Mobile vs. modular homes
Both mobile or manufactured homes and modular homes are built in a factory rather than on a construction site. Mobile homes rest on a movable chassis and are never more than a single level. Modular homes can have multiple stories and sit on a foundation like a traditional house.
What mobile home insurance covers
A standard mobile home insurance policy typically includes the following coverage types:
Physical damage coverage
Pays to repair your mobile home if it's damaged by events covered by your policy. This typically includes:
- Fire and lightning
- Falling objects
- Wind and hail
- Weight of ice and snow
- Wild or stray animals
- Burst pipes
When selecting limits for this coverage, you want enough to cover the cost to replace your mobile home if it's destroyed.
Personal property coverage
Covers the cost to repair or replace your belongings, such as furniture and electronics, if they're damaged or stolen. Taking a home inventory is the best way to figure out what your stuff is worth and how much personal property coverage you need.
Pays for costs if a visitor is hurt and sues you, or you accidentally cause property damage or injuries to others. Depending on your insurance company, your policy may include other standard coverages—such as additional living expenses to reimburse the cost of a hotel in case a fire or storm makes your home temporarily unlivable. You may also find optional coverages you won't see in a homeowner insurance policy, like trip collision coverage to repair your mobile home if it's damaged while moving between locations.
If you have questions or would like to get a quote on mobile home insurance give us a call at Hennessey, Thames & Leavitt Insurance Agency in Vicksburg, MS. You can reach us by phone at 601-636-5560, email: firstname.lastname@example.org, or come by and visit at 1001 Belmont Street, Vicksburg, MS Check us out on Facebook or our website leavitt.com/vicksburg.