Under usual circumstances, a homeowner never has a problem is getting his home insured at a reasonable premium. But, what if you own a mobile home, the same rules do not apply and you could be in for a surprise, when you hear from your insurer that your policy is being cancelled!If you own a new or relatively new mobile home, you would not have a problem in getting it insured. But, as it starts getting older, insurers tend to start getting wary and either they jack up the premiums or cancel the policy.
If we review the situation in Florida, mobile home owners in Manatee County feel that they are left with three options. They either have to pay higher premiums for their mobile homes, or they have to pay double the premium with the state’s insurer of last resort Citizens Property Insurance Co. or have no insurance at all.