Seriously?? A Rise in Our Home Owners Policy

When I opened my home owner's insurance policy today, I did not expect to see such an increase. 

I got on the phone right away to see what was up, and in the end learnt that since our mobile home was over 30 years old and the company had also increased their rates, they now wanted an extra $430 for the year! So the rate went up from $881.62- $1307.74 !

We weren't gonna go for that at all . Options to get it lower was to raise deductible- and it was alot, or to value our mobile home at $30,000 less if there was a fire.

I went with the de-valuing to save us $400 a year.