If you and your family live in a mobile home, having the right insurance coverage is essential. The same sorts of perils that affect traditional homes, including damage caused by fires and inclement weather, also face mobile homes. Additionally, if you don’t have a reliable policy in place, you’ll be left to foot the bill for any damage that occurs. 

FAQ About Mobile Home Insurance

What does this insurance cover?

While policies can vary, mobile home insurance usually covers:

• The Dwelling Itself: Damage to the walls, roof, and deck of your mobile home are covered by these policies.
• Your Belongings: Much like a home policy, protection also extends to your personal belongings. Along with other covered perils, theft if often included in this insurance coverage. 
• Other Structures: Coverage usually includes free-standing, permanent structures on your property, such as a garage.

As part of your policy, you’ll also receive liability protection, which is useful if someone is injured at your home or if your property causes damage to someone else’s. Court costs, lawyer fees, medical bills, and lost wages can also be covered. 

Is it the same as modular home insurance?

A modular home is closer to a traditional dwelling than a mobile home. The elements of a modular home are constructed in a warehouse and then assembled on a plot of land. Accordingly, this type of insurance is not useful for people who have mobile homes and are in search of coverage. 

Is it mandatory?

This depends on where you live. Even if insurance coverage is not required legally, many mobile home parks and financing companies require owners to purchase a policy. Remember, without insurance, you’ll be responsible for any costs incurred. 

How much insurance do I need?

Consider the age of your mobile home. How much are average repairs? How much would it cost to replace the home outright? Also, consider your belongings and how much they would cost to replace. This should give you a general idea of how much insurance you’ll need to remain protected. 

If you still have questions, speak with a knowledgeable insurance agent at Pella Mutual Insurance Company in Marion, WI. They’ll sit down with you to discuss the risks facing your property and help you determine how much insurance you need to ensure you’re properly protected. They pride themselves on offering affordable coverage to clients, whether you’re insuring a home, farm, or commercial property. Find an agent today by visiting them online or call (715) 754-5039 to schedule a consultation.