That's not all or the only way asbestos can be packaged. Which is my point. If you bind asbestos to vinyl, for example, you get a lot of the same insulation benefits with none of the problems of becoming a health hazard.
That's the problem. Yes, loose blown asbestos IS a problem and a major health hazard, but it's not the only form asbestos can take. Hence, baby thrown out with the bath water.
Maybe asbestos binded to vinyl is literally not a health hazard in any of these cases, but this needs to be shown in a positive way. The reason it's regulated/nearly banned is because the default way we treat materials is that they are assumed safe until data shows otherwise, and we obviously can't treat asbestos as a default material.
Wear a mask. But also, you likely aren't going to be affected. The risks are primarily for people working heavily with the stuff. Similar to how you could get silicosis cutting concrete but you likely won't get silicosis because you don't do that enough daily.
> if the house catches on fire
The neat thing about asbestos is it doesn't burn. That being said, the fumes from a fire are toxic without the asbestos so it's not exactly like it's making it more dangerous. (perhaps cleanup is what you're referring to?)
> or floods
Getting asbestos wet keeps it from Aerosolization. In fact, it's recommended to do that anyways if you are removing asbestos. (though, water isn't good enough to make it completely safe, it's better than nothing). [1]
> The reason it's regulated/nearly banned is because the default way we treat materials is that they are assumed safe until data shows otherwise, and we obviously can't treat asbestos as a default material.
The reason it's regulated/nearly banned is because the asbestos industry hid the dangers of it and got exposed in a very public way which generated heavy public outcry. We treat it like this not because it's rational, but because of public outrage. Asbestos has become synonymous with unsafe, no questions asked. [2]
Mercury and lead have similar more well known public health problems, yet purchasing CFLs and lead water pipes remain everywhere. Why? because there's not nearly the same level of outrage.
I recently learned that in the mid 20th century there was a huge scandal when it came out that TV game shows were rigged. The public was outraged and a law was passed prohibiting the fixing of "purportedly bona fide contests of intellectual knowledge or intellectual skill". You can go to prison for up to a year for this.
Because we need to be protected from that. ( https://www.law.cornell.edu/uscode/text/47/509 )
Fixing a purportedly bona fide professional wrestling match was and remains completely legal, of course, because that's not a contest of intellectual skill. Fixed quiz shows are a scourge upon the public, but fixed sporting events are just good fun.
If you have to do such a thing every time you are rebuilding something it is not going to economic.