Homeowner's insurance provides coverage for your house and contents. In states like Texas, homeowner's coverage starts high and goes higher. Texas had the highest ...
Best Answer: You should ask your agent why this happened. One reason could be that your company gives a discount for not having a leinholder. When you got ...
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RichardFitzentite 5:01 am on November 8, 2009
You should ask your agent why this happened. One reason could be that your company gives a discount for not having a leinholder. When you got a HELOC, that discount went away. Also you may have taken out more money on the house than you had it insured for at the time. Maybe they (mortgage broker and insurance company) adjusted your Dwelling Coverage without your knowledge?
Negrat 5:01 am on November 8, 2009
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dirtyinjersey 5:01 am on November 8, 2009
coverage needed to be adjusted due to the home equity line most likely. Call your agent to find out exactly why the premium went up.
Doctor Deth 5:01 am on November 8, 2009
maybe your HOI has a built in "mortgage insurance" thing – check with your agent
car253 5:01 am on November 8, 2009
Something sounds fishy.
Did your insurance agent rewrite the policy? Maybe you lost some discount?
They should have just added the mortgage company which would be no additional charge. Call and ask them. Something does not sound right.
Dave 5:01 am on November 8, 2009
homeinsurance.awardspace.us – you can try this company. I personally have their home insurance cause it is cheapest in our area.
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