No, homeowners insurance is typically not included in your mortgage payment. While your mortgage lender may require you to have homeowners insurance, it is separate from your mortgage and is generally paid separately. Homeowners insurance is a type of property insurance that protects your home and belongings against damage or loss from events like fire, theft, and natural disasters. It is important to obtain homeowners insurance to protect your investment and fulfill the requirements set by your lender. The cost of homeowners insurance can vary based on factors such as the value of your home, location, and coverage options. It is recommended to shop around and compare different insurance providers to find the best coverage and rates for your needs.