A mobile home, which is also often referred to as a trailer or manufactured home, is a factory-built home that is built on a chassis with highway-grade tires and wheels, and then transported to its permanent location. If you live in a mobile home, you may be wondering about home insurance options. Mobile home insurance is unique in that it is a separate policy outside of other insurance policies. Mobile home insurance is imperative to owners and residents of these types of homes due to the various unforeseen events that can occur, such as damage from extreme weather conditions, fire, natural disasters, or other risks.
Mobile Home vs. Homeowners Insurance
There are a number of differences between mobile home insurance and traditional homeowners insurance, which is mainly due to the various structural differences of a mobile home varying slightly from a standard home. For starters, mobile homes have previously been considered to be motor vehicles rather than permanent residences and were not covered under insurance for homeowners. While this is not the case for most modern homes, some states do require the mobile home to be insured as a motor vehicle rather than a home.
Mobile homes do not use the same materials as traditional dwellings, and mobile home insurance also covers more than just the home itself, but detached structures, the cost of bodily harm, and personal belongings inside the home.
How to Qualify for Mobile Home Insurance
The easiest and quickest way to qualify for mobile home insurance is to have a mobile home that is built to the Department of Housing and Development (HUD) standards. If your home is up to the HUD standards, you will have what is called a HUD tag on the outside of your mobile home; a small metal plate with stamped numbers. You may also find a data plate inside your home such as inside closets, cabinets, or the electrical panel with the same numbers.
If your mobile home has not been certified by HUD as being up to their standards to being safe and livable, you will need to have your home inspected in order to ensure your home is up to the standards of the state housing code. You’ll also need to prove that you are the owner of the mobile home in order to be approved for mobile home insurance.
What Does Mobile Home Insurance Cover?
- Mobile Home and Detached Structures is covered under mobile home insurance which will help pay for the repairs of your home as well as some detached structures such as your garage or shed.
- Personal Property coverage offers you protection against your personal belongings being damaged in an accident or other unforeseen event while in the home.
- Liability coverage provides financial protection from litigations or other legal judgments as a result of someone being injured on your property during the event or accident.
- Additional living expenses may also be covered under your mobile home insurance policy which offers financial assistance for living elsewhere while your home is being repaired.
If you currently own a mobile home, obtaining the proper insurance policy can not only protect you financially, but will also give you peace of mind knowing your mobile home, personal belongings, and assets are protected should an accident or natural disaster occur.