Mobile homes are a cost-effective alternative to traditionally constructed houses, offering all the comforts and features at a fraction of the price. However, these structures are especially vulnerable to windstorms and other natural disasters, which makes them ineligible for standard homeowner's insurance policies. Fortunately, many carriers offer coverage options specifically designed to protect individuals against the unique risks mobile homes face.

What Is Protected Under Mobile Home Insurance?

Structural Damage

In many respects, mobile home coverage resembles average homeowner’s insurance policies. The most important element of these policies is property protection, which covers the cost of any damage caused by a covered event. If a windstorm damages a wall or a fire breaks out, your mobile home insurance will pay to repair the structure, or will replace it if it’s beyond repair.

Home Contents

In addition to protecting your home, mobile home insurance also protects your personal possessions, from your expensive electronics to your clothes and dishware. For example, if your roof is damaged by a storm, your mobile home insurance will pay to replace anything that’s ruined by water damage.

Owner Liability

Like homeowner’s insurance, a mobile home policy includes liability coverage to protect the owner against potentially devastating lawsuits. If someone slips on your walkway or your dog bites a visitor, your mobile home insurance will pay the victim’s damages, as well as any legal expenses you incur.

How Much Does Mobile Home Insurance Cost?

Mobile homes are typically less expensive than traditional houses, which translates to lower insurance costs. Whereas homeowner’s insurance can cost thousands of dollars per year, you may be able to get mobile home coverage for as little as $250 a year. However, your rates will depend on a variety of factors, including the location of your mobile home, its value, and even your credit score.

If you own a mobile home near Bolivar, MO, contact the independent insurance agents at Financial Strategies Group Inc. DBA Arlene Lear Insurance. This team has the skills and resources to protect your most valuable asset from the unexpected. For over 40 years, they’ve provided mobile home, auto, and homeowner’s insurance policies to clients from their Bolivar and Humansville locations. Visit their website to request a mobile home insurance quote, or call (417) 777-3000 to reach the Bolivar location and (417) 754-8377 to reach Humansville. For more tips and advice, follow their Facebook page.