Sentences with phrase «coastal property»

There is a high level of risk associated with insuring coastal properties, and one hurricane alone could be enough to drain an entire claims reserve, which would mean higher premiums for everybody.

The entire country is facing a trillion - dollar bubble in coastal property values.

Keep in mind that these are statements about coastal properties.

Also, under this study, the Southeast likely faces greater effects than other regions because of coastal property damages.

All those people paying high prices for coastal property in Miami must know something.

The report stresses that «If we continue on our current path, by 2050 between $ 66 billion and $ 106 billion worth of existing coastal property will likely be below sea level nationwide, with $ 238 billion to $ 507 billion worth of property below sea level by 2100.

Likewise, Texas, Rhode Island, Maine, and South Carolina's coastal zones all benefit from a degree of rolling setbacks, a policy akin to managed retreat that allows private coastal property owners to develop their land, but prohibits the erection of seawalls and barriers once sea levels begin to threaten the structures.

Or is there an economic motive for coastal property owners to do the cleanup because the new shallow / tidal water will be a food source and nursery for fisheries, toxic or not — so we could make it a safe clean part of the ocean.

Allstate, one of the largest residential property insurers on the east coast, elected not to renew 30,000 policies covering coastal properties in New York City, Long Island, Westchester County and Connecticut, and is considering reducing coastal area coverage in Massachusetts and along the Gulf.

UMaine researchers say rising sea levels also threaten salt marshes, which help protect coastal property, and may leave developed areas more vulnerable to flooding and landslides.

For example, for 2020 through 2039, one study estimated between $ 4 billion and $ 6 billion in annual coastal property damages from sea level rise and more frequent and intense storms.

This delightful coastal property costs from # 680 per week and sleeps 7.

This delightful coastal property costs from # 775 and sleeps 6.

Johanna Seaside Cottages is a unique coastal property providing boutique self contained cottages in the heart of Great Ocean Road at Johanna Beach.

There is $ 2.3 trillion of insured coastal property at risk in New York State alone.

America's trillion - dollar coastal property bubble could burst «before the sea consumes a single house.»

Give me and my team of lenders, insurance agents, inspectors, contractors and marketing staff the opportunity to share our experience in residential, multi-family, renovation, historical and coastal properties help meet your real estate needs and objectives while providing as seamless and stress - free experience as possible.

Global warming is now accelerating the rate of sea level rise, increasing flooding risks to low - lying communities and high - risk coastal properties whose development has been encouraged by today's flood insurance system.

According to the Insurance Information Institute (III), in 2012 Massachusetts had an estimated $ 393.6 billion of insured residential coastal property vulnerable to hurricanes.

Threats like coastal erosion, storms and flooding can reshape the shoreline and threaten coastal property.

Thus, a homeowner will probably not be able to show that the hurricane that destroyed his house was spawned by global warming, but the state of Florida may well prove that increased damage to coastal property over several years has a lot to do with climate change.

Similarly, the land on which the house sits usually isn't going anywhere (with a few notable exceptions like coastal property prone to erosion or beach encroachment) So, take the home's value, minus 15 %, plus the street value of all the things you have in it (this is typically a different «bucket» of coverage limit, and keep in mind the insurer will pay present value, not replacement cost), and that should be your coverage limit.

Johanna Seaside Cottages is a unique coastal property situated in the heart of Great Ocean Road at Johanna beach.

On sale from 6 — 30 September 2016, dive into your dream summer holiday with up to 15 % off Oaks Hotels & Resorts» coolest coastal properties when you stay for five nights or more between 1 December 2016 and 28 February 2017.

Boasting panoramic ocean, lake, forest views... this private coastal property available to rent is simply one of a kind.

A superb coastal property, mostly ground floor, near Rothesay on the Isle of Bute and can sleep eight people in four bedrooms.

Communities must weigh the costs and risks of accommodating the rising seas, retreating from them, or trying to defend coastal properties and infrastructure with protective measures.

They were also asked about three specific climate - change mitigation policies that have been proposed or implemented in many cities: regulating coastal properties, so their bottom floor is «elevated among the highest estimated flood level»; limiting outdoor water usage, such as lawn sprinklers; and setting aside at least 25 percent of residential lots for land that allows water to filter into the ground.

Slowly, though, states are recognizing the importance of education and collaboration, creating Web portals and outreach materials designed to educate coastal property owners and communities on the issues surrounding climate change and sea level rise.

It's unfortunate that in order for politicians to start acknowledging the issue, let alone addressing it legislatively, it's taken the Atlantic's largest hurricane on record (1,000 miles in diameter) to submerge a 100 - yr old subway system, decimate coastal properties, leave millions without power, and worst of all, kill dozens of citizens.

The American Climate Prospectus addressed several key climate impacts over the coming century, including increases in heat - related mortality, increases in the amount of coastal property exposed to flooding, declines in labor productivity, increases in energy expenditures, and declines in agricultural...

In general, it's also been found that coastal property sees a higher inflation rate (7.7 % in 2017) when compared to non-coastal's 3.7 %.

About 20,000 prospective buyers who met criteria such as interest in North Carolina coastal property received the CD, which features such sounds as the ocean, ropes hitting sailboat masts, and the wind whistling by an 1817 lighthouse.

While the majority of homes in North Carolina aren't on the coastline, for those considering coastal property, additional insurance will be a consideration.

I know coastal properties, the water depth, and the neighbors.»

A classic Californian coastal property, this home takes seaside residency to the next level.

And when the prices to cover those events become extreme, recognizing the extreme overvaluation of the underlying asset, you should reconsider the ownership (something most people with coastal property should start to think about).

There is a 1 - in - 20 chance, it says, «that by the end of this century, more than $ 701 billion worth of existing coastal property will be below mean sea levels, with more than $ 730 billion of additional property at risk during high tide.»

If you own coastal property, you don't own anything below that point and you can not prevent public access, as explained in Why California's Beaches are...

$ 320,000 to develop technical guidance for implementing nature - based shorelines and designs for coastal properties owned by State Parks.

This dwelling features an acre of private coastal property and offers stunning 180 - degree views of the Pacific Ocean from its backyard.

Retreating shorelines and accelerating erosion will threaten coastal homes and businesses.3 With $ 2.3 trillion in insured coastal property, 3,20 New York State is particularly vulnerable.

Krieg's dream niche is coastal properties in Costa Rica.

But because it's a coastal property in a flood plain, it would not work as a refuge from flooding disasters.