Your home is one of your biggest and the most daring of all your investments, so choosing the best home insurance company out there is very important. However, regular house owners’ insurance usually does not apply to mobile homes.
Instead, mobile homeowners should take out mobile home insurance to protect their homes in the event of a disaster.
Of course, you want the best price but you also want the right combination of coverage from companies that can afford your disaster insurance. Reliable customer service is also an advantage.
Take all these factors into consideration when choosing the best insurance company for your home.
Table of contents
What is Mobile Home Insurance?
Mobile home insurance is insurance that provides protection for liability, downtime, medical expenses, housing, other buildings, and personal property.
Because mobile home is manufactured in the factory and shipped to the field, factors such as the use of lightweight construction materials also play a role in how much a mobile home policy cost.
What the Insurance Covers
Just as the regular home insurance, you can expect up to six types of insurance coverage for your mobile home insurance policy. These will either be in your base policy or available as an endorsement:
Personal Property Coverage
If any natural disaster event destroys your personal belongings, your insurance will pay to replace them. Most mobile homes insurance policies have a real cash value (ACV).
This means that you can get enough cash to exchange items based on depreciation. Usually, you can buy a replacement cost compensation guarantee to replace your item with a new one.
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Liability Coverage
If you cause personal injury or property damage to someone or their property, your policy will cover medical or replacement costs. In addition, if you are sued, you will pay the attorney’s fee.
Coverage for Additional Living Expenses
If the repair of your home makes it temporarily habitable, your policy will cover living expenses such as hotel room and meal costs.
Coverage for Medical Payments to Others
If a guest visits and gets injured in your home, your insurance company will cover a certain amount of their medical bills.
Dwelling Coverage
This type of protection covers the cost of rebuilding a mobile home like new.
Most insurance companies will give you a quote to answer questions about your home, but contact your local appraiser for the most accurate reconstruction costs.
Also, the policies should cover other detached structures on your property, like a shed or fence.
Best Mobile Home Insurance Companies
1. Foremost
Foremost Insurance Group was founded in the year 1952. Foremost has more than 38,000 agents on behalf of the company, willingness to provide policies to mobile homeowners despite credit issues, and the types of discounts available.
Foremost also offers a high degree of exchange protection (not always offered by other insurance companies).
Therefore, if your home is declared a total loss, you are entitled to an additional refund of up to 20% above the value of your insurance policy.
One discount you may be eligible for is a discount on protective equipment, including a central security alert in your home.
Some of the things that make them the best are that they are highly endorsed by AARP, provide discounts to its members, and are willing to write policies for those who have had credit issues and older dwellings.
2. Allstate
Allstate is one of the largest insurance companies in the country. We have selected it as the best insurance company for retirees because of its customized discounts and the ability to meet face-to-face with Allstate agents.
Allstate offers standard mobile home insurance similar to other companies, including Optional covers include protection from water backups, refunds for eco-friendly improvements, and electronic data recovery.
The best part is it has a mobile app available and a lot of optional coverage options.
3. Progressive
Progressive insurance covers your home in the event of fire, hail, theft, vandalism, explosions, or other insured hazards. It also includes the actual cash value of the property, disability compensation, and liability insurance.
Homeowners vary from state to state, but you can also add travel collision insurance and replacement cost insurance.
One of the big progressive discounts is the ability to bundle RV and car policies and be responsible for only one deduction. Qualifications must apply to both and this offer is not available in all states.
4. American Family Insurance
The American Family provides standard insurance for fire, theft, vandalism, other insured risks, personal liability, downtime, and medical damages if a guest is injured on your
property.
Policyholders have the option of adding optional coverage. Hidden floods, proper siding, travel collision insurance, and other structural property insurance.
As a customer, and for new homes, this insurance company offers regular discounts such as policy bundles, participation in automatic payments, and installation of security devices (including those for smart homes). Insureds whose parents are also policyholders will receive a discount.
5. American Modern
American Modern’s standard coverage is simple, protects against insured dangers such as fire, wind, and lightning, repairs based on actual cash value, but also have the option of upgrading to replacement costs.
There is also health insurance, property insurance, and actual cash value insurance for the property.
Optional insurance covers include seasonal and empty campers, protection against water stagnation, full repair bill settlement, and extended insurance coverage for additional causes of damage.
