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Case Study

Commercial

84 Lumber Saves $175K+ Annually Across 13 Properties

Richland, MS

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

Portfolio Saves BIG in 10 States

Solutions Found:

Flood Expert Survey

Insurance Consulting

LOMA

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

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In this case study, we will explore how NFE helped a luxury multifamily property in Middletown, NY, in saving on flood expenses and enhancing property value by $221K+. The Client's insurance broker recommended NFE to alleviate the financial burden of increasing flood insurance premiums. Through a comprehensive engineering review and flood expert survey, NFE secured a LOMA for the Client, leading to a win-win situation for all parties.

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