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Saw a news program on the erosion of beach/land in South Carolina. One golf course has already lost their 18th hole and homes/hotels will next to be taken into the ocean. They have huge sand bags up but the ocean takes them out like they were nothing.What I wanted to know is will these people just lose their property and be out the money or will they be able to get something for their loss; and if so, from whom? I'm surprised their insurance company doesn't drop them. I worked with someone once who reported a leaning tree to her insurance company and they dropped them. The tree was on a next door property and the people would do nothing about it. the insurance company said it was a hazard. Obviously no one can buy these properties. Personally, I'd get out now before it's to late and you see all your personal possessions fall into the ocean along with the house. What a decision to have to make.
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Nope, there is not compensation for this situation. Insurance won't cover an "act of God," which they would most certainly claim this is, and there is no government fund to re-sand beaches for the purpose of replenishing private property. The gov't may pay some amount in the wake of a major disaster declaration, the that never happened.
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