Why You Should Consider Homeowners Insurance
Protect your assets
Homeowners insurance covers the structure of your home and personal property. In addition, it also protects you from personal legal responsibility to other or their property while they are on your property.
Satisfy your mortgage lender
Mortgage lenders typically require you have insurance as long as you have a mortgage and list them as the mortgagee on the property. If you let insurance lapse, your mortgage lender will likely have your home insured.