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Chapter 11. Prepare for the Closing > Homeowner's Insurance
11.4. Homeowner's Insurance
It would be nice if someone could guarantee that disaster will never strike your new house, but that kind of guarantee doesn't exist. Insurance offers the next-best thing when it comes to peace of mind. Homeowner's insurance protects your investment in your home, so if your home is damaged or destroyed, you're covered. Your lender will require that you buy a homeowner's insurance policy, and you'll need to show evidence of the policy at the closing.
