Flood Insurance Solutions to Increase Multifamily NOI
Lowering flood insurance costs can significantly impact your multifamily NOI. The cost of flood insurance is a significant operating expense for many properties. By eliminating or reducing these expenses, property owners can increase their multifamily NOI, boost property value, and improve profitability.
98%
Win rate with FEMA
15,000+
Structures Reviewed
$1,000,000s
in savings
Ways to Improve Multifamily NOI
- Reclassification: Reclassifying your property out of the high-risk flood zone can eliminate lender mandates for flood insurance.
- Insurance Savings: Our engineers look at all aspects of the property and use engineering data to find additional savings within your current policy.
If you're a property owner concerned about the cost of flood insurance, National Flood Experts can help you improve your NOI with unique engineering solutions.
National Flood Experts offers a free initial consultation to review the property and identify potential cost saving solutions to reduce or eliminate flood expenses. Our review process is straightforward, and we only need three documents:
- Elevation Certificate
- Flood Declaration Page
- Site Map
Because of the complexity of the process with FEMA to amend the flood maps and working to help reduce insurance premiums, our services are 100% guaranteed.
Overall, eliminating or reducing flood insurance expenses can significantly impact the NOI of multifamily properties. Through working with our flood experts, property owners can reduce operating expenses and increase profitability. If you're a property owner looking to improve your NOI and reduce flood expenses, contact National Flood Experts to learn how we can help improve the financial performance of your investment.
How it Works
1
Free Desktop Review
2
Discuss Engineering Findings
3
Deliver Solution
Ready to Lower Flood Insurance Costs?
Book Free ConsultationView Multifamily Case Studies
Slashing Refinance Red Tape
Refinance Requirement for Flood Insurance Avoided - Boise, ID
Discover how a multifamily property owner in Dover, DE, eliminated the need for flood insurance coverage while maximizing their refinance. NFE’s engineering review helped the owners overcome restrictions while also increasing property value.
$108,000 in Added Property Value
Reducing Insurance Costs and Boosting Property Value in a High-Risk Flood Zone - Albuquerque, NM
Explore how a multifamily property in Albuquerque, NM, eliminated its annual flood insurance costs and how NFE’s Flood Expert Survey helped remove the property from the SFHA, raising the overall property value by over $108,000.
$10K Year-Over-Year Savings
Property Owner in Texarkana Trims Year-Over-Year Flood Insurance Premiums by $10K - Texarkana, TX
Discover how NFE helped a property owner in Texarkana, TX, overcome high flood insurance premiums. Through a comprehensive Flood Expert Survey (FES) and expert analysis, NFE successfully obtained a Letter of Map Amendment (LOMA), resulting in a yearly savings of approximately $10,000 and an increased property value of $167,000. Experience our expertise in flood risk management and effective solutions for tangible benefits.
