by Daniel Brouse “Living near the water is incredibly appealing for people around the country, but it also comes with additional considerations for buyers and homeowners,” Zillow chief economist Svenja Gudell wrote in a new report. “Homes in low-lying areas are also more susceptible to storm flooding and these risks could be realized on a […]
Tag Archives: flood insurance
Real Estate and the Rising Sea Level
Flood Insurance and Rising Sea Levels
by Daniel Brouse Q: Who pays for flood insurance? A: The United States government, FEMA, covers losses for people that pay flood insurance premiums. Q: Does your homeowners insurance policy cover you in the event of flooding? A: No. Flood insurance coverage is very limited. For instance, basements and belonging in a basement are not […]
Climate Change Immigrants and Refugees
By Daniel Brouse EARTH — As human induced climate change is realized, mammals have started showing patterns of migration. Some conditions are driving animals south due to the loss of their habitat (mostly animals living on ice, such as, seals and polar bears.) Some conditions are allowing animals to migrate further north (like humpback whales.) […]
When Storms Collide
October 29, 2012 — The worst case scenario is about to take place for the New Jersey Shore. Hurricane Sandy is expected make landfall during high tide. Part of the Atlantic City boardwalk has already been washed away. October 26, 2012 — Though hurricane Sandy has been downgraded, there is a chance the Northeastern United […]