Affordable Manufactured Home Insurance: How To Get The Best Price | MHIA Insurance
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Affordable Manufactured Home Insurance: How To Get The Best Price!

Insurance is all about finding that sweet spot. You need a balance of coverage to cover your risk as well as affordability to meet your budget. No-body wants to over pay for inadequate coverage. What if you could get the best price though to meet your needs as well as keep your premium low. Read on to find out how.

3 minute read

If you're searching for affordable insurance coverage for your land lease home without compromising on protection, you're in the right place. We’ve got 5 essential tips that may help you secure a great price on your home and contents insurance. Let's dive in and unlock the key to cost-effective and reliable coverage.

1. Choose A Specialist For Your Manufactured Home Insurance

When you choose a specialist for your insurance you are taking full advantage of their expertise and knowledge. It all boils down to what’s underneath your home, and we don’t mean the concrete slab. Land lease communities are unique in that the home owner leases the land beneath their property from a community operator.

While it might be tempting to stick with a generalist insurer, their generic ‘one size fits all’ approach can mean a lack of understanding around your unique property needs. That lack of understanding may lead to higher premiums as you’re lumped into a bucket with every other building type. With MHIA, you get specialised solutions intended to fit your home.

2. Bundle and Save on Manufactured Home Insurance

It’s not rocket science, but combining your home insurance with contents coverage can lead to cost savings. Embrace this money-saving tactic and enjoy better premiums without compromising your coverage quality.

3. Regular Policy Review for Cost-Effective Insurance

Did you know that many insurers only periodically review their policies and rates? Outdated policies may result in unnecessary expenses as well as inadequate coverage. MHIA on the other hand reviews both environmental and customer driven data, assessing our policies competitively to align with your requirements.

4. Increase Your Deductible for Lower Premiums

Looking for more affordable insurance? Consider raising your deductible. Opting for a higher deductible and accepting a bigger portion of the risk on your insurance means you can reduce your premium. Striking the right balance between budget and coverage may can leave you with a better premium. If you’re insured with MHIA and choose this option, always ensure you can cover your deductable and speak with our team if your situation changes.

5. Upfront Competitive Premiums

We know that our customers are on the hunt for value as well as great coverage. It’s a smart way for you to maximise your budget. The benefit of choosing a specialist, like MHIA, is that we can be more agile in our premium pricing. As well, we don’t wear the risk of multiple home types and locations. We know where our customers live, and what type of homes they dwell in because that’s the only kind we cover. This means we can pass on the savings in the form of affordable insurance while still giving you excellent coverage.

With these essential tips securing affordable manufactured home insurance – or any home insurance for that matter - is a breeze. If you’re ready for affordable cover, extraordinary service, and exceptional claims handling then you should contact MHIA today and unlock the secret to affordable manufactured home insurance.