Mobile Home Insurance: An In-Depth Coverage Guide


If you own a mobile home, several threats could affect your house more severely than a traditional house. For example, many people have heard about the devastation a tornado can cause in mobile home camps.

As a result, any mobile homeowner requires a complete insurance policy to keep them safe. However, because of their unique construction and vulnerabilities, these houses do not qualify for the same types of insurance policies as traditional homes.

Instead, pursue a mobile home insurance policy. A mobile home insurance policy has several provisions that consider vulnerabilities specific to its construction.

If you're unfamiliar with these policies, don't worry! In this guide, we'll explore the ins and outs of mobile home insurance services.

Defining Differences Between Mobile and Traditional Homes

To understand the differences in these insurance policies, let's examine the essential variations between the types of homes. Mobile homes differ from traditional homes in one critical way.

When people build a traditional home, they do so by constructing it on-site. The builders construct it on a fixed foundation, making it a firmer structure than mobile or modular homes.

In contrast, mobile homes originate in a factory. When they arrive on-site, builders piece the house together and rest it on a moveable chassis. These houses also cannot include more than a single level.

The term "mobile homes" often becomes interchangeable with "manufactured homes." However, the US Department of House and Urban Development defines them differently.

Understanding the differences between these two can help you comprehend their insurance policies. In the following few sections, we'll discuss what mobile home insurance policies can cover.

Dwelling Coverage

When you look for a mobile home insurance policy, the first thing you'll examine is the coverage it offers the home itself. These fall under the category of dwelling coverage.

Several threats could cause damage to your home, which makes this coverage necessary. As such, dwelling coverage often includes protections for the following:

  • Fire and lightning strikes
  • Explosions
  • Vandalism
  • Damage from falling objects
  • Wind and hail
  • Accumulation of ice and snow
  • Non-domestic animal damage
  • Burst pipes

When examining a policy's dwelling coverage, look for a cost limit that can replace your house if it gets destroyed. Depending on which mobile home insurance services you examine, you may have the option to buy extended replacement coverage.

This coverage can help you pay for your house rebuilding if the costs come to more than you expected. As such, it provides an extra safety net for you.

There are also additional structural coverages. For example, your mobile home may include fences, sheds, and other structures detached from your home. These structural coverages protect these parts of your property.

Personal Property Coverage

A homeowners insurance policy covers more than your home structure. It will also provide coverage for your personal property.

Personal property coverage includes items like your furniture, electronic devices, and your other belongings. Should these items become stolen or damaged, property coverage will offer you money to replace them.

Typically, mobile home policies cover your property with an "actual cash value" amount, which means it offers you the approximate amount your property was worth at the time of the claim. However, this value will subtract your deductible from the total amount. 

How will the insurance company determine how much your items are worth? That depends on how accurate your records are. To ensure you receive the necessary amount, take a home inventory.

As you go, determine how much money your property is worth. From there, you can estimate how much personal property coverage you'll need.

Liability Insurance

Liability insurance helps you if a visitor becomes hurt and sues you. Alternatively, you may also cause property damage to somebody else or hurt them in some way.

What do you do in situations like these? Typically, that's when liability insurance kicks in. Liability insurance helps settle suits against you and may also help you pay legal bills. 

You may have trouble determining how much money to take out for your liability insurance. Typically, experts would advise that you get at least enough to cover your net worth.

Additional Coverage and Limits

Some mobile home insurance services may offer additional coverages. For example, they may provide money to reimburse the cost of a hotel if something should happen to your home.

Likewise, some services may offer trip collision coverage that helps repair your home if it becomes damaged during transit. These are not coverages that every company offers, however.

As with any insurance policy, mobile home insurance also has limits. Some things that many policies don't cover may include:

  • Flooding
  • Earthquake
  • Wear and tear
  • Insect or animal infestation
  • Damage caused by using your home for business purposes

There are often separate insurance policies you can buy to cover these items. For instance, if you live somewhere at high risk for flooding, you can purchase flood insurance.

Mobile Home Insurance Cost

Mobile home insurance typically costs less than $1,500 per year. Sometimes, you may find costs as low as $500. However, several factors affect the specific rates you pay, including:

  • Where you live
  • Your home's age
  • Home replacement costs
  • Limits and coverage options you choose
  • Deductibles
  • Claims history

Several mobile insurance companies offer discounted rates for these policies. You may receive a bundling discount if you purchase this policy with others provided by the company.

Many insurance companies also offer reduced rates if you install protective devices. These include home security systems, carbon monoxide detectors, and smoke detectors.

Find Your Mobile Home Insurance Today

If you live in a mobile home, a mobile home insurance policy is essential to protecting it. To receive the coverages we've discussed in this article, find a reliable insurance provider.

If you live in Massachusetts, check out our policies! We offer insurance for several properties, including RVs and trailers

We offer a commitment to top-quality service. To get started, contact us today!

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