Most what was said on that video is his opinion... You can not get insurance on property you don't own! French squatters rights are very scary. Let's say I own vacant land but a squatter for generations has built a structure and lived in it for a period of time. If they go through legal means they can claim the land. There are many who did not have insurance on their structures because they were squatters for 10 to 30 years but never legally claimed their squatter rights.