If you know your car's engine is going to need replaced after exactly 100,000 miles, you know to save up for a new engine or a new car - and you know how long you have to save, so you can precisely set aside an appropriate figure every month.
If you know your car's engine will die sometime within the next 15,000 miles, you know you need to start saving up immediately, but b/c you don't know when in the next 15,000 miles you have to rush your saving.
If you have no idea when your car's engine is going to die, you are likely to end up dead engine and little to no savings.
The real reason insurance is high is because of fraudulent claim risk. Hurricanes themselves are more or less a solved problem in Florida. That data is useless.
In 2022, Hurricane Ian caused extreme flooding in the Orlando-region, including in areas that have never suffered from hurricane flooding before. For me personally, all 3 cars parked at my house were total losses b/c of the flood damage.
The extreme and extensive damages in the Appalachian region last fall is another great example of hurricane risk not being "grossly exaggerated".