Is Home Insurance Required By Law? 
Homeowners insurance is not required by law . A lender will require you to maintain insurance as a condition of the loan but once you pay that house off you are under no obligation to maintain insurance on the home and you have the right to self insure . Personally I believe your home is one of , if not , most peoples largest assets and you should maintain homeowners insurance but if you are OK with absorbing any type of loss you are fee to do so . If you do not wish to any longer insure your property I highly suggest you at the very least carry personal liability protection . 