Getting your mobile home insured.
If you own a mobile or manufactured home, then it’s vital that you secure the right insurance protection. Fortunately, many insurance providers offer specialty mobile home insurance policies. Here’s what you need to know about this special form of home coverage.
What is Mobile Home Insurance?
As the name suggests, mobile home insurance is coverage that is specifically designed to meet the dwelling, personal property, and liability coverage needs of a mobile homeowner. These policies typically offer the same coverage as a standard home policy with some added insurance options that only apply to mobile homes.
Mobile Home Insurance Coverages
Mobile home insurance can be broken down into four main coverages:
- Dwelling/Physical Damage Coverage– This portion of your mobile home insurance will cover the damages that your home sustains as a result of fires, storms, natural disasters, and other covered perils. Like standard home policies, mobile home insurance will not offer coverage for flood or earthquake-related damages. Flood and earthquake coverage can be secured as separate policies.
- Liability Coverage– This portion of your mobile home insurance will cover third-party injuries or property damages that you are responsible for. Not only will this coverage pay for their medical treatment and/or repairs, but it will also offer you financial protection in the event that the affected party decides to sue.
- Personal Property Coverage– This portion of your mobile home insurance offers coverage for the personal belongings that are stolen, damaged, or otherwise lost due to a covered peril. This form of coverage will help you pay to repair or replace your possessions when necessary.
- Mobile-Specific Coverage– Your mobile home insurance policy will likely include some special coverages not seen with traditional home insurance. For instance, because your home can be moved to different locations, your policy might offer trip collision coverage that will protect your mobile home while it’s on the move.
This is what you need to know about mobile home insurance. Do you have additional questions about your home coverage needs? If so, then contact the experts at East End Insurance Agency. Our dedicated team is eager to assist you with all your insurance needs today.