It is only mandatory if you have a mortgage or lien on the home.
In Missouri, boat insurance is only mandatory if you have a loan on your vessel.
Yes its mandatory to have boat insurance and have a boating license.
Yes, if you own a home, homeowners insurance is definitely recommended, if not mandatory by some mortgage lenders.
No. Unlike auto insurance, homeowners insurance is optional and is not mandatory if your house is paid for. Just keep in mind though, if your home is lost due to fire, tornado, etc., you will not collect any kind of recovery for the loss. Also, without a homeowners insurance policy with liability coverage, you won't be covered for liability damages should someone fall or be injured in some way while at your home.
form_title=Homeowners Insurance form_header=Protect one of your most important assets with homeowners insurance. Get the homeowners coverage options to suit your life. Do you already own homeowners insurance?= () Yes () No Does your current homeowners insurance cover flood damage?= () Yes () No () Don't have homeowners insurance Are individual items in your house, such as your TV, covered by homeowners insurance?= () Yes () No () Not Applicable Are you looking to get homeowners insurance or update your current insurance?= () Get Insurance () Update Insurance
No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.
If the subdivision is subject to a Declaration of Restrictive Covenants that include a homeowners' association then your property is subject to mandatory membership.
No, your Homeowners Insurance will not. Your Medical Insurance Will.
No. This will have nothing to do with the price of the homeowners insurance.
No, boat insurance is not mandatory in Pennsylvania.