Case Study

Condominium

Condo Association | $10k in Savings

Sarasota, FL

Image of Condominium property for Condo Association | $10k in Savings

$73K premium increase avoided!

Solution Value: $73,000 premium increase avoided & $10,000 budgetary savings

NFE Solution: Insurance Consulting

A Condo HOA's premium was set to increase from $17,000/year to potentially $90,000+. Working side-by-side with the Condo Boards' insurance broker, our team visited the property, collected additional data via our Flood Expert Survey, and our in-house engineers qualified a scenario that resulted in a premium of only $7,000/year. Instead of delivering the hard news of increased dues, the Condo Board can reallocate $10,000 in annual savings into the budget!

View Other Case Studies

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

$187,000+ Added Property Value

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

Discover how National Flood Experts resolved a flood zone impact for a multifamily property in Thomasville, GA, in only 5 Days. NFE's swift solution eliminated lender mandates for NFIP and excess flood insurance, providing immediate relief from high insurance costs. The result? Over $11,000 in annual flood insurance savings and $187,000+ in added property value.

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 - Rockaway, NJ

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 Land property for Utah Property Successfully Reclassified to X Zone

5 Bldgs. Reclassified from SFHA

Utah Property Successfully Reclassified to X Zone - Hurricane, UT

Explore how a Hurricane, UT, property (Duplex, 3 Sheds, 1 Storage structure, and the land!) were reclassified to an X-zone, removing lender mandates for flood insurance and increasing property value significantly.