Budget friendly insurance, that's all we really want! No one wants to pay more than they have to for insurance, but the cheapest insurance isn't always the best either. It's a balance of getting the proper coverage at a price that fits into your family's budget. Here are three ways to ensure you have found this balance.
- The best way to ensure your budget isn't getting hijacked by insurance is to shop it on occasion. Gila Insurance Group LLC is an Independent Agent, meaning we represent multiple companies and can shop the market for you. So if you feel that you your insurance is too much, let us know, and we will see what we can find.
- Do you have the coverage that you need? Its the story of Goldilocks. You want the right coverage, but not too much or too little. A great place to save is to look is at your limits of coverage. The companies help determine the value of the home, and actually limit what can and can't be changed, but outside of the home value there is often leeway. For example, what's your deductible. Low deductibles are great, but if you had a $1,000 loss, would you even report it to your insurance company? Or would you fix it yourself? If so, your deductible might be too low. It really is a conversation that you need to have in your family, at what point would we ask the insurance company to pay a claim?
- Is there anything that makes you look like a worse risk to the insurance company? Increasing your credit score with lower insurance costs in many states (no all), not having exotic pets or vicious dogs, and many other factors. Eliminating these factors can decrease you insurance cost.
Let us help your budget, we have markets we can shop, we will have the conversations to help you determine what coverage you need, and will help you understand those risk factors that are increasing your costs to help you keep budget friendly insurance for your Manufactured Home.