To put an even finer point on that, big L Libertarians would like to see the governments (federal & state) stop subsidizing insurance for people who build or li

To put an even finer point on that, big L Libertarians would like to see the governments (federal & state) stop subsidizing insurance for people who build or live in flood plains and tidal regions. So you could argue both sides of that, although I get your drift. Reason I mention that is they believe the market should be the master, and currently, the government won't let the market work in this particular area.