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Why is house insurance not required by law?

Updated: 8/20/2019
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10y ago

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Because if you are dumb enough to have a house without insurance, the only one who loses money if anything happens will be you - if you don't have automobile insurance and you wreck, you might hurt someone else or wreck their car, too, so you have to be insured so that they get paid.

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10y ago
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Q: Why is house insurance not required by law?
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