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 Consultation

View Multifamily Case Studies

Image of Multifamily property for Multifamily Property Removed from SFHA Prior to Renewal

$130K + in Added Property Value

Multifamily Property Removed from SFHA Prior to Renewal - La Porte, TX

Learn how NFE managed to obtain a LOMA approval within 48 hours of submission and helped a multifamily property in La Porte, TX avoid flood insurance renewal costs. NFE's commitment to exceptional customer service and ability to expedite projects proved to be a success.

Image of Multifamily property for NJ & NY Multifamily Properties Save $105K+

$1.75MM+ in Added Property Value

NJ & NY Multifamily Properties Save $105K+ - Multiple, NY

In this case study, a New Jersey-based Commercial Real Estate Developer partnered with National Flood Experts (NFE) to reduce annual flood premiums and increase the property value of their multifamily properties in NJ & NY. NFE successfully removed flood insurance mandates from 15 buildings, resulting in approximately $105,000 in annual cost savings and over $17.5 million in increased property value.

Image of Multifamily property for Refinancing Saved, Excess Flood Insurance Mandate Removed, and $1MM+ in Property Value Added for Terre Haute, IN, Multifamily Property

$1MM+ in Added Property Value

Refinancing Saved, Excess Flood Insurance Mandate Removed, and $1MM+ in Property Value Added for Terre Haute, IN, Multifamily Property - Terre Haute , IN

Discover how a multifamily property owner in Terre Haute, IN, maximized refinancing and eliminated the need for excess flood insurance coverage. NFE’s engineering review helped the owners overcome restrictions, increase property value by a staggering $1MM+, and increase NOI by $65,250 annually - all in just under two weeks!

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Lower Your Flood Insurance Costs With Innovative Solutions

Let’s find the hidden savings on your property today!

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