Case Study

Land

Commercial Development Firm Wins Big in NY

Brooklyn, NY

$10K Saved & Headaches Avoided

Solution Value: $10K premium savings & endless permitting headaches avoided (Priceless!)

Solution Type: LOMA

An entire undeveloped lot was being pulled into the SFHA, creating permitting nightmare for the owners. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.

The special flood hazard area (SFHA) impacted the NW corner of a vacant lot in Brooklyn, NY, and preliminary maps also pulled MORE of the lot into the SFHA. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.

With removal from the high-hazard flood zone, bank-mandated flood insurance is no longer required (a savings of $10,000+), plus the construction budget and building capabilities are also improved. The solution also helped facilitate a more straightforward building permit process - a tremendous win, especially in NY.

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$116K in Added Property Value

Cold Call Results in $116K Property Value Increase for Multifamily Owner - Colorado Springs, CO

Explore how National Flood Experts helped a client increase the value of their multifamily property in Colorado Springs, CO by more than $116,000. Through NFE’s comprehensive engineering review, the building was successfully removed from the high-risk flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by nearly $7,000 while also increasing property value.

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$13K in Annual Savings

Industrial Warehouse | 93% Policy Reduction - Berkeley, MO

We helped save industrial warehouse owners in Berkeley, MO $13,000+ in annual insurance premiums.