If you own a home in Miami, you may be wondering: Is home insurance legally required? The answer depends on your circumstances—but even when it’s not mandated by law, going without it can be a costly risk.

The Legal Side: Is It Mandatory?

No, homeowners insurance is not required by Florida state law. You’re not legally obligated to carry a policy just for owning property. However…

Mortgage Lenders Say Otherwise

If you have a mortgage, your lender will require home insurance as part of your loan agreement. They need to protect their financial interest in your property. Without proof of coverage, lenders may:

• Deny your mortgage
• Force place insurance at your expense (often with less coverage and higher cost)

HOA and Condo Requirements

If you live in a condo or an HOA-managed community, you may also be required to carry certain types of insurance by the association rules—even if it’s not state law.

Why You Should Have It Anyway

In a high-risk hurricane area like Miami, skipping insurance can be a financial disaster. Homeowners insurance can cover:

• Storm, wind, and fire damage
• Theft and vandalism
• Liability if someone is injured on your property

Even though it’s not legally required, carrying home insurance is one of the smartest decisions you can make—and All Service Adjusting can help you navigate your policy to ensure you’re properly covered and protected.