Long story short, I have to increase the coverage of my home insurance policy to match the banks requirements. My insurance agent is being very unresponsive to the bank who is trying to contact him, and the deadline for closing documents is coming up fast. The agent says he's working on it but won't return calls to the bank.
My banker suggested I talk to another insurance company who can get this done faster. Am I still free to change insurance companies even if I've signed some documentation with the first company? Are there any repercussions of changing home insurance providers at this point. I close in 4 days.
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