<prompt> Human: Years ago I was given the advice that its always good to have a mortgage on your house primarily because - if youre ever sued - they cant take your home away. Im a couple of years away from going free and clear; should I do a HARP refi and get 30 years of cheap insurance?Edit: Thanks for the replies. I found the umbrella coverage option in my insurance lit and Im looking it over. Seems like a good way to go. I live in New Jersey so Ill also look into this Homestead Protection. Im not at high risk for this sort of thing, but Ive worked hard for this place and Id hate to lose it because some kid fell out of a tree he wasnt supposed to be in..., etc. Thanks again.  <response>: Thats ridiculous. Get an umbrella policy. 