You may want to shop your competition, and check the market.

BP members make a donation to aheroshome.org and they get me for a half an hour to talk shop.. if its something I am not really up to speed on I let them know they can still donate but I may not be the best person for advice..

If you were shopping and this house and a thousand others like it are available for basically the same price, is there anything that could be written in the title of your place that would cause you to choose it over that one?

Overall, going with an independent insurance agent will mean they will shop for the best price available… whereas if you called a singular insurer… say Progressive or whomever….

Possibly take some cash out at the same time if the LTV and equity are within range.No, It is not normal for "Banks" to make this mistake usually its a "Lender" or smaller "Mom & Pop" broker shop.

Obviously still shopping around. 

I work with a one stop shop brokerage and we'd be happy to help you with anything you could need! 

Hahaha you need to shop around even 5 mil policy still under $500. 

I was thinking more auto shop, lawn care, electricians, etc.

Heres some common structures:5-4-3-2-1 - Stepdown (5%,4%,3%,2%,1%)Flat PPP - 5 year PPP and there is a 5% hit in fees at any point in time within the 60monthsAbbreviated PPP - 6 months of interest payments on 80% of the balance at closing.It's all different... just shop it out and choose a dscr broker who has the knowledge to help you make an educated decision.