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 36-building mulitfamily property experienced a significant boost to NOI on Day 1 of ownership due to a rush review and LOMA success by the National Flood Experts team. Thanks to the LOMA, the new owners were not required to place lender-mandated flood insurance and excess flood insurance on the property - talk about major savings and red tape avoided!
NFE was successful in qualifying 17 of 21 multifamily buildings in Mobile, AL for removal from the SFHA, resulting in nearly $50K NOI increase for the property owners.
Learn how NFE managed to obtain a LOMA approval within 48 hours of submission and helped a multifamily property in La Porte, TX avoid flood insurance renewal costs. NFE's commitment to exceptional customer service and ability to expedite projects proved to be a success.