Is Home Insurance Required In Virginia? 
Home insurance is not required by the state but if you have a mortgage your bank will require homeowners insurance . Home insurance is one of the best values in the insurance market place . For less than $ 1,000 a year you can get coverage for your entire house and all of your personal belongings . Home insurance also provides liability protection which is just as important . Your house is usually your biggest asset so make sure it 's protected . 