answersLogoWhite

0

If you have paid off your mortgage and do not have a lien on the home you are not required to have insurance in most placed. But only a fool would not have basic homeowners insurance even if they were not required to. What if your home burns down?

User Avatar

Wiki User

14y ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor
SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve

Add your answer:

Earn +20 pts
Q: If you own your home do you still need insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp