Homes in California are typically more expensive than homes in Ohio. Because of this, mortgages for a similar house will likely be more expensive in California than in Ohio.
This depends on how much money you are borrowing on a mortgage. If you have a small mortgage, ie you have borrowed very little and are insuring a big house in a high risk area, the home insurance...
You can do it a couple of ways: If the possibility of rehabbing the home exists, determine what the future value will be, and there are construction lenders that will loan against the future value....
Without knowing your financial circumstances this question is difficult to answer. The answer is probably no. You are in " negative equity " which you means you owe more than your property is worth.
To the insurance company, your mortgage balance has no impact on how much insurance coverage you need for your home. Homeowners insurance is based on the replacement/reconstruction cost of your home.