answersLogoWhite

0


Best Answer

Mandated by Law, No, not in any U.S. state

Mandated by your mortgage contract on penalty of default and foreclosure, Yes. All mortgage companies require that the buyer maintain adequate coverage until such time as the note is paid off.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is homeowners insurance mandatory in New York State?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is it mandatory to have boat insurance in the state of New York?

In many states it is mandatory to have boat insurance. However, it is not required in the state of New York.


Is disability insurance mandatory?

Disability insurance is mandatory in five states: California, Hawaii, New Jersey, New York, and Rhode Island.


Are winter tires mandatory in New York state?

yes


Is on the hook coverage mandatory in New York State?

I would think so yes, contact your states dept. of insurance if they cannot tell you they should be able to refer you to the correct entity to answer your question.


What companies offer car insurance in the state of New York?

There are several car insurance companies operating in the state of New York, such as New York Motor Insurance. Alternatively, one could try Manhattan-Insurance, for example.


What companies sell private dental insurance in the state of New York?

There are multiple insurance companies selling dental insurance in the state of New York. Two of these companies are Delta and Medlife.


What are the names of a few companies for car insurance New York has around?

There are thousands of insurance companies available in the state of New York. Country-Wide, State Farm, and Allstate are just a few that offer car insurance for residents of New York.


How do you make an insurance claim when someone hits you if you dont have insurance and they do?

You don't need to have insurance to collect on an insurance policy. Just call their claims department and they will get it started.The only issue is that in some states, such as New York, insurance is mandatory in order to register an automobile and be able to drive it. If you are in such a state, and you file a claim for an accident in which you did not have insurance, you could well be charged for driving without insurance and you would probably lose your license.


Is it necessary to have gap auto insurance in New York State?

In New York state it is necessary to have gap auto insurance. It is the seller's legal responsibility to include gap auto insurance in the cost of leasing the vehicle.


Where can one go to find supplemental medical insurance in New York State?

"Depending on what type of insurance you are seeking in the state of New York, Progressive Insurance and Nationwide Insurance may be in your best options, if you are seeking life insurance on the otherhand I would begin with Colonial Life Insurance."


Where can one find information on New York state car insurance?

There are many places to find information on New York state car insurance. You may go to a large chain insurance source such as Geico, State Farm, Allstate, or Progressive. You may also visit the New York state Department of Motor Vehicles.


Is State Farm Insurance found throughout the US?

State Farm insurance is available in most places across the U.S., except for New York. If you live in New York, they will direct you to one of their sister insurance companies.