What Is Mobile Home Insurance?
Whether you’re living in your mobile home seasonally or year-round, it’s only natural to protect your property and belongings, and mobile home insurance can perfectly cope with the task. It covers the physical structure of your home and protects your furniture, clothes, and belonging according to the contact.
What Can You Cover With This Insurance?
This will vary depending on whether you’ve chosen a basic or an advanced package. The most popular types of coverage include:
- Structure: the walls, roof, and the overall structure of the building.
- Property: stereos, furniture, and belongings alike.
- Guest medical: the cost of medical expenses for a person injured on your property.
- Liability: protects you against lawsuits or claims filed by a person injured on your property, or if you’ve injured someone else’s property.
- Trip collision: covers the damage caused during transportation of your mobile house.
You can also opt for an extensive mobile home insurance package offered by numerous insurance companies.
How Much Would It Cost to Get Mobile Home Insurance?
It will depend on how much of it you need. On the one hand, it’s crucial to have enough protection so that you could feel safe; on the other hand, you don’t want to overpay for unlikely events.
To give you a ballpark figure, the average annual cost of mobile home insurance is between $400 and $1,000. Note, however, that mobile home insurance policies are typically more expensive due to the higher associated risks.