What is the minimum deductible for manufactured homes under Allstate's policy?

The minimum deductible for manufactured homes under Allstate's policy is indeed $500. This means that in the event of a claim, the policyholder would need to pay the first $500 of the covered loss before the insurance coverage kicks in. Allstate sets this deductible to help manage risk and ensure that policyholders share a portion of the financial responsibility for smaller claims. This policy structure is common in the insurance industry, balancing affordability with the necessity for customers to help control claims.

Policies might offer various deductible options, but the specified minimum ensures a baseline level of participation by the insured, allowing insurance companies to maintain sustainability and provide coverage for larger losses. The other deductible options, though they may seem appealing, do not reflect the set minimum for this particular policy, confirming that a $500 deductible is the appropriate choice when considering Allstate’s guidelines for manufactured homes.