What is the minimum deductible requirement for Allstate's manufactured home insurance?

The minimum deductible requirement for Allstate's manufactured home insurance is set at $1,000. This means that in the event of a covered loss, the policyholder will be responsible for paying the first $1,000 of the claim before the insurance coverage kicks in. This deductible amount is typical for various types of insurance policies and is designed to encourage responsible management of the property and reduce minor claims that may be costly for the insurer to process. A higher deductible can sometimes lead to lower premium costs, as the insurance company takes on less risk for smaller claims.

In the context of Allstate's policy, the adherence to a $1,000 threshold signifies their stance on balancing between affordable premiums for the insured and managing claim costs effectively.