Outcome

Flood insurance premium savings of $39,688; adding $660,000 in property value.

Service:

Flood Risk Management, Elevation Certificates

A national real estate management company specializing in affordable housing options engaged AmeriFlood Solutions, Inc. (AFSI) to conduct complimentary flood risk evaluations, and, where applicable, facilitate flood risk management and elevation certificate services for 19 structures located on a multifamily property in the Southeastern region of the United States.

The detailed flood insurance study evaluated the impact a 100-year flood event would have upon the parcels of land using data that is more recent and accurate than that required by the Federal Emergency Management Agency (FEMA) for the respective community. The study, in conjunction with detailed analyzes of individual property characteristics, revealed a substantially lower flood risk than what FEMA reflected on the current Flood Insurance Rate Map (FIRM) and potential NFIP premium reductions for seven structures.

Put the flood risk expertise of AFSI to work for you. Contact us to verify the accuracy of your flood zone designation, capture savings, protect and improve the value of your property.