Manufactured Home Insurance

Manufactured home insurance provides two basic kinds of coverage: physical damage and personal liability coverage. Choosing the right insurance policy is much like choosing the right manufactured home. You will want it to fit your needs and lifestyle, but you will also want it to be within your budget.

These coverage options are available for rental or commercial manufactured homes, manufactured homes that are used seasonally, or manufactured homes located in a park or on private property. If you already have auto or homeowners insurance, you can try contacting your current insurance company to see if you would be eligible for a discount.

Physical Damage

Physical damage coverage pays for accidental damage to your manufactured home, belongings, or other structures (such as attached patios or decks, garages or storage sheds) resulting from fire, hail, wind, theft and vandalism, or falling objects. The amount and degree of coverage varies from one policy to another, so make sure to compare policies carefully.

Some policies only cover specific causes of loss. This is basic coverage and while the low premiums may seem like a bargain, it could cost you hundreds of dollars in the event of a claim.

Generally, coverage under a regular policy doesn’t apply while the mobile home is in transit. Also, like regular homeowners insurance, flooding is not generally covered, so be sure to find out whether you are in a flood zone and take the appropriate steps in acquiring flood insurance

Personal Liability Coverage

Damage to your property isn't the only hazard of everyday life. Liability insurance coverage applies when there is a claim or a lawsuit against you after someone is injured or their property is damaged because of your activities. That amount may be more than what comes standard with a mobile home insurance policy, so it may be wise to consider purchasing additional liability insurance. Claims might include medical expenses, lost wages, pain and suffering, and even property damage. However, liability coverage does not pay claims for injuries to you or the members of your household.

Not all insurance companies offer manufactured home insurance in all states. Check with your agent or insurance company to determine the availability of coverage in your state.