Homestead was devastated by Andrew.  The vast majority of people there had flood insurance.  But flood insurance won't pay for a house that has damage from winds, or water damage from a hole in the roof and torrential rain or as in Homestead's case, homes that were reduced to the foundation because of the force of the hurricane.  So while the vast majority of people had flood insurance and home owner's insurance, only a few got paid anything because the large insurance agencies sued and won in federal court to not pay based on their argument that if they paid what they owed people in Homestead it would adversely impact their ability to insure other people.   Many people had paid the same insurance company decades of premiums and got nothing, but the insurance companies, as an industry, still had excellent earnings that year, their stock price went up and executives got obscene bonuses.
It's all in the public record if you're willing to do a little digging.