If we could have afforded a $400,000 home, we wouldn't quibble over the cost of insurance.
We have a double-wide manufactured home, we own the property it's on, the house is tied down (anchored into the ground and literally strapped to the anchors from the roof down), no grey pipes, no sinkhole area, no retention pond to flood over near the yard, and we have a metal roof and double-pane, double-hung windows rated to withstand 120mph hurricane force. It's an 1185sf house. We pay around $1500/year, and if we have full catastrophic damage, we'll be lucky to get $48,000 replacement cost. That isn't merely "the best we could do." That was "the only thing we could get." Manufactured home insurance is nearly impossible to get here. Most people don't even bother to have it at all. They take their chances, instead.
So be grateful for what you have.
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