Insurance is for protection against a POSSIBLE eventuality. When the event moves from “this might happen” to “this will happen”, insurance is no longer appropriate. I have flood insurance because I live in an area where we don’t have floods. I do live in an area with a fuck ton of snow though. I can’t get insurance for that because I willingly accepted the risk when I bought a house in this geography.

You can’t buy a house you know will get hit by a hurricane and then expect to pay a couple bucks a month so you can get paid $500k later when the hurricane you know would come does come.

Insurance is for accidents. You want insurance to be something it is not.