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Tag: Homeowners Insurance

Am I Required To Have Homeowners Insurance?

Am I Required To Have Homeowners Insurance?

There is no law that says you have to purchase homeowners insurance if you own a home, as stated by the Insurance Information Institute (III). However, very few home buyers can pay cash upfront for such an expensive purchase. Most people will need to finance most of the cost of a home, and that means going to a mortgage lender. As a condition for obtaining...