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Company Designs a New Flood Protection Method that Saves Clients Millions of Dollars

Company Designs a New Flood Protection Method that Saves Clients Millions of Dollars

Flooding can cost millions of dollars in damage, find out how you can protect yourself against nature’s most deadliest disaster.

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

A Grasshopper Versus an Ant

We are all familiar with Aesop’s fable of the ant and the grasshopper. The grasshopper spent the whole summer lying around in the shade, while the ant prepared for winter. The grasshopper had decided that there would be plenty of food left around for winter, as most winters he had found that food was not sparing. This particular winter happened to be worse than others, and the grasshopper was definitely not prepared, but the ant was.

This is how Flood Risk America feels about hurricane season. Although it is winter, and we have cold weather and shoveling snow, instead of water on our mind, it’s best to prepare early, especially in coastal or flood prone areas. 2017 was a hard year for a large portion of the United States; FEMA had been backed up for months with the amount of flood claims and damage. 2018 has been predicted to exceed what we felt was our worst year.

Many claims are still being handled, but many people are still in the mindset of the grasshopper. Let Flood Risk America help you understand your options when it comes to flood protection and mitigation assistance. We tend to lean on the favor of the ant, helping our clients prepare before a loss occurs. With our 24/7 flood deployment team, durable, corrosion-resistant flood panels, American-made products, flood consulting services, and team of experienced flood mitigation professionals, we will guide you in the right direction to not only protect your property from flooding, but we will save you money on your flood insurance premiums and deductibles. 

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Company Finds way to Save Companies Money, Without Having Them Spend Out-of-Pocket For Their Services.

Company Finds way to Save Companies Money, Without Having Them Spend Out-of-Pocket For Their Services.

The mission of the company is to keep clients happy and to not only save them money on their flood premiums and deductibles, but to provide that service free of charge.

Avoid Flood Exposure to Your Elevators and Essential Equipment

Consequences of flooding on elevators and valuable assets can devastate a facility’s ability to function and can also cause loss of business and interruption to both the clients and owners. In various instances, many facilities could not function for long durations because essential equipment was placed in basements, sub-basements, or ground floor levels that flooded. In some cases, components of vital systems were elevated well above the floodwaters, while other elements such as transformers, transfer switches, fuel tanks, pumps, etc., were placed at lower levels, leaving them susceptible to flooding and the elevators and essential equipment in the control rooms and other places were then rendered inoperative.

Our vulnerability assessments provide information and recommendations to improve the functionality of critical facilities by preventing flood exposure to elevators and valuable assets. These assessments describe how essential equipment must be protected from flooding to allow a critical facility to perform its primary function during and after a flood event. Flood Risk America and Flood Risk Canada will help you identify vulnerabilities in essential facility systems and equipment using our comprehensive flood mitigation approach.

Benefits of Our Vulnerability Assessments:

·     Reduction to the vulnerability, damage, and disruption of operations during severe

      flood events

·     Remain operational during and after a major disaster

·     Education on code requirements and FEMA recommendations

·     Customized mitigation plan for protection of essential systems and equipment

·     Designed mitigation plan to account for loss of power

·     Provision of new construction flood code requirements

·     Flood assessment including the investigation of historical flooding on specific

      location