Home insurance is not included in your mortgage. It’s a separate insurance policy apart from your loan agreement.
However, mortgage lenders can require you to pay your home insurance using an escrow account.
An escrow account is an account your lender or mortgage servicing company uses to pay critical, recurring, property-related expenses.
A mortgage escrow account typically collects and holds funds to pay your homeowners insurance and property taxes.
An escrow account enables you to spread out insurance and tax payments instead of paying them with lump sums every year.