Case Study


$11K in Premium Savings Realized in 5 Days for GA Multifamily Property

Thomasville, GA

Image of Multifamily property for $11K in Premium Savings Realized in 5 Days for GA Multifamily Property

$187,000+ Added Property Value

Solutions Found:


Solutions Value: $11K+ Annual Premium Savings with $187K+ in Added Property Value

NFE Solution: LOMA

National Flood Experts resolved a flood zone issue for a multifamily property in Thomasville, GA when 5 of 13 buildings were flagged as located in the Special Flood Hazard Area (SFHA), triggering lender mandates for NFIP and Excess flood insurance policies. To alleviate these burdens and enhance the property's value, the property owner sought the assistance of NFE.

To address the challenges faced by the client, NFE conducted a thorough desktop engineering review of the entire property at no cost. This review helped identify potential areas for flood zone removal via Letter of Map Amendment (LOMA).

By qualifying all five impacted buildings for flood zone removal, the project facilitated the removal of the lender mandates for both the NFIP and excess flood insurance policies. The project was completed in less than five days, showcasing NFE's efficiency and expertise in dealing with flood zone designations.

This swift solution immediately relieved the client from high insurance costs and lender mandates, yielding significant and tangible results for the client and, overall, providing flood insurance savings of $11,000+ per year and increased property value by $187,000+. This increase in value has the potential to positively impact the long-term financial performance of the property.

NFE's expertise and timely solution enable property owners to achieve substantial cost savings and increased property value for their assets in flood zones.

View Other Case Studies

Image of Commercial property for 84 Lumber Saves $175K+ Annually Across 13 Properties

Portfolio Saves BIG in 10 States

84 Lumber Saves $175K+ Annually Across 13 Properties - Chandler, AZ

NFE reviewed 84 Lumber’s entire portfolio and uncovered $175,000+ across 13 states. Be sure to check out our inaugural episode of In the Zone to hear the full story!

Image of Multifamily property for Affordable Housing Community Wins Big

≈$137K in Property Value Added

Affordable Housing Community Wins Big - Brewster, MA

Learn how National Flood Experts helped a property management client increase the value of their multifamily affordable housing property in Brewster, MA, by nearly $137,000. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by $8,000+ while increasing property value.

Image of Multifamily property for Chicago Multifamily Dodges  $75k/year Bullet

$75K Lender Mandate Removed

Chicago Multifamily Dodges $75k/year Bullet - Chicago, IL

Our team flew up to the Windy City, gathered pertinent site-specific data, and successfully petitioned FEMA for a Letter of Map Amendment (LOMA). With the LOMA in hand, the lender mandates were removed, and the client dodged a $75k/year bullet!