Buying a mobile home is an inexpensive route to property ownership. If you have recently purchased — or plan to purchase — a manufactured or mobile home, there are several things you should know about protecting your asset. Texas County Mutual Insurance, the most trusted and experienced insurance agency in Licking, MO, will explain everything you need to know about mobile home insurance. Since its founding in 1904, the company has been providing a broad range of dwelling, machinery, and farm insurance policies customized to the individual needs of clients in Texas County.

What Mobile Home Insurance Covers

Mobile home insurance, like traditional home insurance, typically covers two primary factors: the physical structure and the owner’s liability.

Property damage coverage indemnifies you against the costs of physical damage to the dwelling in the event of fire, vandalism, hail, windstorms, and other events. It usually does not cover flooding or tornadoes, which require additional insurance riders. Mobile home insurance typically covers other structures on your lot, such as fences, porches, garages, and storage sheds.

Liability coverage protects you against the costs of a lawsuit if someone is injured on your property or suffers property loss or damage. Note that this coverage does not cover injury to you or your family, or damage to your mobile home.

Ways To Reduce Mobile Home Insurance Costs

You can reduce the cost of mobile home insurance — and make mobile home living safer — if you consider the following factors before purchasing a manufactured home. The home should meet U.S. Department of Housing and Urban Development construction and safety standards, since some companies will not insure homes that don't meet these standards or were built before the standards were put in place. Exterior pipes and plumbing should be well insulated to avoid freezing and water damage. Ground anchors and tie-downs should be used to prevent or minimize damage from storms.

Texas County Mutual Insurance, the most reliable insurance experts in Licking, MO, offer invaluable advice when you're shopping for farm insurance, machinery coverage, or mobile home insurance. Visit them online to learn more about their services, or call (573) 674-3125 to speak to a friendly, knowledgeable agent about your insurance needs.