Manufactured Home Insurance
Mobile Home Coverage for Missouri
What Exactly is Mobile Home Insurance and is it a Necessity in Missouri?
Mobile home insurance is similar to regular homeowners insurance in various ways, providing crucial coverages to safeguard your home. Just like homeowners insurance, mobile home insurance provides protection against a range of perils including wind, hail, fire, and vandalism. These coverages are vital for those living in Missouri, given the range of weather conditions and other potential risks the state can experience. If you own a mobile home, having this protection provides peace of mind, securing your home and possessions within the mobile home park against potential damages.
Which Homes Qualify as Mobile Homes?
Mobile homes, also known as manufactured homes, include both single wide and double wide units. These homes are typically delivered to the desired location, such as a mobile home park in Missouri, using trailers. Once delivered, they are strategically placed on a concrete pad, blocks, or sometimes even a basement. One critical aspect of setting up a mobile home is ensuring it is properly tied down. This step is vital as it prevents the home from shifting due to environmental factors like wind.
Lastly, to make the home livable and comfortable, utilities such as water and electricity are connected. Do note that having the wheels removed from the mobile home is a common requirement for it to qualify as a fixed residence for insurance purposes.
Manufactured Homes in Mobile Home Parks
It’s important to know that in Missouri, acquiring mobile home insurance doesn’t necessarily require your home to be located in a mobile home park. However, there are significant advantages to park living when it comes to insurance pricing. Typically, mobile home parks have the benefit of being within five miles of a fire department. This proximity ensures fast service in the unfortunate event of a fire, helping to mitigate potential damage.
Insurance providers consider this lower risk when determining premiums, often resulting in more favorable rates for those residing within mobile home parks.
What is Covered Under a Mobile Home Policy?
A standard mobile home insurance policy in Missouri provides extensive protection for your manufactured home:
- Wind, Hail, Fire and Vandalism – protects your home against these perils. If your home is located in a flood zone, you have to purchase a separate flood insurance.
- Personal property (furniture, electronics, jewelry etc.) – Provides coverage for your personal property against all perils mentioned above plus theft and burglary.
- Liability Coverage – provides coverage for accidental medical or property damage caused by you (ex. your mower flings a rock and breaks your neighbor‘s window).
- Loss of Use – this part of coverage would pay the excess cost of living if you are forced to temporary move out of your home due to a covered claim. Pays for lodging and transportation up to the limit of your policy.
Average Cost of a Mobile Home Policy in Missouri
The cost of mobile home insurance in Missouri can vary significantly depending on various factors. For instance, the age of the home plays a considerable role in determining the insurance cost. Older manufactured homes may require higher insurance premiums due to increased maintenance and repair requirements. Similarly, the age and condition of the roof are crucial factors too.
A new, well-maintained roof can lead to lower premiums as it reduces the risk of damage from weather conditions. The physical condition of the home is another determinant of insurance costs. Homes that are well-maintained are likely to attract lower premiums. Finally, the location of your mobile home can also affect the insurance cost. Homes located in mobile home parks may have different insurance requirements and costs compared to homes on individual plots. It’s essential to understand these factors to accurately estimate the cost of insuring your mobile home in Missouri.
For an average mobile home located in a mobile home park you can expect to pay anywhere from $700 to $1,200 a year.
How Do I Get Insurance for my Mobile Home?
At Bargain Insurance Connection, we specialize in helping Missouri residents protect their mobile homes, whether they are single wide or double wide manufactured homes. We understand the unique needs and considerations for insuring homes in mobile home parks and are ready to guide you through the process.
To provide an accurate quote, we would need certain details such as the age of your mobile home and the age and type of its roof. This information allows us to tailor a policy that matches your specific needs.
Our friendly team is here to help you navigate the sometimes complex world of mobile home insurance, ensuring you have the coverage you need at a price you can afford.
Discover personalized payment plans designed to fit your budget. Select from flexible monthly installments or enjoy a discount by paying in full.
Mobile Home Insurance Anywhere is Missouri:
Jefferson City, MO
Call us today for a free quote at 816.453.7722 or request a quote online.