Case Study

Commercial

84 Lumber Saves $175K+ Annually Across 13 Properties

Rockaway, NJ

Image of Commercial property for 84 Lumber Saves $175K+ Annually Across 13 Properties

Portfolio Saves BIG in 10 States

Solutions Found:

LOMA

Flood Expert Survey

Insurance Consulting

Solutions Value: ≈$175k+ in Annual Premium Savings

NFE Solution: LOMA; Insurance Consulting; FES

A cold call paid off big for 84 Lumber - an industry leader in building supplies, manufactured components, and services for single- and multi-family residences and commercial buildings.

NFE reviewed 84’s flood-insurance portfolio of 20+ properties and uncovered savings across 13 properties in 10 different states.

Hear directly from 84’s Risk Manager, Chip Young, as he shares how working with NFE has positively impacted the bottom line: https://nationalfloodexperts.com/post/in-the-zone-with-84-lumber-cos-risk-manager-chip-young

View Other Case Studies

Image of Multifamily property for Property Reclassified to X-Zone Prior to Acquisition

NOI Boost on Day 1 of Ownership

Property Reclassified to X-Zone Prior to Acquisition - Canton, MI

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!

Image of Commercial property for Hotel & Restaurant Saves $47.5K

$47,590 Policy Reduction

Hotel & Restaurant Saves $47.5K - Chesapeake Beach, MD

A restaurant in Chesapeake Beach, MD was paying nearly $50k annually on flood insurance premiums & ended up realizing $47,590 in savings after working with NFE.

Image of Multifamily property for  LOMA Success for Randolph, MA, Affordable Housing Community

≈$123K in Property Value Added

LOMA Success for Randolph, MA, Affordable Housing Community - Randolph, MA

Explore how National Flood Experts helped an affordable housing community in Randolph, MA, increase the value of their property by nearly $137,000, remove lender mandates for several buildings, and improve annual NOI by $7,300+. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone.