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.
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!
Discover how a multifamily property investor improved the value and marketability of their flood-zone property through NFE's proactive outreach and innovative solutions. Despite not having a mortgage and lender requirement for flood insurance, the owner understood the benefits of obtaining a LOMA to boost property value and future market appeal.
Discover how NFE successfully removed a multifamily building in Oklahoma, OK, from a complex A flood zone. After conducting a thorough Flood Expert Survey, we obtained FEMA's approval for a LOMA, saving the client nearly $7,200 per year on flood insurance and boosting property value by approx. $120,000.