Mobile home insurance in Florida

 

November 28, 2007 by fashun · Leave a Comment
Filed under: Best mobile home insurance, Florida mobile home insurance 

We know that when you crash your car, you receive a value from your insurance company called actual cash value, which is the value of your vehicle minus depreciation. How does that work, though, for mobile home insurance in Florida if your home is destroyed?

Most companies that sell mobile home insurance in Florida offer both actual cash value and reimbursement, the latter of which is the complete value of your mobile home without depreciation removed. However, after you’ve had your mobile home for about five years, many companies which sell mobile home insurance in Florida will only give you the actual cash value.

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