What if I just wanted to insure YOUR house. I've got a little extra money, you seem like a good guy, and I have a feeling your house won't get hit by a hurricane.
You think government should forbid me to take money from you, in return for the promise to rebuild your house if it is damaged in any way -- unless I also agree to insure every other house in florida?
What business is it of government to interfere in the signing of a contract between two private individuals?
LOL My back yard ends at a salt water canoe run -- the other side is mangrove. I live four houses down from an inland bay, across the street from a lake, 8 houses down from Tampa Bay and about 15 miles from the Gulf of Mexico. I'm supposed to be 12 feet above sea level - but when I stand at the edge of the water and look back at the house, it looks more like 8 feet. If you're ready to insure me, I'll send my address...