Quote Originally Posted by Jason Roehl View Post
Were I an insurance company, I would just charge sufficient premiums to cover the expected losses, with appropriate breaks for disaster-resistant construction features...
Yep. And I'm bettin' that most larger insurance companies can just about narrow down homes by address and the rate total loss in these high risk areas. And while people in these areas pay higher premiums, the premiums in no way reflect the cost to rebuild.

It's way past time for the people that insist on living in the highest risk areas to start bearing the brunt of the cost. Premiums should match those areas better, and people either agree to pay them, assume their own risk, or we leave those areas uninhabited. Yes I understand the premise of insurance being spread among us all. But that doesn't mean we should be paying to replace a house every 2-20 years.