Is Home Insurance Mandatory?
Is home insurance mandatory? Ontario Home InsuranceIf you want to get a mortgage, the lender will insist that you have insurance coverage in place. But if you don't have a mortgage, then you can choose not to insure your home. It's a pretty big risk though. --- Ask another question at House Insurance Questions and Answers Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page. OR visit Canada Home Insurance www.canada-insurance-source.com |