Premium Reduction Service Reduces Annual Flood Insurance Premiums by 75{b73b969d192d8eafaea0090998e86317c7e4c69160e33071b50feed6bdb2d318} for a Large Shopping Mall

A large commercial real estate company owned a retail plaza with one large building that consists of several units occupied by different stores. The building was insured with six different NFIP flood policies representing total premiums of $24,648 for this one structure. The client asked us to determine if all six policies were necessary and to try to identify a solution to reduce the premiums.

We used our unique, research-driven underwriting process to procure documentation that identified that there were two rating errors in this situation. As a result, CRIO delivered substantial future savings, captured a large insurance refund, and increased property values.

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Contact us today to learn how our Premium Reduction Service can help you reduce your flood insurance premiums and increase your retail property value.

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