Any lender will want their collateral insured. It's not "financing insurance" so much as it is comprehensive and collision insurance just like that any lender would require on your car or truck that's financed.
"Financing insurance" might be something like credit life, accident and health insurance on your loan so that if you die, it will be paid off by the insurer or if you're disabled either temporarily or permanently the payments will be made for you during that time. By the way, CLA&H is one of the absolute WORST buys you can make in most cases.
If you think you want that kind of coverage, contact your insurance agent and see what they can do for you. You'll not only save yourself a bundle in almost all instances, but you won't have to pay the premium for the entire term of the loan all up front or have it bundled into the loan where you get to pay interest on top of it.
Well, I'm climbing off my soapbox now. /w3tcompact/icons/blush.gif Sorry, but the way that's done is just a pet peeve of mine. /w3tcompact/icons/smile.gif