Wondering if anyone here chooses to not insure their IP buildings I'm currently seriously considering not renewing next year for the following reasons: 1) stand to save 5k a year across portfolio 2) I have the cash position to build a new home in worst case scenario 3) cannot imagine a reasonable insured event that will actually wipe out a house building in its entirety (max damage I can reasonably expect would be in the five figures range) From a financial decision point of view I know being uninsured would have a positive expected value, just wondering if there are legal ramifications (e.g. will bank be upset? what if loans are already settled long ago and not seeking new finance? what other parties would care?) I guess public liability insurance is still a must since the potential loss is massive - but if only getting that it would cost much cheaper. Thoughts?