Sentences with phrase «own coastal property»

Claud Clark III, a folksy Alabamian who had appraised the coastal property and defended the deduction in court, became the syndicators» star expert.

Who is legally liable for foreseeable damage to coastal property?

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

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

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.

In that lawsuit, which is still pending, he accused them of «a concerted effort by state and local officials to single out, coerce and harass one coastal property and its owner for refusing to cede its private property rights.»

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

Building a bulkhead or seawall along one or a few coastal properties may protect homes from damaging storm waves for a few years, but could end up doing more harm than good.

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.

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.

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

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.

From lively events to the most beautiful weddings, this coastal property is a delight to the senses.

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.

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

The California Coastal Commission last week unanimously approved an agreement to transfer 36 acres of private coastal property, once known as Bixby Ranch, back to Santa Barbara County, CBS reported.

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

This coastal property has something for everyone!

This is a very beautiful, coastal property, perfect for romantic getaways and a great spot to take your pooch.

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

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

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.

These changes threaten public health; coastal property and resources; the livability of our cities in summer; the productivity of our farms, forests, and fisheries; and recreational industries and opportunities.

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.

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

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.

As a result of these false predictions we have governments wanting to spend our dollars to buy coastal properties that would be swamped in catastrophic sea level rise.

First, consider this statement from the Executive Summary: «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...»

King tides and rising seas are an increasing and predictable threat, but adaptation plans to limit the damage to coastal property are still not managing the political obstacles.

In California, where the lawsuits seek billions of dollars to pay for mitigation measures, such as sea walls to protect coastal property, the oil and gas companies responded by seeking to move the cases to federal courts, where nuisance claims are less likely to succeed.

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...

With Trump withdrawing the U.S. from the Paris agreement, that moment would appear to be at hand, which leaves one final question: Who will be the smart money that sells their coastal property early — and who will be the other kind of money?

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

As someone who worked in coastal engineering for a considerable portion of a long and varied career — and if anyone wants some advice on coastal property — I don't come cheap.

In short, when sellers outnumber buyers, and banks become reluctant to write 30 - year mortgages for doomed property, and insurance rates soar, then the coastal property bubble will slow, peak, and crash.

And by 2050, experts predict $ 66 billion to $ 106 billion worth of coastal property will likely be below sea level and rising oceans will cost $ 42 billion to $ 108 billion along the Eastern Seaboard and Gulf of Mexico.

· Coastal planners and owners of coastal properties and infrastructure should carefully consider projected relative sea level changes when evaluating new or reconstruction projects.

Since that time, for coastal properties, the revenues set aside have increased based on this expierence.

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.

USGS director Marcia McNutt notes, «As demonstrated in this study, regional oceanographic contributions must be taken into account in planning for what happens to coastal property.»

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 Open to Everyone.

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.

However, if you're looking at a coastal property, which constitutes about 34 % of all insured properties in New Jersey, you'll need to add flood insurance on top of your normal homeowners insurance.

Keep in mind that these are statements about coastal properties.

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 %.

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.

We sell a coastal property every 48 hours.

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