How Much Does Mobile Home Insurance Cost?
You should consider how much mobile home insurance is as you contemplate buying a policy to protect your new home. Now, you must consider the variations and which policy is best for you. Getting the right package for you is also the best, with affordable options. Likewise, you may need to learn how affordable homeowners’ insurance in Connecticut is. Find out why you can afford to buy mobile home insurance and how doing so will ultimately save you money.
Which Manufactured Homes Need Mobile Home Insurance
Before searching for an insurance agent, it helps to know which type of home you live in. A manufactured home is any house construction workers build in a factory and then deliver to a site. Here are the specific types:
- Mobile homes – This term applies only to those structures built before specific housing regulations went into effect on June 15, 1976. They rest on a chassis rather than a foundation.
- Modular homes – Workers deliver these homes in one or more large pieces. They rest on a foundation or basement and look more like a traditional house.
- Panelized homes – These homes come in large panels to assemble on-site. Each panel consists of a wall already containing inside and outside features such as siding on the outside and painted drywall inside.
- Pre-cut homes – These require the most on-site assembly. Log cabins and dome houses are common types of kits.
What Mobile Home Insurance Covers
Dwelling coverage for a mobile home protects you in case of damage from fire, weather, vandalism, or explosions. You can also select additional coverage to protect your belongings in case of theft or to cover additional structures such as sheds and fences. Home insurance protects you from personal liability if someone becomes injured while on your property. The cost to defend yourself in court and pay for someone’s medical care can be devastating if you have to pay these bills without insurance.
How Much Mobile Home Insurance Costs
The average cost of mobile home insurance depends on the size of your home, the type of coverage, and the deductible you choose. Costs will also vary depending on the state where you live. Here are some estimates of how much you will pay per year for various sizes of mobile homes:
- Single-wide – $250 to $700
- Double-wide – $300 to $700
- Triple-wide – $550 to $1300
Considering how much it would cost to replace your house and everything inside, these yearly costs are well worth the investment.
Where To Find Mobile Home Insurance
If your house meets the description of a mobile home, then you may have a more challenging time finding an insurance company to cover you. The lack of building regulations before 1976 allowed manufacturers to build mobile homes according to whatever acceptable standards. Therefore, many models are prone to damage by wind and may have a higher fire risk. However, some companies do offer mobile home insurance policies.
Owning a mobile home puts you in a truly unique situation. Protect your piece of American housing history for as long as possible by investing in mobile home insurance that will pay for itself in long-term savings.
About Byrnes Agency
At Byrnes Agency, we offer insurance solutions that can be tailored to meet your specific needs. Whether you’re looking for personal policies or commercial coverage, we have the right coverage for you. To learn more about our products, contact us today at one of our two locations.
If you’ve enjoyed what you’ve read here and would like to know when we’ve published a new blog post, please “like” us on our Facebook page, and share this with your Connecticut neighbors.
Phone: (860) 774-8549
394 Lake Rd
Dayville, CT 06241
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm
Phone: (860) 886-5498
6 Consumers Avenue
Norwich, CT 06360
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm