Mobile homes are fragile structures and are especially vulnerable to damage from wind and fire. Your possessions are not covered by your landlord’s insurance, so if you don’t have renters insurance you could lose everything you own.
What Does Mobile Home Renters Insurance Cover?
Mobile home renters insurance typically provides two types of coverage:
* Personal property coverage, which protects your belongings if they are damaged, destroyed, or stolen
* Liability coverage, which pays if you damage someone else’s property or if someone is injured while on your property
The insurance may also include loss of use coverage, which will help with living expenses if the mobile home is damaged and you need to live elsewhere while it is repaired. If this coverage is not automatically included, you may be able to purchase it for a small extra cost.
Where Can You Find an Affordable Policy?
Renters insurance policies for a mobile home are very affordable, usually only a couple hundred dollars a year or less. To make sure you’re getting the best price, it’s a good idea to comparison shop for your policy by going to an insurance comparison website.
You’ll fill out a simple online questionnaire with information about yourself and your insurance needs. Once you submit the questionnaire, you’ll receive quotes from multiple A-rated insurance companies and you can choose the cheapest one.
The best insurance comparison websites even offer an online chat feature so you can get fast, accurate answers to all your mobile home renters insurance questions directly from knowledgeable insurance professionals (see link below).
To keep your premium as low as possible, set your deductible as high as you can afford. With a high deductible, you’ll pay more toward any claims, but your premiums will be much less.