Insuring manufactured homes can be cost-effective. These are not the old mobile homes of the past. They are definitely not a stick built. We have a couple of companies that we quote with at Wenatchee Insurance. Here are more tips to help you save money while insuring your manufactured home:
- Maintain a good claims history: Avoid frequent or unnecessary claims. Insurance companies often reward policyholders with lower premiums if they have a history of few or no claims.
- Consider the location: The location of your manufactured home can impact your insurance premium. The companies are looking at high fire dangers and high theft areas. When possible, choose a location that is less risky and more affordable to insure.
- Improve home safety: Enhance the safety features in your manufactured home to reduce risks. Installing smoke detectors, carbon monoxide detectors, and fire extinguishers may not only keep you safer but also qualify you for discounts on your insurance policy.
- Pay annually or semi-annually: If your budget allows, consider paying your insurance premium in one lump sum annually or semi-annually instead of monthly. This is always worth the ask.
- Review your policy annually: As your needs and circumstances change, your insurance requirements may also evolve. The annual conversation is important, we don’t know if you added a pool to your backyard if you don’t tell us.
- Inquire about discounts: Don’t hesitate to ask your insurance provider about available discounts that you might qualify for, such as early shopping, multi-policy discounts, or discounts for retirees.
- Consider additional security measures: If you’re in a high-crime area, investing in additional security measures like security cameras, motion sensor lights, or a monitored alarm system might lead to premium discounts.
- Avoid underinsuring: Make sure you have the right amount of coverage for your manufactured home. Being underinsured may leave you vulnerable in case of a claim. In the last couple of years inflation has really changed some values.
Remember, it’s essential to strike a balance between cost savings and having adequate coverage. Always discuss your specific needs and circumstances with your insurance provider to find the best insurance plan for your manufactured home.
Topics: Wenatchee Insurance, Insurance Quote, Home Insurance, Manufactured Home Insurance, Mobile home insurance, Wenatchee, Chelan, Fire Insurance, Okanogan, Douglas County, Independent Insurance Agency, Insurance Shopping, Wild Fire
