Can I buy a home without homeowners insurance?

I know it's risky, but can I buy a home without homeowners insurance? I would want to add it in eventually, but for the first 1-2 years I was hoping to eliminate that cost.

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Pro91 Answers

Lisa And Greg Harris

eXp Realty, LLC · Columbia, SC

(42 reviews)

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If you are paying cash and purchasing the home outright, this is an option. If you are financing with a mortgage, Home insurance is required to protect the investment of the home for both you and the lender. The lender will require full home insurance.

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05-06-2024 (1 year ago)··

Novice5 Answers

Tracey Bright

REMAX Real Estate Ten Midtown · Morristown, TN

(79 reviews)

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If you pay cash you are not required to have homeowners insurance. But I would not recommend ever going without it.

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04-11-2024 (2 years ago)··

Rising Star20 Answers

Jamie Merwin

ZMD REALTY · SLIDELL, LA

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If you have a mortgage on the home insurance is required.

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04-05-2024 (2 years ago)··

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Expert553 Answers

Keith Jean Pierre

REMAX First Realty · East Brunswick, NJ

(151 reviews)

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If you do not have a mortgage, this might be an option, but it is HIGHLY ill-advised. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

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04-25-2026 (3 days ago)··