Can a mortgage company take your home if a insurance refuses to insure property?

The Mortgage company can foreclose on your home if you fail to meet the requirements you agreed to in your finance contract.

Hazard Insurance on a home is almost always required by the lender under the terms of the contract. Failure to obtain and maintain the required coverage is a default on your loan, much the same as if we miss mortgage payments.

The mortgage company would not foreclose because your home is un-insurable. They would foreclose because you failed to purchase the required property insurance.

It is up to the homeowner to maintain the home in a condition that it can be insured.