Oh come on. No place is like that. I live in Florida, in the gulf coast, in a house from the 1940s. The house I moved from is 100 years old this year and still fine. Home insurance has been running a scam here for years, taking money and running. Of course the risk is higher but flood insurance is like 800 a year, house insurance exclusive of flood wants like 10x that, and they are cherry picking houses and leaving those they think are risky to be insured by the state insurance collective.
If I had all the money I’d sent to insurers over the years only to have them drop all the policies and disappear I could self insure at a higher amount that might actually pay to rebuild the house.
With any insurance, it’s like gambling, the house always wins.