1200 is the rating floor. 1200 seems sensible to me because anybody (even a novice) can join chess.com, for whom assigning a higher initial rating won't be appropriate. But in tournaments meant for stronger players, higher rating may be assigned to start with. Read the wikipedia article on Elo rating system to get a better idea about it.
1200 isn't the rating floor.
The lowest rating FIDE will give, is 1000. Players playing below that level don't get a rating.
USCF lowest rating is 100.
Here it might be 100, but I'm not sure.
1200 is the rating floor. 1200 seems sensible to me because anybody (even a novice) can join chess.com, for whom assigning a higher initial rating won't be appropriate. But in tournaments meant for stronger players, higher rating may be assigned to start with. Read the wikipedia article on Elo rating system to get a better idea about it.