You can legally own a home without home owners insurance. However, if you finance your home, your lender will typically require you to have home insurance coverage to protect your home in case of damage caused by unforeseen circumstances, such as fires or natural disasters.

If you purchase a condominium or co-op, your board may require you to buy condo insurance or home insurance. Be sure to check with your board to see what type of policy is required. If you are looking for Homeowners Insurance in Jacksonville, Visit St. Johns Insurance Agency.