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Posts Tagged ‘bank’

Can a bank require more flood insurance than the mortgage is worth?

16 Apr

I have a 50k equity line of credit. I only owe 17k on it TOTAL. I have flood insurance for 50k but the bank is wanting me to up it to 105K. this would increase my premium to 2500 a year instead of the 650. i am paying now. Is this appropriate? Can I contest it somehow? Any ideas?

 
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Nationwide Auto Insurance Commercial “bank Brat”

12 Dec


“Life comes at you fast!” in this funny insurance commercial that takes place in a bank.