Mobile homes, also called manufactured homes, have been growing in popularity in recent years, thanks to their affordability and simplified lifestyle. From young people embracing minimalism to families on tight budgets to retirees looking to downsize, more people than ever are turning to these compact dwellings.
Like any other home, your manufactured home is a significant investment, and you'll want to protect that investment over the years. Mobile home insurance is typically not required by law, but your financing provider or mobile home community may require it. Even without any requirements to have it, it is still a good idea to maintain coverage, if only for your own peace of mind.
How Mobile Home Insurance Works
Mobile and manufactured home insurance policies operate similarly to typical homeowners insurance policies and include the same components:
In general, manufactured home insurance is more costly than standard home insurance as there is greater risk of damage in fires, earthquakes, hurricanes, and other extreme weather conditions. To help find a policy that will work for your budget, get in touch with the insurance experts at PowerSports Insurance Agency. We'll be happy to tailor a policy to meet your specific needs.