Having a home along the coast of an ocean or lake can be an incredible experience. With gorgeous views every morning, there are many reasons to love this kind of living location. However, downsides like beach erosion can cause problems for unprepared homeowners.
Beach Erosion Causes
Coastal erosion happens when the natural materials along the beach begin to break down and remove themselves out into the water. The process usually occurs through flooding, strong waves, storms and other environmental occurences. When this happens, it completely changes the shape of the previous beach appearance. If you have a home or any other kind of property alone the coast, erosion can majorly impact your investment.
Coastal Erosion Is Costly
In addition to being inconvient, coastal erosion is also costly. Every year, the United States alone faces around $500 million in coastal property loss. Although there are federal and local government agencies which have tried to reduce the amount of erosion in many places, it often turns out that such efforts are in vain. For this reason, many property owners invest in comprehensive coastal insurance solutions to help cover losses in case of emergencies.
If you own a coastal beach home, learning more about insurance options can give you some peace of mind while you enjoy playing in the sand.