Mobile homes are small, manufactured residences that owners can transport to wherever they want to reside, whether on a plot of rural land or in a full hook-up park or resort. Like homeowners insurance, mobile home insurance is an essential financial tool, and owners should utilize it to protect their assets. If you own a mobile home, Lafever Insurance Agency in Cookeville, TN, explains below why it's so important to buy the right coverage.
Why Mobile Home Insurance Is Essential
It Protects Your Home
Mobile homes are often attractive and affordable, but they are not as sturdy as traditional homes and are susceptible to damage from inclement weather, hail, or high winds. Mobile home dwelling coverage pays to repair or replace the structure if it suffers damage due to fire, storms, falling objects, or vandalism. It typically covers sheds, garages, decks, and other structures on your property, as well. Note that flooding and mudslides are not typically covered under a basic policy and must be purchased for an additional amount.
It Protects Your Belongings
Personal property coverage protects the contents of your mobile home. It pays to repair or replace them if they are damaged, destroyed, or stolen. This includes appliances, furniture, electronics, clothing, and more. It even covers belongings lost while you're traveling for work or vacation. For instance, if a camera or laptop is stolen from your hotel room, your mobile home insurance policy will pay to replace it.
It Covers You Against Liability
Personal liability coverage protects you against property damage and bodily injury liability. It pays for medical treatment and repair/replacement costs if you injure someone else or damage their property. It also pays the legal costs—lawyer fees, court costs, and judgment or settlement amounts—arising from the incident. For instance, if your son should break a neighbor's window with an errant baseball, your mobile home insurance would cover the cost of repairs.
The different types of coverage included under a mobile home insurance policy protect you and your family against myriad hazards. To discuss your affordable insurance options with an experienced agent, contact Lafever Insurance Agency in Cookeville, TN. They also specialize in motorcycle and auto insurance, making them a one-stop shop for all your coverage needs. Contact them online or call (931) 526-3377 to receive invaluable expert guidance.