Press Release 1999-22 State Insurance Department Issues Comparison of Premiums for Mobile Homes

Contact: Don Harris, Public Information Officer (602) 912-8402

For Immediate Release October 7, 1999

The Arizona Department of Insurance has published the latest edition of the Mobile Homeowner Premium Comparison Survey.

Insurance Director Charles R. Cohen said the guide is intended to encourage consumers to comparison shop and save money when buying or renewing their mobile home insurance. The survey includes a direct comparison of prices charged by the 19 companies that provide 85 percent of the mobile home insurance in Arizona.

The price comparison shows examples of the premiums charged for double-wide and single-wide mobile homes in Mesa, Tucson and Yuma -- three cities that have high concentrations of mobile homes.

“Consumers should carefully compare coverage, service, and claim handling as well as price when shopping for any insurance policy or renewal,” Cohen said. “Buyers of insurance should take the time to shop around to get the best value for their premium dollar. I strongly recommend that consumers ask their professional insurance agents and brokers about coverage details.”

The Mobile Homeowner Premium Comparison Survey is available on the Insurance Department’s web site at www.state.az.us/id or by writing to the Consumer Services Division, Arizona Department of Insurance, 2910 N. 44th St., Suite 210, Phoenix, AZ 85018. Department phone numbers are: Phoenix: (602) 912-8444; Tucson: (520) 628-6370, and statewide: (1-800) 325-2548.

The prices charged for specific polices will vary depending on individual characteristics and discounts that may be available. Similar survey reports on personal automobile insurance premiums, homeowners policy premiums and consumer complaints are also available from the Insurance Department.

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Period: 
1999
Priority: 
22

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