I thought it was only the govmint because there's no profit in it . . .
I can get flood insurance, but I don't live in a flood plain. It might cover broken water main effects, toilet overflow, other local causes.
Most risks are insurable, but only at the right price. If Romney wants to cut government spending, flood insurance would be easy pickings. Let private insurers have the market, or let homeowners carry their own risk. (no offense Mathguy/2IPA's)