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Can A Home Insurance Company Increase The Amount Of Insurance On Your House Without Your Request?

February 14th, 2010 - By

Of course when the amount of insurance in increased, the insurance premium also increases. I have only $125,000 left on the mortgage and insurance company has increased the insurance to cover a value of $305,000. Real estate value of the home is $450,000. My credit rating is excellent and I have not had any insurance claims