While homeowners insurance is not legally required by the government, it is effectively mandatory if you have a mortgage. Lenders require borrowers to maintain homeowners insurance to protect their financial interest in the property. Even if you own your home outright, homeowners insurance is highly recommended to protect your largest financial asset and provide liability protection. Get a free quote to understand the cost of protecting your home.
Without homeowners insurance, you’d be personally liable for all damage to your home and any injury or damage caused to others on your property. The financial consequences of an uninsured loss could be devastating, making homeowners insurance an essential part of responsible homeownership.
