Case Study

Commercial

84 Lumber Saves $175K+ Annually Across 13 Properties

Rockaway, NJ

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 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.

Excess Flood Insurance Requireme

Excess Flood Insurance Requirement Eliminated for DE Multifamily Property - Dover, DE

Explore how a Dover, DE, multifamily property eliminated excess flood insurance requirements, added property value, and reduced annual flood insurance expenses thanks to NFE's comprehensive engineering review and Flood Expert Survey (FES). NFE's analysis, supported by on-site data collected during the FES, qualified 3 of 4 buildings for removal from the high-risk flood zone, eliminating the lender mandate for flood insurance for those three buildings and eliminating the excess flood insurance requirement.

Image of Multifamily property for Multifamily Property in Salem, NJ, Achieves $7.5K NOI Boost

$125K in Added Property Value

Multifamily Property in Salem, NJ, Achieves $7.5K NOI Boost - Salem, NJ

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.