The main advantages of choosing American Modern are; having overage for older mobile homes, coverage for vacant or seasonal mobile homes & flexible payment options.
6. Kin (Florida Only)
Kin Insurance manages dates and policy packages that are precisely tailored to your needs. The best part?
Thanks to Kin’s simple and efficient online application, you can insure your home or property in less than 15 minutes. The more your home can withstand Florida weather, the cheaper your premium will be.
Their customer service reps answer your questions right away and for Kin customers, home insurance policies offer hurricane and wind protection.
7. Insurify
Most mobile or manufactured homes insurance don’t come inclusive with car insurance but Insurify does.
Insurify allows users to compare home insurance quotes across the country, from Florida to Texas to California.
You do not need to consult an insurance agent to get a quote for your new home. Unlock discounts, switch coverage options, and compare offers in minutes.
8. Assurant
Assurant Mobile House Insurance offers a variety of insurance products to protect new and used prefabricated homes. Assurant is a mobile home insurance partner for GEICO, Progressive, and Liberty Mutual.
Notably, Assurant offers online quoting for mobile home insurance policies. Also unique for including flood insurance coverage in its mobile home policies.
9. MetLife
MetLife is a reputable insurance company with sufficient coverage of homeowners insurance. If you are looking for online tools and support, it doesn’t offer much.
Even that website lacks basic information about its policies, coverage options, and support. MetLife is ideal for those seeking compensation for replacement costs.
MetLife offers a variety of discounts that can reduce your premiums, including security, associations, employer discounts, and savings from home and car insurance bundles.
10. State Farm
The State Farm Manufactured Home Policy provides accidental, direct physical loss to your dwelling and named peril coverage for your personal property.
While the State Farm Manufactured Home Policy provides broad coverage, it does not cover for every loss.
State Farm does not cover damage caused by continuous or repeated seepage or leakage of water or steam and damages caused by birds, rodents, insects, or domestic animals.
11. Geico
Choosing a GEICO insurance agency makes affordable mobile and prefabricated home
insurance easier.
With online quotes, you can quickly adjust coverage and choose a payment plan that fits your budget.
The policy for mobile or prefabricated housing using Geico provides compensation for homes, personal belongings, and buildings against fire, wind, hail, floods (excluding floods), theft, hurricanes, visitor injuries, and more.
12. National Home Insurance
National Mobile Home Insurance is an Arizona domiciled insurance agency offering personal lines insurance products to owners of mobile and manufactured homes in 42 states.
You do not need to consult an insurance agent to get a quote for your new home. Unlock discounts, switch coverage options, and compare offers on-site.
13. Liberty Mutual
Liberty Mutual Insurance covers your home in the event of fire, hail, theft, vandalism,
explosions, or even small house accessories like TV, appliance, and tools. It also includes the actual cash value of the property, disability compensation, and liability insurance.
14. Amfam Insurance
Amfam Insurance insures on all home damages such as fire, wind, and lightning, repairs based on actual cash value, but also have the option of upgrading to replacement costs.
Optional insurance covers include seasonal and empty campers, protection against water stagnation, full repair bill settlement, and extended insurance coverage for additional causes of damage.
15. Alliance321
Alliance321 Insurance is one of the only agencies in the state to give you a live online mobile home insurance quote from multiple carriers. They deal with multiple insurance companies to help you save time and money in getting your policy started.
What to Look for in Mobile Home Insurance
When buying mobile home insurance, look for a provider that covers the cost of replacing your camper.
Depending on your age, these policies often cover the cost of repairing or replacing your home up to the value of an equivalent unit.
If your home is old, some replacement cost policies will convert the amount of coverage to the fixed amount listed in your policy.
Ask whether it covers the storm. Higher deductions may be required for damage from certain types of storms.
It is possible to change this deduction amount to a cheaper amount. Also, if you are in an area where floods are a problem, ask about flood control.
Many RV insurance companies also offer flood insurance, and you can get a discount if you use both insurances together. You can also find an agent who has experience in creating mobile home insurance and can help you with your purchase.
Conclusion
Not all these insurance providers will give you a quote online. Skip the calls and hold music.
Just use the home insurance quotes comparison site to see how low you can go on a homeowners insurance policy. Compare quotes from several top companies all at once.
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