Mobile Home Insurance

Are you over paying for insurance on your mobile home?  Most insurance carriers either do not offer mobile home insurance or if they do they charge an arm and a leg for it…as you know.

What can you do to lower your insurance premiums?

1. Shop around….ya I know, that is what you are doing now.
2. Combine your coverages with one carrier….move your auto, life, health etc to one company
3. Carry a high deductible amount…the higher the better. You really only want to cover your mobile in the case of a total loss anyway. You would not want to make a claim less than $1500 if you can help it.  Your premium will cut in half just by raising your deductible.
4. Ask about discounts – adding a security light outside, adding covered parking outside, moving the structure away from trees etc. could result in a discount in your premium.
5. Pay down what you owe on the mobile….if the insurance company sees you own a large part of the structure they are more likely to give you a discount on the premium.