<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MOBILE AMERICA CORP. FOR THE SIX MONTHS ENDED JUNE 30,
1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<DEBT-HELD-FOR-SALE>                        28,298,269
<DEBT-CARRYING-VALUE>                       37,288,250
<DEBT-MARKET-VALUE>                         37,605,051
<EQUITIES>                                   1,946,419
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              80,636,372
<CASH>                                         811,970
<RECOVER-REINSURE>                             157,748
<DEFERRED-ACQUISITION>                      (3,045,804)
<TOTAL-ASSETS>                             120,810,592
<POLICY-LOSSES>                             24,094,485
<UNEARNED-PREMIUMS>                         31,476,478
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                             10,800,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       191,110
<OTHER-SE>                                  39,604,691
<TOTAL-LIABILITY-AND-EQUITY>               120,810,592
<PREMIUMS>                                  19,497,196
<INVESTMENT-INCOME>                          2,349,159
<INVESTMENT-GAINS>                             (30,299)
<OTHER-INCOME>                               4,638,510
<BENEFITS>                                  12,768,376
<UNDERWRITING-AMORTIZATION>                  2,021,976
<UNDERWRITING-OTHER>                         8,309,398
<INCOME-PRETAX>                              3,354,816
<INCOME-TAX>                                   998,047
<INCOME-CONTINUING>                          2,356,769
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,356,769
<EPS-PRIMARY>                                      .33
<EPS-DILUTED>                                      .33
<RESERVE-OPEN>                              15,905,704
<PROVISION-CURRENT>                         11,475,024
<PROVISION-PRIOR>                            1,278,351
<PAYMENTS-CURRENT>                           5,375,244
<PAYMENTS-PRIOR>                            12,915,285
<RESERVE-CLOSE>                             10,368,546
<CUMULATIVE-DEFICIENCY>                      1,278,351