What Do I Need to Know About Mobile Home Insurance? 

Owning a mobile or manufactured home in Tennessee comes with certain risks. At Westmoreland Insurance Agency Inc, we’re committed to helping our clients understand the essentials of mobile home insurance and how the right coverage can make all the difference.

What Does Mobile Home Insurance Cover?

Mobile home insurance can lessen the financial impact of potentially costly risks. A typical policy may include:

• Dwellingcoverage can cover the repair of your home’s physical structure if damaged by a covered risk like weather events, fire, vandalism or theft.
• Liability coverage can help pay for related expenses if you’re held liable for someone getting injured on your property or causing damage to someone else’s property.
• Personal property coverage can help pay for the repair or replacement of furniture, electronics and clothing, subject to policy limits.
• Additional living expenses coverage can help pay for temporary housing, food and other costs if your home becomes uninhabitable due to a covered loss.

How Much Does It Cost?

Several factors can affect your premiums, including:

• Location: Homes in areas prone to crime and severe weather may have higher premiums. Additionally, proximity to fire departments and water sources may impact your rate.
• Your home’s age and condition. Newer mobile homes may qualify for lower insurance rates because they are built to more recent safety standards and are less likely to have structural issues. You may see higher premiums if your home is older or has not been maintained.
• Size and value. Your insurer may consider the value of your home and any attached structures, such as decks or garages. Larger homes or those with custom features and upgrades may generally cost more to insure.
• Coverage selections and deductibles. Higher coverage limits or adding endorsements for specific risks will increase your costs. On the other hand, a higher deductible can help lower your monthly or annual premium.
• Claims history and credit score. A history of frequent claims or a lower credit score may result in higher premiums, while a clean record and strong credit can help you secure better rates.
• Safety and security. Installing safety features such as smoke detectors, security systems or storm shutters may qualify you for discounts.

Why Is Mobile Home Insurance Important in Tennessee?

Unlike traditional homeowners insurance, mobile home insurance is tailored to address the specific vulnerabilities of these structures. Sufficient coverage can help you recover financially from damage, theft or liability claims.

While Tennessee doesn’t legally require mobile home insurance, some lenders may ask for proof of a policy if you have a mortgage on your home. Some mobile home parks may also ask for proof of insurance before using their facilities.

Getting insurance for your mobile home doesn’t have to be difficult. At Westmoreland Insurance Agency Inc, we’re here to help you assess your coverage gaps and find the policy that aligns with your needs.

Contact us today to explore your mobile home insurance options and request a personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.