What is mobile home insurance?
Mobile Home Insurance is a type of policy in which covers the damages that occurred to the home, personal items, or even liability claims/coverage.
You will find this type of insurance also referred to as: manufactured home insurance.
Manufactured homes/modular homes/mobile homes are often not written by standard home insurance companies, although there are exceptions.
These are types of homes that are pre built and constructed from a factory and are built on a fixed metal frame instead of a permanent foundation.
Why do you need mobile home insurance?
While mobile home insurance is not required by law, some communities for mobile homes or mortgage companies may require you to have the policy. Another reason for getting mobile home insurance is to ensure you don’t go through a huge financial loss if uncertain circumstances were to arise.
What does mobile home insurance cover?
Mobile Home Insurance will cover liability protection, dwelling coverage, personal property, additional living expenses, and additional structures (such as a garage or shed).
What does manufactured home insurance not cover?
Mobile Home Insurance will not cover any damages that occur to the home or belongings in the event of an earthquake, in-transit incidents, or flooding from the outside.
What’s the difference between mobile home insurance and homeowners insurance?
Coverages on mobile home policies and homeowner policies are the same. The main difference is that they are written differently. A Homeowners policy is written on a HO3, while a mobile home policy is written on a HO7.
How can you reduce mobile home insurance costs?
There are a few ways you are able to lower the cost of your mobile home insurance premium.
When bundling a home and auto policy you can save more money, also you can save by installing protective equipment such as smoke detectors/alarms.
Another way is by having a newer model mobile home and/or being set up for automatic payments. Lastly, you can save up to 10% on money if you are of the age 55 and up, or 5% if you are the original homeowner. Depending on the carrier, you may be eligible for additional discounts to decrease the premium cost.
Some of Our Trusted Insurance Carriers
Our top choice for manufactured home insurance is Foremost Star. But we offer great products through multiple other carriers.
Even if you don’t know A Plus Insurance (you need to though!) perhaps you recognize some of these well known companies…
| Other Links for Home and Manufactured Home Insurance |
|---|
| Progressive Idaho |
| Flood and Earthquake Insurance Guide |
Last Updated on by Veronica Moss