If you own a mobile home, you may be wondering about our mobile home insurance options. Insurance is a necessity no matter what kind of home you own. Insuring a mobile or manufactured home is a unique process but it doesn’t have to be stressful or overly-complicated. Gila Insurance group works with quality insurance partners to ensure the people of New Mexico, Arizona, and Utah have access to the best insurance possible. This includes insuring your mobile home. If you’ve been pulling your hair out trying to find decent coverage for your mobile home, Gila Insurance Group can help. Read on to learn more about Mobile Home Insurance and get in touch today with any questions.

What Does Mobile Home Insurance Cover?

There are a few ways that mobile home insurance differs from traditional home insurance but there are a lot of similarities as well. One of the ways they are similar is that, like with traditional home insurance, mobile home insurance policies tend to be customizable. What they will cover depends on the policy. Coverage limits can be adjusted and endorsements added as needed. Manufactured home policies typically include basic coverage for physical damage and liability. Physical damage coverage covers everything from fires to falling objects. Much like traditional home insurance, certain types of disasters are not covered and require additional coverage, such as flood or earthquake insurance. You must decide for yourself if these things are worth having depending on your risk. Personal liability coverage protects you from legal recourse if someone is injured on your property and can cover medical expenses.

Is Mobile Home Insurance Different Than House Insurance?

Though mobile home insurance and traditional home insurance serve the same basic purpose of protecting you should something go wrong in your home, there are some differences. Mobile homes are very structurally different than other types of dwellings and therefore require specific types of insurance to cover specific types of risks. Mobile homes are targeted more often in thefts and things like fires and wind pose greater risks to mobile homes than traditional dwellings. Because of the increased risks associated with owning a mobile home, insurance companies typically prefer to group mobile home insurance into its own category rather than considering it part of traditional home insurance.

Do You Have To Have Mobile Home Insurance?

Mobile home insurance is typically optional. Rarely will you be required by law to purchase mobile home insurance but they are required by the terms of some mortgages. Depending on how you are paying for your mobile home, you may need to insure it. Many mobile home communities also require their members to have their homes insured. Even if mobile home insurance is not a requirement for you, it is still very important to have. You never know when things will go wrong and you don’t want to be stuck paying for an expensive disaster out of pocket.

How Expensive is Mobile Home Insurance?

The cost of your mobile home insurance will depend on many factors. Things such as the value of your home, the size of your home, the age of your home, the value of your personal belongings, the location of your home, the repair and renovation history of your home, and your security features can all be taken into account. In addition to considering your mobile home itself, the cost of your mobile home insurance will also depend on things like your coverage. Better coverage and lower deductibles are typically more expensive than less coverage with higher deductibles. In order to meet your budget, it is a good idea to shop around for a plan that will meet your insurance needs without forcing you to pay for extras you don’t feel you need. While it is impossible to know what you will need to pay without first considering your personal situation, the average mobile home owner will pay between $500 and $1100 a year to insure their home. In order to get a better idea of what you would be paying to insure your mobile home, inquire about a personalized quote.

Can Mobile Home Insurance Be Bundled?

Mobile home insurance can be bundled! Many insurance companies will offer discounts for bundling with your auto insurance or other types of insurance. You can also get discounts by upgrading your security features, such as by installing a security system or by getting stronger locks. Making sure your alarms such as your smoke detector and carbon monoxide detectors are up to date can also save you some money on your mobile home insurance.

How Much Insurance Do I Need?

As discussed above, how much insurance you need depends on a multitude of factors. Depending on your budget and the risks inherent to your area, you may want to consider more coverage. At a minimum, your mobile home insurance should offer dwelling coverage and personal liability coverage. You might also want to consider personal property coverage.

At Gila Insurance Group, we are passionate about getting our clients the best possible coverage. We know how important your insurance coverage is. Take the headache out of shopping for insurance. If you are in the market for mobile home insurance, or need help finding good rates on any type of coverage, request a quote today!