Many prospective home buyers in the country are looking to buy mobile homes rather than opting for conventional site-built homes. The many comforts offered by mobile homes are a large part of why people are choosing to buy them. Finding experienced mobile home manufacturers in your area is the first step before buying or building a mobile home.
A major advantage of owning a mobile home is that you’re able to move the home at any time. This is a luxury conventional home buyers cannot enjoy. However, if you plan to buy or build a mobile home, the tips we share below will help you make the most of your mobile home insurance.
Know What You Really Need
Mobile homes and manufactured homes present different challenges and benefits than conventional site-built homes. When you purchase an insurance policy for your factory built home, you should customize it to address the risks you’re most likely to encounter. These could include weather damage, trip collision, or fire.
Add Extra Coverage for Special Circumstances
Many of the mobile home owners prefer to live in their home for their life, while others use it only for seasonal and family trips. The mobile home coverage for your home will be slightly different in both of these cases. So, consult with your insurer and check whether they offer any riders that cover your specific use plans.
Have A Plan In Case Your Mobile Home Is Destroyed
If there happen to be any natural calamity or other disasters, it is much likely that your mobile home is destroyed. So, plan about what you will do in such difficult scenarios. Consult with your mobile home insurer and look for a replacement cost coverage rider in your policy.
Consider Protection If You Plan To Welcome House Guests
If a guest injures themselves while inside your mobile home or on your property, there is a possibility that they may pursue you for the injuries. So, make sure to consider personal liability coverage when you are getting a mobile home insurance.
Talk To Your Current Insurers First To Get a Policy Quote
If you already have a commercial, life, auto or homeowner policy with an insurer, then it is wiser to approach them first and ask them whether they offer discounts for policy bundling. This will help you to save much of your hard-earned money.