What commodities go down? Inflation ensures that that’s not common.

I’m confused because I’m unfamiliar with any governments in the US that require homeowners or renters insurance. The closest I can think of is that FNMA or FMAC backed mortgages would surely require insurance to cover their collateral, but the government doesn’t require that you have a mortgage backed by either of those.

So… what are you talking about with “the government makes you have it”?

Also, how is it a scam? If you want to insure against a risk, you can choose to purchase an insurance policy against that risk. Sure, the insurer wants to make some profit off of that, but government insurance regulations and competition both help to keep that profit in check a bit…

What?

I’m not sure that conclusion follows. There are many more potential future users than there are current users.

Your first sentence suggests you’re disagreeing, but nothing you said after that is incompatible with anything gp said.