Reply #13: I was involved in some litigation

[legaltender]

from the 2003 fires, and it astonishes me how many people let their insurance lapse after they pay off their mortgages. They really don't understand that insurance isn't just to pacify their lenders, but it's a necessary protection against loss of their biggest asset.

That said, why should the government pay to rebuild houses for people who didn't have insurance? Wouldn't that policy just encourage people not to get insurance in the first place, increasing the cost to all of us in the long run?