Can I buy a house without home insurance?
Yes, but only if you pay for it in full with your own money. However any time you require financing the lender will almost always require you to purchase home insurance. The home insurance, also sometimes called hazard insurance, usually covers the property for fire and theft, but often not for flood damage unless you get advanced coverage. Basically the coverage on some acts of nature can vary depending on your location, so shop wisely. You may also want to consider combining your home and auto insurance for a better price.