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So, basically, it's your opinion that people who think ahead, and chose to live in places where they are not at "high risk" have to pay higher premiums so you can have the luxury of living where you live?

Why should they bear the burden of your choices?

Eventually, some company will step in and charge you a rate where they can make money without having to rip-off people who live in places where the scenry is not so pretty, but the hurricanes don't hit.

Yeah, you'll pay more. As you should.

Here is the problem with your analysis.

Since Andrew (are before) the codes have been made much much stiffer. You can't build the way you once did years ago.

In fact many people in northern and central florida were in LOW risk areas and had far worse damaga that south florida which took a direct hit.

N.O. had no hurricane codes which is why many of their homes are just plain gone.

The insurance companies want to charge as if there is no code improvement. IOW they want to charge a high survival concrete block building as if it is a wood and tar paper shanty.

You complain about burden of choices, but much of this debate is about the fact there is no BENEFIT OF REWARD IN SMART CHOICES.

Discounts in crumbs is no discount.

Regulating any company is a slippery slope. Thats what has happened in fla. They start regulating in one area and now it's not enough. They have to regulate it all. Ironically if an Andrew ever does happen the first ones to cry to the feds are the insurance companies. They need a bailout, so what were they insuring to begin with?

Thinking of this problem we have in Florida, it occurred to me that maybe the problem is "too many insurance companies." Since all insurance companies are incorporated in Florida, so as to insulate their other states policyholders from adverse risk associated with Florida, no one single company can spread the risk throughout their Florida policyholders thin enough to make it less expensive per household. Like Wal-Mart, maybe buying in huge numbers to lessen costs, there should only be one company or to insure ALL of Florida. And insure only the house or business building, not contents. Contents and inventory could be left to the regular insurance companys to insure. All or escrow payments for insurance could be sent to the county tax collector instead of individual insurance companys and funnelled to the state for inclusion into a huge pool of money that could be invested in T-bills, utilities, building materials suppliers (Home Depot, Lowes, 84 Lumber, etc), construction companies, and the like. ...........Just a thought.....