Is buildings insurance a legal requirement?
You’re not legally required to have buildings insurance, but your mortgage provider will usually insist that you have it. You don’t have to buy your buildings insurance from your mortgage provider though.
If you don’t have a mortgage, there’s no obligation for you to have buildings insurance. But unless you can comfortably cover the cost of rebuilding your house or repairing it if it’s damaged, it should be seen as an essential.