LOMA
A water management company worked with the team at NFE to secure a LOMA for their Helena, MT property. Clients have many reasons for seeking out NFE’s services, from lifting lender-mandated flood insurance via a letter of map amendment or reducing flood insurance policy premiums via insurance consulting; we are happy to help reduce expenses, boost NOI, and increase property value in whatever way we can!
Helping our clients save $ is always fulfilling but assisting a YMCA in saving $18,000 per year on insurance premiums was even more satisfying!
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.
Read how NFE helped a commercial real-estate portfolio save over $110,000 in premiums and increase property value exceeding $1.8 million across several retail & hotel properties in Hawaii and California.