[AFF87]

>The homeowners most exposed to climate-driven disasters are, in many cases, the same ones least likely to have insurance when those disasters arrive.

I wondered whether this is a signal that the insurers don't want to insure for those risks and unsurprisingly there is a Wikipedia page for it! [1]

[1] https://en.wikipedia.org/wiki/Climate_change_and_insurance_i...

[cucumber3732842]

You have to have insurance if you want a mortgage so not having insurance is basically just a proxy for (mostly old) people who own their house outright.

I would carry a $50k deductible if I could. No insurer I've encountered would let me. I don't really care to insure against anything other than a total loss.

[engineer_22]

Related:

https://en.wikipedia.org/wiki/Moral_hazard