So the roof gets ripped off your hangar that's uninsured and damages an aircraft - who are the insurers of said aircraft going after? I'm sure they'd try it on with the airport insurers if your hangar isn't insured.
Wouldn't that be covered by the the airport's third party property insurance to which I contribute with my rent?
If I fully insured my hangar we have the situation where for the one mishap the aircraft is insured, the airport is insured and the hangar is insured. No wonder insurance companies can afford to live in giant inner city skyscrapers.
