Moral and physical hazard in unfair imposition of levy

The proposed 1% insurance levy to cover costs of flooding damage to homes that probably should never have been built in flood-prone areas is a levy too far.

We have been forced against our will to bail out banks, builders and irresponsible developers. In the past our governments have forced us to bail out the PMPA, AIB/ICI insurance, and we also pay for injuries caused by uninsured drivers.

If this flood insurance levy goes ahead, then building in flood plains will also probably continue. Why not build a house too close to the sea or a river, if someone else will pay for any flood damage?