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.
Learn how a collaboration between a Client’s insurance broker and NFE resulted in a successfully obtained LOMA, saving a multifamily property in Slidell, LA, $13K in annual flood insurance premiums while adding $217K in property value.
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.
On a rushed timeline due to an upcoming sale, NFE's flood experts helped the nation's largest multi-family property owner save ≈$22K in annual flood insurance premiums while also adding $365K in property value for a 29-building property in Coral Springs, FL. NFE’s field work and engineering review maximized cost savings and helped the current and future owners avoid costly premium hikes on the horizon.