Homeowners insurance

[skcomp]

What is the name of your state (only U.S. law)? Michigan

Can an insurance company deny an all risk homeowners policy if the market value is not 80 percent of the replacement costWhat is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?

 

[tammy8]

If the coinsurance is not to value, they can deny a claim.

However without the info on WHAT happened makes this question near impossible to answer.

 

[ecmst12]

Looks like they denied to issue the policy, not to pay a claim.

 

[moburkes]

Hell yeah they can. And should.
Sounds like OP wants to insure the home for, say, 70% of the value, but wants the insurance company to pay, say, 100% of the value of the claim (minus any deductible).