[milanhbs]

Isn’t homeowners insurance subsidised in the US in some places, especially in high risk areas?

I can‘t find good resources on this - is there a logic behind this beyond pleasing the people that have vested interests in those areas (like owning a home)?

[floatrock]

Flood insurance specifically. Flood insurance in the US is often provided only by government entities because private insurers have all pulled out of that insurance market.

Problem is when the only provider of waterfront insurance is government taxpayers, that kinda looks like people who own waterfront property have convinced everyone else to subsidize their lifestyle.

[estearum]

Yes it often is. E.g. https://www.floodsmart.gov/