Case Study

Condominium

Condo Association | $10k in Savings

Sarasota, FL

$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 Refinance Requirement for Flood Insurance Avoided

Slashing Refinance Red Tape

Refinance Requirement for Flood Insurance Avoided - Boise, ID

Discover how a multifamily property owner in Dover, DE, eliminated the need for flood insurance coverage while maximizing their refinance. NFE’s engineering review helped the owners overcome restrictions while also increasing property value.

Image of Commercial property for Lahaina, HI Property Saves $73K

$73K NOI Increase

Lahaina, HI Property Saves $73K - Lahaina, HI

In gorgeous Lahaina, HI, on the island of Maui, our team identified ≈ $73,000 in cost savings for a commercial property less than a stone's throw from the shores of the Pacific Ocean.

Image of Multifamily property for Multifamily Property Increases NOI by $10K

$166,000 in Added Property Value

Multifamily Property Increases NOI by $10K - Overland Park, KS

Discover how a multifamily property owner in Overland Park, KS, added approximately $166,000 in property value and increased NOI by nearly $10,000 by working with National Flood Experts (NFE) thanks to an introduction from their insurance broker.