I'd rather be in 100mph+ winds in 80 degree temps than 50 mph winds in below 0 weather. Maybe the destruction is not as catastophic but try getting snowed in for a month and I mean not leaving the confines of your house.
Anyway if you choose to live in area that suffers from catastophic weather events then your state and locals should foot the bill.
How can a poor state like Louisiana or Mississippi foot the bill? In case you haven't heard Louisiana is one of the poorest states in the nation. It's why most of the people I know like me left when they got the chance.
How would you like to deal with rising water that forces you into attic where you drown because you can't get out? Or perhaps your house was knocked off its foundations by rushing water or 150 MPH winds.
The number of people killed by tornadoes or blizzards in the past century don't even come close to those killed in just a few hurricanes of the past two decades.
I've got news for you: FEMA shows up for tornadoes and other disasters. They are just never on a scale like this.