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Homeowner's Insurance Availability Affordability in Coastal Virginia to be Examined

Homeowner's Insurance Availability Affordability in Coastal Virginia to be Examined

Chesapeake Beach

A task force convened by the Virginia Association of Counties is studying the availability and affordability of insurance for homeowners living in coastal areas.  Anecdotal information from citizens and local governments shows that many insurance companies have ceased to write new policies for homeowners within a range of 2500’ to one mile of the coast including the Chesapeake Bay.   The Hampton Roads Planning District Commission has been asked to prepare maps and property value data on behalf of the localities that it serves to determine how many homes and the value of those homes that may be affected.  Staff from the HRPDC is also serving on the Task Force.  The findings from the mapping survey will be presented to the Commission later this fall.

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September 8, 2020 - Katie Cullipher, Principal Environmental Eduction Planner
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