According to the Insurance Information Institute (III), in 2012 Massachusetts had an estimated $ 393.6 billion of insured
residential coastal property vulnerable to hurricanes.
Not exact matches
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.
Anchor and Fisherman's Cove offers self - catering accommodation on a
residential property in the small
coastal town of Witsand at the mouth of Breede River.
There are various beachfront resorts in Isla Verde, as well as
residential condominium
properties; while tourists are enjoying a day at the beach, most residents are at work, making the beaches surprisingly uncrowded compared to other
coastal city destinations.
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.
She says that investors who buy
properties in
residential blocks, and then rent these out on a short term basis, whether through Airbnb or other channels, are jeopardising the reputations,
property values and security in sectional title developments, including premier
residential complexes in
coastal towns and cities, where there is a burgeoning demand for secure, affordable, self - catering holiday accommodation.
Latin American investors have been active here, but historically they focused on
residential properties in major
coastal cities like Miami.
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.