Is homeowners insurance required?
You’re not required to have homeowners insurance by law, but it is required as a part of your loan with Better Mortgage.
For many people, a home is the largest purchase they’ll make in their life, so it’s wise to protect it. While homeowners insurance can’t prevent fires or tornadoes, depending on the level of coverage you select and the level of risk in your area, it will give you a financial buffer and peace of mind if the worst should happen. For this reason, homeowners insurance is also a valuable financial planning tool for homeowners who own their property free and clear.
Discuss your options with a Better Cover insurance expert