What is mobile home insurance & what does it cover?
Mobile home insurance is a type of property coverage designed specifically for mobile or manufactured homes. Also known as HO-7 insurance, a typical policy consists of several coverages for the structure of the home, your personal belongings, additional living expenses if your manufactured home is destroyed, and liability expenses if you're held legally responsible for an accident.
Here's the six standard coverages in a manufactured home insurance policy.
Coverage | What it covers |
|---|---|
Structure of the mobile home, including its walls, base, roof, and windows. | |
Additional structures or buildings associated with your unit, such as a shed, porch, or garage. | |
Personal belongings both on and off your property, such as furniture, electronics, and kitchen appliances. | |
Additional expenses you incur while relocating or staying elsewhere while your mobile home is being repair | |
Legal or medical expenses if you're found liable for damage or injury. | |
Medical expenses resulting from a guest's injury on your property. |
A typical mobile home insurance policy covers structural damage on an open perils basis, and reimburses for personal property damage or theft on a named perils basis. With open perils, you're covered against everything except the specific exclusions listed in your policy. With named perils, you're only covered against the perils specifically listed in your policy.
Named peril policy coverages
Smoke
Windstorms and hail
Explosions
Riots and commotions
Learn more >> What does home insurance cover?
How much does mobile home insurance cost?
The average cost of homeowners insurance is $1,754 per year. Mobile home insurance is often pricier than standard home insurance coverage, since there's a higher risk of the structure incurring losses due to windstorms, hail, and theft.
Your mobile home insurance rates will be based on a variety of different factors related to your and your home, including:
Where you live
Size of the home
Age of your home
Your claims history
Your policy deductible amount
Best mobile home insurance companies
Below are three insurers that offer or specialize in mobile home insurance. Keep in mind that policies may not be available in all 50 states and coverages can vary from company to company.
Foremost
2024 policycentral award winner
Foremost
4.2
All 50 states
Wind/hail deductible
Offers flood insurance
Offers earthquake insurance
Offers wildfire insurance
Why we chose it
Foremost is willing to insure high-risk homes that are older, showing obvious signs of wear and tear, or have an extensive claims history. And it’s not afraid to work with homeowners who have bad credit.
Pros and cons
Pros
Insures high-risk homes that are older, showing signs of wear and tear, or have a history of claims
Works with homeowners with bad credit
Offers guaranteed and extended replacement cost coverage for your home
Cons
Rates are 27% higher than the national average
More details
How much does Foremost home insurance cost?
The national average cost of home insurance with Foremost is $2,484 per year, according to sample quotes provided to policycentral from Quadrant Information Services. This makes Foremost about 27% more expensive than the national average.
State availability
Foremost homeowners insurance is available in all 50 states and Washington, D.C.
Foremost offers comprehensive mobile home policies, covering risks and causes of damage that other insurers may not automatically offer, such as damage caused by the weight of ice and snow. Foremost also offers optional replacement cost coverage upgrades for your belongings.
State Farm
2024 policycentral award winner
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
All 50 states
Wind/hail deductible
Offers wildfire insurance
Mobile app
Offers flood insurance
Smart home discounts
Why we chose it
At a time when several major insurance companies are no longer insuring homes in areas prone to wildfires or hurricanes, State Farm continues to offer its relatively affordable and highly rated home insurance to homeowners in every corner of the country.
Pros and cons
Pros
Save up to $1,127 per year when you bundle your home and auto insurance
Excellent line-up of policy add-ons, including extended replacement cost coverage
Cons
No longer sells home insurance policies in California
20% more complaints filed with the NAIC than other companies of its size
More details
How much does State Farm home insurance cost?
The national average cost of home insurance with State Farm is $1,887 per year, according to sample quotes provided to policycentral from Quadrant Information Services. This is higher than the national average of $1,754 per year.
State availability
State Farm offers home insurance policies in all 50 states and Washington, D.C.
State Farm offers all the standard mobile home insurance coverages, as well as fair rental value in the event that you rent out your mobile home. State Farm offers optional coverages like identity theft restoration and earthquake coverage.
Allstate
2024 policycentral award winner
Allstate
4.4
Bundle home & auto
Smart home discounts
All 50 states
Insures older homes
Mobile app
Offers wildfire insurance
Wind/hail deductible
Offers extended replacement cost
Offers flood insurance
Why we chose it
Allstate stands out for its willingness to cover a variety of high-risk features, including dangerous dog breeds, homes over 100 years old, and more, making it our runner-up pick for best high-risk homeowners insurance company of 2023.
Pros and cons
Pros
High-quality and flexible policy options
Numerous discounts and features that help you save
Below-average customer complaints
Cons
No longer sells home insurance policies in California
Below-average digital experience rating with J.D. Power
More details
How much does Allstate home insurance cost?
The national average cost of home insurance with Allstate $1,650 per year, according to sample quotes provided to policycentral from Quadrant Information Services. This makes Allstate about 13% cheaper than the national average.
State availability
Allstate offers home insurance policies in all 50 states and Washington, D.C.
Allstate stands out for its plethora of available mobile home insurance discounts, such as a protective devices discount for installing security measures like a home security system, or a multi-policy discount if you bundle your home and auto insurance.
Learn more >> The best home insurance companies for 2023
Is mobile home insurance required?
If you have a mortgage on your mobile home, your lender will require you to purchase insurance for it and keep the property covered until the loan is paid off. Some manufactured home communities may also require you to have insurance — regardless of whether you have a mortgage or not.
But even if neither of the prior two situations pertain to you, you should still consider purchasing mobile home insurance. If you were to go without it, you’d have to foot the bill yourself for any kind of repairs.
Keep in mind that if your home is classified as an RV — and you plan on driving it on public roads — you’ll legally need some sort of RV insurance to do so.
Frequently asked questions
Is homeowners insurance more expensive for a mobile home?
Homeowners insurance costs vary. Mobile homes can be higher risk to insure because they may be more susceptible to fire damage, but it really depends on the type of mobile home, square footage, location, and more.
Is it hard to get insurance for a mobile home?
Most major insurance companies offer mobile or manufactured homeowners insurance policies. That said, not every carrier offers mobile home insurance in every state. The agents at policycentral can help you compare multiple mobile home insurers to find the best one for you and your mobile home.
What is the average cost of mobile home insurance?
The cost of mobile home insurance typically varies from a few hundred dollars a year to a couple thousand. Insurers look at lots of different factors when calculating rates — like your home’s age, build materials, square footage, location, as well as your claims history and credit score.
