basically, banks want more protection from you, insurance replacement cost usually determine by sq ft, has nothing to do with value of your house, if you borrow more than what it needs to rebuild, bank will want you to upgrade your policy.....
basically, banks want more protection from you, insurance replacement cost usually determine by sq ft, has nothing to do with value of your house, if you borrow more than what it needs to rebuild, bank will want you to upgrade your policy.....