Insurance has been a scam since the beginning of time. You can move risk around, but you can't change risk. You can create incentives at best. If you fairly pri

Insurance has been a scam since the beginning of time. You can move risk around, but you can't change risk. You can create incentives at best. If you fairly priced risk, the companies would not make money. The fact that it is required to have is just an indicator of how deep the grift is, like a mathematical mafia. Anywhere actually needing to rebuild your house is likely, insurance will be impossible.