I agree, however I also agree that you should not expect to be able to build in an area that is prone to disaster. Like if I build my house on a Sandy Beach and the foundation fails because it’s on Sand I’m not going to expect that the insurance company is going to cover it. The same should be considered for areas that are prone to natural disasters like California or Florida with Hurricanes
I believe that if an insurance company /chooses/ to take on a insurance contract with a homeowner, they should be able to go through with it. So i fully agree with the grandfathered in thing, but like I also feel that a company shouldn’t be forced to keep a customer outside that contract expiring. If they are canceling the contract mid cycle I am 100% expecting compensation, but if its just a policy renewal? there’s other companies or if not that was a risk being built in a higher risk zone