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  "contentVersion": "2026.08.31",
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  "operator": {
    "legalName": "WJB Services, Inc.",
    "dba": "Bollinsure Insurance Services",
    "license": "6013787",
    "licenseAuthority": "California Department of Insurance"
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  "license": "Text on this page may be quoted with attribution and a link to the canonical URL.",
  "notice": "Public page facts only. This record contains no visitor question, no tool input, and no identifier. It is not a coverage determination, an eligibility decision, or individualized advice.",
  "title": "What is homeowner's insurance? Why is homeowner's insurance required?",
  "publisher": "Consumer Financial Protection Bureau",
  "url": "https://www.consumerfinance.gov/ask-cfpb/what-is-homeowners-insurance-why-is-homeowners-insurance-required-en-162/",
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  "jurisdiction": "US",
  "publishedDate": "unknown",
  "effectiveDate": "unknown",
  "accessedDate": "2026-08-31",
  "lastChecked": "2026-08-31",
  "updateCadence": "CFPB reviews Ask CFPB entries periodically; a last reviewed date is shown on the page.",
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      "checksum": "f120c8a08d0d",
      "text": "Your lender wants to make sure your property is protected by insurance."
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      "checksum": "25d1ab6efba3",
      "text": "A borrower can shop separately for homeowner's insurance and choose the provider and plan that is right for them."
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      "text": "If a lender buys insurance on the home because the borrower did not maintain coverage, that insurance may only cover the lender, and not you, and it also may be more expensive than what you could buy on your own."
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      "text": "Where insurance is escrowed, the borrower makes payments to the lender and the lender holds the insurance portion of the payment in an escrow account."
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      "kind": "Question",
      "title": "What does a lender insurance requirement actually prove?",
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  "citation": {
    "text": "Consumer Financial Protection Bureau. \"What is homeowner's insurance? Why is homeowner's insurance required?.\" unknown. https://www.consumerfinance.gov/ask-cfpb/what-is-homeowners-insurance-why-is-homeowners-insurance-required-en-162/ (retrieved 2026-08-31).",
    "viaThisSite": "BestInsurance Research source record cfpb-ask-162, content version 2026.08.31. https://bestinsuranceresearch.com/sources/cfpb-ask-162",
    "note": "Cite the underlying source when you can. Cite this record when you are describing our synthesis or our claim list."
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