the government doesn't mandate home insurance - the mortgage companies do - if you can pay cash for your house, the govt is not going to mandate you to insure i

the government doesn't mandate home insurance - the mortgage companies do - if you can pay cash for your house, the govt is not going to mandate you to insure it. If someone (a bank) owns 80% of the equity in your house, better believe they are going to make you insure it.