Granted. Yes. I have full coverage on all our vehicles, as do most owning newer cars in flood-prone areas.
No way do I have the time to deal with a flood car, as my personal vehicle. If I had a teen driver like Dftodd, then I might consider keeping it for them, if it could be made whole again.
But I think you guys vastly under-appreciate just what a mess any car can be, after submersion in any water. It's not really a valid "EV vs ICE" argument, they're all going to be an expensive mess, in most cases. There are a lot of electronics in ICE's today, and engines and transmissions don't take well to submersion. Interior and HVAC is usually a total gut and redo, as well, as fresh water usually comes with mud.