"It’s hard to believe now, given the subsequent rigamarole. But when Julia Shanks first learned that her insurance company wouldn’t renew her policy because it wanted to reduce its risk with “coastal properties,” the North Shore resident wasn’t particularly concerned.Coastal? My house? she thought. “That’s ridiculous.”Sure, she lives in a coastal town. But she’s a half a mile from the beach. Up a hill. Not in a flood zone. Once, when she asked a roofer to see if a roof deck would allow her to glimpse the water, he was blunt.“You can’t see the ocean from anywhere in this house.”But as Shanks, who asked that her town not be named, and other Massachusetts property owners are learning, insurers are becoming increasingly risk averse. Experts say that features that were once considered acceptable are now sometimes triggering price increases or even nonrenewals from insurers. A property that is less than two miles from the water may be rejected, for example, or an older home — built many decades ago — that may have outdated systems or hard-to-replace materials. Or, heaven forbid, its owner has committed the sin of all sins and filed claims in the past five years."
|WATCH: Florida & California homeowners are having trouble getting coverage. Will the trend spread to Massachusetts? Reporter Beth Teitell has an ominous forecast|