HOME OWNERS INS Question

Hello I need some advice on a "What IF' situation.

Rundown: Husband and I inherited our home from a deceased relative. The deed to the property and home are in our name. Due to the circumstances at the decedents time of death we were unable to gain the mortgage on the home. we knew our credit wasn't good enough. at the advice of the estate attorney we used, we were told that mortgage companies really don't care where the payments come from as long as they are paid and on time. That has not been a problem for us at all for the last 2 years. the home and property insurances along with taxes
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