[quote=spdrun]Question is if the structure is already insured, is an additional policy required by the lender?

Or can you go “extreme southern auto-insurance style” and drop the insurance, keeping the HOA’s coverage as your sole policy? If you get robbed or whatever, just eat the cost of the home’s contents.[/quote]

No. But this also covers personal liability me thinks. So said person wants something for liability as well.