Probably. If you have a mortgage, your financial lender most likely requires at least basic homeowners insurance as part of the terms of your agreement.
Regardless of whether it's legally required, homeowners insurance — and the dwelling, property, and liability protection it provides — is too valuable to pass up. After all, if your house suffers major damage in a hurricane, could you afford to rebuild out of pocket? Or say a visitor gets seriously injured on your property. Are you comfortable with your assets and savings being at risk in a lawsuit?
Homeowners insurance spares you from asking these sorts of tough questions and helps secure your castle, your finances, and your family's future in the wake of unexpected events.