Earlier quoted context omitted.
Should we also tax people living in earthquake-prone and tornado-prone areas? How about blizzard-prone areas? Keep going with this and we will run out of places (in the USA) where it’s ok to live. Also, as someone who lived in south Florida, flood insurance is a joke and unavailable near the coast anyway. Nobody expects it to pay out enough in a major catastrophe, including hurricanes and flooding.
Private insurance works for earthquakes and tornadoes.
With tens of thousands of claims, home owners will get pennies on the dollar if they get anything at all.