We helped save Berkeley, MO, industrial warehouse owners save $13,000+ in annual flood insurance premiums.
Our team reviewed area data & documents provided by the client to identify a high likelihood of savings. After a trip to the site to complete a Flood Expert Survey, our engineers confirmed the data and worked with the client's insurance broker, ultimately reducing the client's policy from $14,000 to less than $1,000 per year.
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.
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.
Learn how NFE's comprehensive review process eliminated lender mandates for flood insurance, saving a New Mexico multifamily property $18.6K annually while also increasing property value by $310K.