the private marke is not dealing and can not deal as long as insurance is mandatory.
You have no "down pressure" if the product is mandatory.
insurance is not a free market industry.
you can not buy a home without insurance period.
and no you can't just say sell and move because we are not a nation of illiterate dessert nomads in tents. We have homes, jobs and family which mean we don't "just move" to some nowheresville small town.
"insurance is mandatory"
Only liability insurance is mandatory.
Yes, most mortgage companies require casualty insurance, but that is a private issue.
What I mean is that the insurance companies should simply be licensed to operate in the state based on adequate capitalization.
People should be free to choose whether to insure or not, but if they do, know that they are purchasing a reputable product.
"you cannot buy a home without insurance period."
Of course you can, with cash. What you cannot do is expect someone with an insurable interest in your property (e.g., a mortgage company) to lend you money with said property as collateral without hazard insurance on that property.
You have just identified a hole in the market providing an opportunity. Why don't you start a business providing mortgages to those who don't want to buy insurance or can't get it.
You say you don't personally want to carry paper on an uninsured property? Maybe that's the free market talking after all!