Homeowner’s insurance includes charges for insurance your lender will probably require you to buy to protect the property from hazards such as fire and theft. Standard homeowner’s insurance does not cover damage from earthquakes or floods, but it may be possible to add such coverage. The cost of your homeowner’s insurance, as well as any similar insurance to protect the property, will be listed in Block 11 of your Good Faith Estimate (GFE) (and on Line 903 of your settlement statement) and may change between your GFE and closing.