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Insurance Needs When Buying a Home

Quick Answer

Insurance Needs When Buying a Home

When buying a home, you need homeowners insurance (required by mortgage lenders), and you should also consider life insurance to cover the mortgage if you die, disability insurance if you cannot work and make payments, and umbrella insurance for additional liability protection.

Last updated: June 2, 2026

A complete guide to the insurance you need when buying a home, from homeowners to life and disability coverage.

Frequently Asked Questions

No, but it is highly recommended. Mortgage lenders require homeowners insurance but not mortgage protection life insurance.

Disclaimer: This content is for educational and informational purposes only and does not constitute financial, legal, or tax advice. Products and services mentioned may not be available in all states. All insurance products are subject to underwriting and policy terms. Consult a licensed professional for advice specific to your situation.

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