Lower Your Premiums

Insuring a manufactured or mobile home in Florida can be costly. There are certain risks that exist with mobile or manufactured homes because they are built with light weight materials and are typically not built on a permanent foundation. Modular homes are grouped with mobile and manufactured homes by some insurers because they are factory built in pieces and then transported to the building site.  Florida’s severe weather is another factor that increases insurance cost, especially for manufactured and mobile homes.
If you know where to look, you can find discounts on mobile, modular and manufactured home insurance policies here in Florida. Bankers Alliance Insurance Group is an excellent resource when you want to get all of your questions answered about mobile home insurance deals and discounts to meet your budget requirements.
Ways to Get Manufactured/Mobile Home Insurance Discounts
Improve the safety of your mobile home with burglar alarms, dead bolts and smoke detectors
Bundle multiple policies, such as home and auto, with one insurance company
Remain claims-free
If you follow these three tips, you are much more likely to earn deals and discounts on your manufactured/mobile home insurance. Small changes and improvements to the security of your home and some strategic choices with your current insurance policies can help you save. Also, if you don’t file claims on your policy, your rates will not be nearly as high as if you’re filing frequently.
Types of Manufactured/Mobile Home Insurance Discounts
One of the most important things you can do to find mobile and manufactured home insurance discounts is comparison shop between several different companies. The first company you get quotes from is not necessarily going to have the cheapest premiums. Comparing quotes can be a time consuming process. However, if you work with us, we can get several competitive quotes from different insurance companies for you.
The following are some additional discounts you may qualify for. Not all of these discounts are available from every carrier, but these are some of the more common deals and savings available from companies that offer mobile and manufactured home insurance:
Multi-policy discounts: Many companies will give discounts (as much as 15%) if you purchase multiple lines of insurance from them. Homeowners and auto insurance are the most common insurance policies that can be combined or bundled. Some companies will also bundle your insurance on your boat, RV and other vehicles as well.
Claims-free discounts: If you go a year or more without filing a claim, you may receive a mobile home insurance discount.
Discount for safety and security: Taking measures to improve the safety and security of your mobile home can result in premium reductions. Tell your insurance agent about any extra security measures you have in place or any new ones that you install after buying your policy. Safety and security measures that your insurance company may make note of include burglar alarm systems, dead bolts, fire extinguishers, fire sprinklers, and smoke detectors.
Lower rates for good credit: You may earn reduced rates if you have excellent credit. Insurance companies have determined that those with good credit records are statistically less risky to cover.
Original owner discount: If you are the first owner of your mobile or manufactured home, you may qualify for a break on your premium. If your home is a new model you will pay less for your insurance as well.
Age discount: If you are between 46 to 65 or older, depending on the insurance company, you may qualify for a discount.
It is important to check with your BAIG representative to find out what discounts you qualify for.