotel & Restaurant Saves $47.5K

Chesapeake Beach, MD

Image of Commercial property for Hotel & Restaurant Saves $47.5K

$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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$111,000 in Added Property Value

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In Tucson, AZ, a client had $5,500 per year in flood insurance expenses on two apartment buildings in the AE flood zone. SPOILER ALERT: Not anymore.