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Updated almost 2 years ago on . Most recent reply

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Blake Paschal
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Insurance Recommendations? Moho

Blake Paschal
Posted

I'm struggling to find a reasonably priced insurance policy for a manufactured home in Angel Fire, NM since it is also a STR. State Farm insured it at first for a good premium, but then the underwriter denied it because of a small claim on our primary residence in another state (which seems unfair). Now I'm being steered towards American Modern, but the premium is twice as high! Any suggestions?

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied
Quote from @Josue Rosa:

Hi Blake. Are you checking with each company individually or having an independent insurance broker shop for you? A broker can usually get you a lower rate and better coverage. I can ask my guy for someone he recommends in NM if that would be helpful. 


 I agree with contacting a broker that can help you find the best deal. 

Try checking with Foremost Insurance also.

  • John Underwood
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