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Yes, it is actually required that the insurance company reassess the value of your insured home on a regular basis. This is done as a safeguard for the homeowner. Home values change and materials and supplies to rebuild goes up. labor, materials, etc. Therefore, if some unfortunate event such as a fire should occur. And your home was insured at the value it was or ten years ago. You could be putting out some serious pocket money to make up the difference.

If you disagree with the insurance companies valuation you can contact them and have them review the policy or you can seek out another insurer.

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โˆ™ 2011-10-13 10:08:35
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Q: Can an insurance company raise your coverage without your knowledge or consent?
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Do you have to agree with the insurance company raising your coverage without your consent?

You don't have to agree but they will cancel the policy. Most homeowners policies include a replacement cost coverage to the structure so they want it to be insure properly.


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Yes, with your parent's knowledge and consent.


Can your insurance company raise your homeowners deductible without you consent?

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Of course not. Insurance is a contract that takes both parties to consent and you have to contact somebody from the company to start the coverage. If you had a car that you gave up and had coverage on that, you are likely okay because your coverage follows you no matter what car you are driving. But if this is your first car or your other coverage had already expired, then you need to contact them right away so that you can bind coverage and be certain you are insured.


Can your auto insurance policy be changed without your consent?

Generally, yes. It is not uncommon for an insurance company to change the terms and conditions of the policies that it issues. For the most part, coverage and rate changes have to be approved by the state insurance regulatory authority. This is because the regulator wants to be sure that the coverage provided is commensurate in the protection that the policy provides to the premium that is charged. Any changes in coverage normally occur at the time of renewal of the policy. You are certainly free to reject the proposed chages by seeking coverage with another insurer.


Can someone take out a life insurance policy on me without my knowledge?

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Motor Insurance What is motor insurance?

To insure your car which policy we recured that is motor insurance. You might want to check the site below to answer your question. They offer different kinds of car insurance policies at a very affordable premiums. They also give you free quotes and determine which insurance company meet your requirements. http://www.goodinsurancepolicy.com


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Can a teenager buy young drivers insurance without parental consent?

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