Home Owners Insurance Really Necessary?

[Account Closed]

Wanted to get the the thoughts and opinions of investors out there.  Do you really need home owners insurance for out of state investments that are owned all cash?  I guess the real question is if my deductible is $10,000 the chances of me filing a claim are slim to none and not keeping the policy would save me $341 a month.  These properties are in the North Collingwood area of Cleveland.  Any thoughts on risk vs reward? Gregg

[Tom Keith]

@Account Closed if you are not concerned with the physical damage coverage and could walk away or rebuild with your own $$. Then you should only be concerned with Liabilty coverage for the properties.