This is stupid almost beyond belief.
People build homes smack in the middle of Hurricane Alley and expect someone else to cover them at little or no cost. It’s a known risk and every few years the storms do billions of dollars in property damage.
Then people complain when insurance companies raise premiums to cover losses that anyone with an IQ above 70 could have seen coming.
It’s like building a house in a known flood plain and then acting surprised when a flood happens.
Insurance is a business. They calculate risks and charge accordingly.
L
Same thing happened/happens with those living in continually flooding river basins.
As a Florida resident now and two occasions before I understand what you are saying. But no one has ever explained how like magic the cost to rebuild multiplied by a factor of five within two months of a hurricane. There is and was price fixing and gouging and no one in FL gov did a damn thing.