[Red Badger]

Should policyholders in other states, with lower risk, subsidize those who choose to live in FL?

They don't. ALLSTATE, Statefarm, et al, are all incorporated in FL as ALLSTATE Floridian, Statefarm of Florida, etc. That way the policies from other states are not included in their risk sharing, and are basically non existent.......That's how they say "we [Insert name of insurance co] of Florida are losing our shirts" while the parent company makes a profit......

[OXENinFLA]

And if a hurricane does hit, watch how hard Ins. companies try to get out of paying claims.