When you own a home this is something you need to be ready for. I suppose they could sell their homes and rent or move to a state where the insurance is cheaper. Also, I have a difficult time feeling sorry for some people who only live on their Social Security many of whom made decent incomes while young but didn't save a dime. It was meant to supplement your retirement income not be your only retirement income. Those are the people who will have their house blown down and then turn to the government and ask what is it going to do about this. I say sell your property and find an apartment somewhere.
It matters not where the money comes from. Income is often fixed after retirement and the squeeze affects that income just the same.
We will deal with the realities as adults.
But when you work hard all your life for a decent retirement you don't want the taxing authorities, local and state, in combination with the purveyors of insurance to take it away and run you off.
That's what is happening here.
many of whom made decent incomes while young but didn't save a dime...many of whom? And just exactly how would you know that?
As for your post, it represents a patronizing, uninformed generalization, similar to 'slow drivers cause accidents', 'old people can't drive', or 'welfare recipients drive Cadillacs'.