Reader’s Question:

What are deductibles? Do I want them to be big or small when I get a mobile home insurance here in Phoenix Arizona AZ?

Lillian

Phoenix, AZ

Hi there, Lillian. A deductible is the cost of damage which you are willing to shoulder out of your own pocket before your mobile home insurance provider in Phoenix Arizona takes over. Basically, a lower deductible amount means that if anything happens to your mobile home, then you only have to shell out a small amount of money and your insurer will take care of the rest. However, you need to note that a lower deductible amount often redounds to higher premiums since the insurance company will expect to handle a greater amount of liability for your mobile home.

The choice is yours to make, Lillian. Essentially, you need to ask yourself how much money you are capable of scrounging up in case something happens. You need to find your own balance between insurance premiums and how much you are willing to take out of your own pocket before you call on your insurer. To get an idea of how much insurance premiums are affected by the deductible amount, I suggest you request for free mobile home insurance quotes online from insurers in Phoenix Arizona. You can do this quite easily by typing in your zip code on the form on this page. Remember to compare a few quotes before you make a decision, Lillian, so you can get the best bang for your buck, so to speak.

Tags: cheap mobile home insurance, mobile home insurance, mobile home insurance coverage, mobile home quotes, mobile home rates

Reader’s Question:

Hi, we just purchased our first insurance policy for our mobile home. Our attorney here in Arivaca, Arizona suggested that we should consider getting an umbrella policy. What’s that? And do you think that’s better than just the mobile home insurance policy?

Janis,

Arivaca, Arizona

Getting an insurance policy for your mobile home is a good thing! This policy generally covers any incidents or accidents that involve you, your family, your houseguests and your mobile home and even your pets up to a certain limit (let’s say $100,000)! That’s already great coverage!

The purpose of the umbrella policy is to add to your homeowner’s insurance. This deals with today’s sky – rocketing medical costs and legal fees due to catastrophic and unforeseen accidents. This helps you have peace of mind because you know you are fully covered, as the umbrella policy works well with your homeowner’s policy. It also costs reasonable too.

Your insurance agent in Arizona should be able to discuss the details with you in order to determine the premium cost and amount of coverage that’s appropriate for you.

As you go about with the planning and decision making regarding adding an umbrella policy to your current mobile home insurance, make sure to that you have read and understood all details regarding the terms and conditions of your insurance. This is for you to make sure that you get the best deal out of your money! Enjoy!

Tags: mobile home insurance

Reader’s Question:

We have just upgraded our kitchen and decorated our mobile home. What should we know about cheap mobile home insurance policy in Arizona? Thank you.

Adam

Mesa, AZ

Great question, Adam!

Too many mobile homeowners purchase their policy when they buy their mobile house and automatically renew their coverage, leaving it to the carrier to increase their mobile homeowners coverage by the standard rate of inflation. Unfortunately, this rarely keeps pace with the actual cost of replacement. It is the important to consider this when adjusting your mobile homeowners policy.

Remember the difference between market value, which includes actual replacement cost of the mobile home are very different. For example, when you recently remodeled your kitchen, you most likely upgraded appliances, countertops and cabinets. You will need to factor their actual replacement cost and the replacement cost of other added features into your mobile homeowners policy.

As you are aware of changes to your mobile home, you should review your mobile homeowners policy each year. Make sure you have taken into account anything that might affect replacement cost. Do not wait for something to go wrong.

Adam, you should discuss replacement cost with your insurance representative in Arizona, a local appraiser or a local builder’s association. Once you have modified your coverage, you will be able to fully enjoy the peace of mind knowing that this very important investment is covered by your mobile insurance policy.