3 Policies To Properly Insure Your Mobile Home

Mobile home owners need to know what types of insurance they should purchase to help protect them from financial loss in cases of theft or property damage. Three types of insurance policies apply to a mobile home and provide coverage for most emergencies.

Standard Mobile Home Insurance Policy

The most important policy for mobile home owners is a standard mobile home insurance policy. The standard policy covers the most events and is the foundation of your homeowner’s insurance.

This policy covers damage caused by strong winds, storms, fires and hail. It will also help pay for any items stolen from your home or damaged by events like storms. The standard policy does not stop with property, though. It also protects you from liability if someone gets hurt on your land.

Flood Insurance for Your Mobile Home

While standard mobile home insurance policies cover many major natural events like hurricanes and fires, they do not usually cover damage caused by floods. Getting an additional flood insurance policy, however, will pay for your home, other structures on your property and any of your belongings damaged by a flood.

Some mobile home owners think that they do not need flood insurance because their houses sit a few feet above the ground. What they might not realize, however, is that flood damage can even occur in the middle of the desert.

How can this happen? A busted water pipe is one way. A backed up sewage line is another. These situations can cause significant damage and cost a lot of money to fix on your own.

Earthquake Insurance for Your Mobile Home

Earthquakes can cause a lot of destruction, and you do not have to live on a fault line to feel the financial effects of a hard tremble. Unfortunately, most standard mobile home insurance policies do not cover damage caused by earthquakes.

When you purchase additional earthquake insurance, though, you cover the structures on your property and your belongings. It does not take much for an earthquake to throw pictures off your wall, bring clocks smashing to the ground, shake all of your kitchenware off the shelves or toss your new television crashing to the floor. Paying for these items on your own can be expensive, but you do not need to worry about it if you have earthquake insurance.

3 Policies To Properly Insure Your Mobile Home

• Mobile home owners need standard mobile home insurance policies to cover their property and belongings and protect them from liability.
• Flood insurance offers additional protection that standard policies do not usually cover.
• Earthquake insurance is another form of protection that standard policies typical don’t cover.

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