A mortgage and homeowner insurance are two separate things. A mortgage is a loan that you take out to purchase a property, while homeowner insurance is a type of insurance that protects your property and belongings in case of damage or loss. Mortgage lenders usually require borrowers to have homeowner insurance to protect their investment. This is because the lender wants to ensure that their collateral, which is the property you're purchasing, is protected in case of any unforeseen events. Homeowner insurance typically covers damage caused by fire, theft, vandalism, and natural disasters. It may also provide liability coverage in case someone gets injured on your property. The cost of homeowner insurance is not included in your mortgage payment. It is a separate expense that you will need to pay directly to the insurance provider. It's important to shop around and compare different insurance policies to find the one that best fits your needs and budget. Remember to read the policy carefully and understand what is covered and what is not. If you have any specific questions about homeowner insurance or need assistance in finding the right policy, feel free to ask!