Buy Mobile Home Insurance Online

Today it’s easy to buy mobile home insurance online and save hundreds. The Internet is reshaping the way we buy everything from clothes to insurance. In the past, consumers would call an agency and make an appointment to talk to an agent. This approach to purchasing mobile home insurance took a long time and could not guarantee the lowest quote. 

With direct home insurers, consumers can now buy more coverage for less. They can often get a better policy at a lower rate than through a traditional agent, all online. Enter your zip code to get started and complete a simple quote application. You can compare multiple quotes at sites like our Citizens Insurance in under five minutes. 

Mobile Homes are Popular in the United States

In 33 states in the USA, about 5% of houses are manufactured or mobile homes. Nationwide, there are almost 10 million of these housing units altogether. One of the main benefits is cost and the ability to transport the house to another location. 

For many people, housing costs are out of reach. The only way to secure the American dream of property ownership is to buy a manufactured or mobile home. Much of the growth in the U.S. housing market is due to these structures’ increased popularity. The average cost of a home in America grew to over $400,000 in 2021. Additionally, home values are expected to increase even more in 2022. 

Real wages have not kept up with the soaring cost of homes. Rising real estate costs for traditional homes is one reason why more and more consumers are turning to Manufactured homes. Low-income buyers in the market for a new home have found that they can only afford a mobile home. 

Roughly 17.1 million people in the United States live in manufactured homes, and they are more popular than ever due to the explosion in Real Estate values. Get a free Citizens mobile home insurance quote and save hundreds with direct pricing.

What Exactly Is a Mobile Home?

Some people think the terms “mobile” and “manufactured” are somewhat similar but different. The truth is they usually mean the same thing. When the HUD government agency began to impose stricter regulations on mobile homes in the 1970s, many people started to refer to them as manufactured homes. 

A mobile home is similar to being built in a factory and then shipped to the buyer’s residence. A modular unit is a bit different. It is often made in sections at a factory and then semi-constructed at the home’s location, much like a traditional house. These structures reflected the new HUD guidelines governing these units’ construction.

Mobile Homes Often Decrease in Value Over Time

Unlike a home constructed from the foundation on the up, mobile homes are seen as assets that depreciate or do not go up much in value. Many finance companies see these structures as vehicles because they will depreciate over time. 

The finance companies need to factor in depreciation instead of the traditional site-built house’s usual appreciation. There are exceptions, such as manufactured homes in a prime location, near the beach or popular casino, etc. It’s also difficult for many consumers to get a 30-year mortgage for manufactured homes.

Rates Vary Between Traditional Homes and Manufactured Homes 

Mobile home insurance is a little different than covering a traditionally built home. Insurance carriers view regular homes differently because they are built “on-site” from the foundation, with better and stronger materials, and usually cost significantly more than a manufactured home.      

On the other hand, mobile or manufactured homes are usually assembled in a factory, delivered via truck to the lot, and affixed to the foundation. These structures are still homes and need to be insured carefully. Let’s look at how to buy mobile home insurance online with the best coverage that will save you hundreds.

Insurance Limits for Your Mobile Home

For many people, their mobile home will be one of the largest assets they buy in their lifetime, if not their most significant. Mobile homes in some areas of the U.S., like San Diego, can be worth over $300,000. That is a more excellent value than many traditional homes across the country. A solid mobile home insurance plan must be implemented to protect it. 

Getting a secured policy that covers your home’s value makes financial sense. This way, if your modular pad is worth $100,000, that is the coverage amount you need to aim for. If you are lucky enough to own a manufactured home overlooking the ocean in Santa Barbara or a desired coastal area, it could be worth over $500,000. This means you must secure enough coverage to replace the home’s value. In this case, you should get insurance limits near $500,000 to cover the replacement value of your home. 

If you live in an area prone to natural disasters like hurricanes, flooding, and tornados, your policy needs to cover these weather events. You can get coverage for as little as $29 a month if you compare Citizens mobile home insurance quotes online. Enter your zip code to start your free direct quote today. 

Mobile Home Insurance Costs

Mobile homes, in general, are a bit expensive to insure relative to the value of the structure. There are several reasons for this. One is that manufactured homes tend to get broken into more. Another reason is severe weather events, like a tornado, tend to suffer much more damage. Most mobile houses will be totaled in a direct hit from a tornado or hurricane. Remember, these units are not built upon a strong foundation and can easily be damaged in extreme conditions, like flooding or hurricanes.

Pricing depends on several factors the property’s age and value, the deductible amount, coverage type, and location. The average cost of insuring a mobile home in the United States can vary from $250 per year to over $800. In an area like California with higher property values, insuring a manufactured home may cost $800 or more per year. 

In contrast, a single-wide unit in rural Alabama valued at $28,000 may only cost $260 annually. Remember that the mobile property’s size will also affect insurance prices. Double-wide houses will cost more to cover than single-wide ones. Get your free Citizens manufactured home insurance quote and compare rates in minutes.

Get the Right Manufactured Home Insurance Policy

Just like with any policy, mobile home insurance coverage has several types, including:

• Liability Insurance – This type of insurance will cover you if someone is injured on your property and files a claim for damages.
• Property Damage – It is the essential aspect of your policy and will cover your home for any damages that might occur. This includes but is not limited to, events such as natural disasters, fires, etc.
• Contents Insurance – An excellent solid policy will cover damages, theft, and legal liabilities. This coverage will protect you financially in the event your personal property inside your home is damaged. Flood insurance may be purchased as an option and may be required to obtain financing if the property is in a high flood area. 

The most important thing is to insure your home for its value and the unique contents you want to protect. So, if the value is $125,000 and the contents inside are worth $25,000, then $150,000 is a benchmark you should get covered for.

How to get Cheap Mobile Home Insurance Online

There are several ways you can get cheap mobile home insurance. The best place to compare the best rates is direct and online. Many insurers have special online rates that you might not be able to get through a broker or local agent. 

Here are a few tips that can save you more on mobile home insurance coverage:

• Bundle your manufactured home and auto insurance policies together: This will not only make your life easier, but it can save you up to 20%
• Get a higher deductible: The higher your deductible amount, the lower your monthly premiums will be
• Install safety devices like a smoke or carbon monoxide detection device: This will save you about 5%.
• Buy mobile home insurance online with direct carriers: The best rates for manufactured mobile home insurance will almost always be found online. You can compare rates and companies online in only a few minutes. 

Most people can get better coverage and save hundreds by comparing rates with insurance comparison sites like our Citizens homeowners insurance. To start, just enter your zip code. Start comparing online mobile home insurance rates in less than five minutes. Get started now with your free custom quote.