The idea that insurers would provide better coverage if only they could raise premiums is ludicrous. Whether it's the Orwellian promise of "all risks" coverage at the time a policy is sold or "deny and delay" when a policyholder files a claim, most of the country endures a regime in which premiums have risen for policies that provide less and less coverage. So long as a for-profit industry controls access to the funds necessary to repair property, policies will cost more and coverage will shrink. If you live in a State that has to approve a premium hike, one of the things an insurer has to provide is the profit built into the proposed rate hike. Any owner of a small business would be shocked to see profits as high as 25% in those applications.