<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MOBILE AMERICA CORPORATION FOR THE NINE MONTHS ENDED
SEPTEMBER 30, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<DEBT-HELD-FOR-SALE>                                 0
<DEBT-CARRYING-VALUE>                       72,226,037
<DEBT-MARKET-VALUE>                         72,296,195
<EQUITIES>                                   2,296,907
<MORTGAGE>                                           0
<REAL-ESTATE>                                  356,970
<TOTAL-INVEST>                              89,482,153
<CASH>                                       5,970,167
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                      (3,929,267)
<TOTAL-ASSETS>                             151,626,776
<POLICY-LOSSES>                             41,638,656
<UNEARNED-PREMIUMS>                         36,850,201
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<COMMON>                                       168,010
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>               151,626,776
<PREMIUMS>                                  24,470,300
<INVESTMENT-INCOME>                          3,946,719
<INVESTMENT-GAINS>                             198,356
<OTHER-INCOME>                                  67,703
<BENEFITS>                                  21,640,903
<UNDERWRITING-AMORTIZATION>                  1,160,510
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                              5,840,009
<INCOME-TAX>                                 1,393,038
<INCOME-CONTINUING>                          4,446,971
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 4,446,971
<EPS-PRIMARY>                                      .71
<EPS-DILUTED>                                      .71
<RESERVE-OPEN>                              19,103,286
<PROVISION-CURRENT>                         12,754,805
<PROVISION-PRIOR>                           (2,201,629)
<PAYMENTS-CURRENT>                           8,200,449
<PAYMENTS-PRIOR>                            13,373,573
<RESERVE-CLOSE>                             16,282,889
<CUMULATIVE-DEFICIENCY>                              0