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 lower the cost of flood insurance premiums and reduce the risk of flood damage.
- 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 flood mitigation strategies.
National Flood Experts offers a free initial consultation to review the property and identify potential flood mitigation measures 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 flood expenses can significantly impact the NOI of multifamily properties. By implementing effective flood mitigation measures, 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 a National Flood Expert to learn how we can help protect 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
$365K+ Added in Property Value
19 of 29 Buildings Removed from SFHA - Coral Springs, FL
On a rushed timeline due to an upcoming sale, NFE's flood experts helped the nation's largest multi-family property owner save ≈$22K in annual flood insurance premiums while also adding $365K in property value for a 29-building property in Coral Springs, FL. NFE’s field work and engineering review maximized cost savings and helped the current and future owners avoid costly premium hikes on the horizon.
$50K+ in total savings
17 of 21 Buildings Removed from SFHA - Mobile, AL
NFE was successful in qualifying 17 of 21 multifamily buildings in Mobile, AL for removal from the SFHA, resulting in nearly $50K NOI increase for the property owners.
