Insurers are the risk adverse ones.

Their entire business strategy depends on never paying out more than they get from you.

Exactly, if they’ll even insure you at all expect a clause that allows them to deny claim for whatever you actually want to be insured for.

Here in Denmark we have a huge problem with the westernmost coast of Jutland falling into the ocean. Guess where there’s lots of uninsurable houses. But for some reason people keeps buying them.