Is It Illegal The Law To Not Have Homeowners Insurance? 
Unlike automobile insurance , California does not require a homeowner to have an insurance policy . The mortgage company will almost always require an insurance policy on which they are named as mortgagee . That protects their interests . However , few homeowners can be sued or lose their home in a fire and not feel financial pain . That is the purpose of the homeowners policy , to share that risk with others so that if it should happen to you , you can be made whole . 