building

Flood Risk America Saves a Hotel!!

Commercial Real Estate

Commercial Real Estate

 

A large commercial real estate owner had a Hotel on the water, paying $105,000 for flood insurance. 

Flood Risk America provided a complimentaryVulnerability Assessment, demonstrating how flooding and storm surge would affect the hotel, as well as incorporating the investigation of historical flooding. Flood Risk America then confirmed, from the Vulnerability Assessment,how the hotel could avoid future flood losses. 

FRA installed flood panels on the ground floor lobby to protect the elevators and lobby from avoiding a flood loss. FRA then went back to the insurance carrier and provided a customized flood mitigation plan for the Hotel. The insurance carrier then reduced the flood premium by $76,000.  

 

o  Cost of current annual flood premium:                         $105,000

o  Current savings with flood mitigation plan:                  $76,000

o  New current flood premium:                                         $29,000

 

“We saved hotel $76,000 on their Flood Insurance Premium.”
— Flood Risk America

 

 

To obtain a complimentary flood vulnerability assessment or to learn more about our services call Stephen Gill:

561-578-4220 or email  sgill@floodriskamerica.com

Company Launches New Product That Will Change Building Design & Flood Industry

Flood Risk America has designed a new flood mitigation product called the EZ Flood Panel. It uses patented, sustainable flood seal technology to protect elevators, windows, control room doors, and lobbies against rising floodwater. This device creates a sealed barrier around the desired subject, preventing water from entering. Each panel is designed specifically for a customized fabrication to meet individual installation requirements and custom shaping and contouring to meet job specific demands. It is both easy to install and remove, taking less than ten minutes. 

The EZ Flood Panel is durable, lightweight, corrosion resistant, cost-effective, and designed to withstand more than 13,000 PSI, unlike anything else in the industry.  It was developed with technology utilized in aerospace, marine, transportation, and can withstand harsh saltwater environments. 

The EZ Flood Panel will work on new construction site properties or existing structures. It has been rigorously tested, comes with a guaranteed lifetime warranty, environmentally friendly, and is made in the United States. Flood Risk America is proud to announce that it is the Only insurance certified flood protection panel in the market.

Product Benefits:

·      FEMA Compliant

·      ISO Certified 

·      Insurance Industry Certified

·      Lower Insurance Premiums

·      Lower Insurance Deductibles

·      Better Coverage Limits

·      Cost-Effective

·      Federal Grant Assistance

·      No business interruption

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