Unlike with car coverage, there’s no state law that requires you to carry mobile home insurance. However, it’s a valuable risk management tool you should consider. It protects you financially in a number of ways you might not realize. Below, Barron Mutual Insurance Company in Barron County, WI, answers some of the most frequently asked questions about mobile home insurance. This information should help you decide if this type of coverage is right for your circumstances.

What You Should Know About Mobile Home Insurance

Is Mobile Home Coverage Required?

As mentioned above, there are no laws requiring you to buy insurance for your manufactured home. However, if you finance the purchase, your lender will almost certainly require you to insure it to protect their investment. Moreover, many mobile home parks require proof of coverage before they'll rent you a spot.

What Does Mobile Home Insurance Cover?

Most policies cover the structure of the home—and other structures on the property like sheds and decks—against damage by fire, storms, vandalism, and certain other hazards. They also cover the contents of the home should they be stolen, damaged, or destroyed. Moreover, they pay for legal fees, medical care, and repairs if you or a member of your household—including pets—should injure someone or damage their property.

What Is Not Covered?

Most insurers exclude damage caused by floods, earthquakes, mudslides, civil unrest, sewer backups, or military actions. Your policy also doesn’t cover damages you inflict intentionally or allow to happen due to negligence.

Are Modular Homes & Mobile Homes the Same?

They are two different types of dwellings, so if you have a mobile home, you should not buy modular home insurance. Mobile homes are delivered in one piece, have a metal frame, and feature metal tie-downs that attach them to the ground. Modular homes are delivered in multiple sections, look like a traditional home, and are placed over a basement or crawl space.

The information above should help you decide if mobile home insurance is right for you. For more in-depth guidance, contact Barron Mutual Insurance Company. They have nearly 130 years of experience and expertise providing everything from farm to homeowners insurance. Visit their website to learn more about their services, or call (715) 537-5141 to speak with an experienced insurance agent.