Here in Florida, homeowners and flood insurance both are to become significantly (mulitple) more expensive.
The Realor.org link provided by the Dean Team is very revealing.
"Beachey' properties, even those .8 miles away from the sand, are being dirven toward self-insured situations. That means 'Cash' buyers.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL