2nd mortgage co. says deductable to low, wants 1500 instead of 1000 we have on our insurance. can they?

Signed contract with no deductable amount specified. Now 2 months later they say they require $ 1500 and our insurance is a $ 1000 deductable.
They have added new insurance to our loan and we are required to pay the premium. How can they do this without it being in our contract or without revealing this at the time we secured our second mortgage?

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