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.

View Other Case Studies

Image of Multifamily property for Multifamily Property in Salem, NJ, Achieves $7.5K NOI Boost

$125K in Added Property Value

Multifamily Property in Salem, NJ, Achieves $7.5K NOI Boost - Salem, NJ

Discover how a multifamily property in Salem, NJ, achieved a $7.5K NOI boost. With expert guidance from NFE, the property's three buildings were removed from the Special Flood Hazard Area (SFHA), resulting in significant annual premium savings and increased property value.

Image of Residential property for Lender Mandate Lifted for Homeowner in Minnesota

A-Zone LOMA Success

Lender Mandate Lifted for Homeowner in Minnesota - Afton, MN

Discover how NFE helped a single-family homeowner in Afton, MN, remove the lender mandate for flood insurance on their home and detached garage via a Letter of Map Amendment (LOMA).

Image of Industrial property for Flooring Showroom Saves Nearly $9K in Premiums

$9,000 in Premium Savings

Flooring Showroom Saves Nearly $9K in Premiums - Fort Myers, FL

NFE's field work and engineering expertise, led to significant cost savings for a wood flooring companies' Fort Myers, FL location, adding major value to their property. Read more to explore NFE's cost-saving solutions for your properties in flood zones.