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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$59,000 NOI Increase

$59K Portfolio Savings in Virginia - Pembroke, Pulaski, VA Beach, VA

Our team reviewed 13 multifamily buildings across three properties for a client in Virginia; after completing a Flood Expert Survey, our engineers analyzed data identifying $59K in portfolio savings

Image of Commercial property for Lahaina, HI Property Saves $73K

$73K NOI Increase

Lahaina, HI Property Saves $73K - Lahaina, HI

In gorgeous Lahaina, HI, on the island of Maui, our team identified ≈ $73,000 in cost savings for a commercial property less than a stone's throw from the shores of the Pacific Ocean.

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.