If you live in a manufactured or mobile home, you’re going to want to protect it. Here are the top providers of manufactured home insurance.
If you’re shopping around for homeowners insurance for your mobile or manufactured home, you might find the process a little frustrating. A lot of major providers don’t offer protections for manufactured homes, and those that do are often unclear about what they’re covering.
Never fear, though. We’ve done all the legwork for you. Before we get to our top insurers for manufactured homes, though, we first need to define what qualifies as a mobile or manufactured home versus a traditional residence.
Manufactured, modular, or mobile homes are built off-site and transported to where they’ll ultimately reside. Traditional homes, however, are built on-site atop concrete foundations, basements, or crawl spaces. Home insurance providers treat these two classes of structure differently, although the coverages are — generally speaking — very similar.
So now that we understand what it is we’re talking about, let’s get into our favorite providers.
When we reviewed State Farm, two things stood out to us: their comprehensive protections and their affordability. If you’re the owner of a manufactured home, we recommend taking a close look at what State Farm is offering.
Shopping for homeowners insurance isn’t anyone’s favorite activity, but when you land on a solid provider, the feeling is pretty satisfying. That’s how we feel about State Farm. They just check all the boxes, you know?
They’re affordable. They offer comprehensive protections. They have great discounts available. Their customer service rankings are spectacular. While a lot of major insurance providers neglect the owners of manufactured homes, State Farm steps up to the plate.
Now we do wish that State Farm offered their homeowners insurance everywhere — if you live in Massachusetts or Rhode Island, you’re out of luck — but overall, they’re a solid insurance provider for the owners of manufactured homes. We certainly suggest shopping around to compare rates and coverages — more resources to do just that in our guide to State Farm’s costs and services — but we’re confident in saying that nine times out of 10, State Farm is going to end up in your top-five list.
One of the first companies to offer insurance online, Progressive has always taken a customer-first approach to their business. Their reputation for being one of the most customer-friendly insurance providers is well deserved too. Progressive consistently ranks as one of the best companies in the industry in terms of customer satisfaction.
So, first things first: If you’re an owner of a manufactured home and you select Progressive to insure it, you’ll be going through their partner, Assurant. The upside of that is that Assurant specializes in protecting manufactured homes and you get the quality assurance that comes along with the Progressive name. And let us tell you, that quality is exceptional.
In our Progressive review, we found out that their rates are extremely affordable, they offer excellent discounts, and their online tools make it easy to comparison shop. So much so, in fact, that if Progressive isn’t the most reasonable option, they’ll point you in the direction of a provider that might be.
What’s more — and what you’ll hear more about if you check out our analysis of Progressive’s prices and protections — is that they offer a tremendous amount of insurance products. Generally speaking, if you want to protect something, Progressive will sell you a policy for it. The upshot here is that if you bundle multiple policies, you’re going to save significantly.
Now we will say their online shopping experience can be a little confusing, and we found it a little frustrating that we couldn’t finalize our purchase online, but in the scheme of things, it’s not too big of a deal. If you’re looking to protect a manufactured home, Progressive should be one of your first stops.
When we put Liberty Mutual to the test, they passed with flying colors. We appreciate their modern approach to homeowners insurance — from identity theft protection to device coverage, Liberty Mutual provides protections for the modern homeowner.
While there’s no one-size-fits-all approach to homeowners insurance, Liberty Mutual provides the customizability to get as close as possible. Add to that their protections against a huge variety of threats and their willingness to cover manufactured homes, and you’ve got a solid contender for your life-long insurance provider.
Now we will say this: Liberty Mutual might not be the most affordable option. In our Liberty Mutual review, we found their premium to be nearly three times the average quote.
Should that automatically disqualify them, though? Of course not. They offer exceptional protections and great discounts for manufactured home owners. We definitely recommend at least using Liberty Mutual’s handy online quote tool to see for yourself if their premiums are reasonable for the protections you’ll enjoy.
We hope this helps you narrow down your choices in the search to find the right manufactured home insurance policy for your specific needs. If you’re still a little confused about all of this, though, we’ve got you covered. Just keep reading.
Whether you live in a traditional or manufactured home, homeowners insurance prevents you from being financially overwhelmed if disaster strikes. Now, it depends heavily on which protections you select from which provider, but generally speaking, there are six categories of coverage offered by a standard policy.
So, from most providers, you’re going to be covered in a multitude of ways. That’s the good news. The bad news, though, is that there are several things a traditional homeowners insurance policy will not protect you against. Let’s get a sense of those now.
There are several situations in which your homeowners insurance will not protect you in a manufactured home (or any home, for that matter), and they’re important to understand now, rather than after the fact. Threats not covered by typical homeowners insurance include:
We can't stress this enough: If you have a question about your coverage, ask your agent. There’s no worse feeling than standing next to a damaged home and realizing you’re not covered.
Which leads us to an important question: Do you need protections for nontraditional dwellings?
While it’s not required by law, most mortgage companies or mobile home communities will likely require that owners purchase a homeowners insurance policy.
There are two reasons for this. The first is a little cynical: Lenders want to protect their investment. If your home is destroyed in a disaster, there’s no financial incentive for you to rebuild or to pay off the loan.
Second, it’s to protect you from financial obligation should something terrible happen. From a tree limb falling through your roof to a delivery guy slipping and falling on your walkway, homeowners insurance ensures that you’re not going to owe so much that you become insolvent.
That means that you’re going to need to find a policy that serves your needs and fits your budget. Which means you need to shop around.
The first thing to understand is that there is no “typical” homeowners insurance policy. Each individual’s situation is unique, their tolerance for risks will vary, and their policy will be written based on a huge number of variables.
With that in mind, most major providers make it very easy to get a reasonable quote based on a few details that you’ll likely know off the top of your head. Visit their website, check out their online quote tool, enter your information, and boom — you’re all set. Do this with a few different providers, and you’ll have a good idea of what your coverages are going to be and how much you’re likely to spend.
That said, it’s important to look at both your protections and the price of the premium. Remember, cheaper isn’t always better! You want to make sure your protections are adequate. Sometimes spending a couple of bucks more every month will save you from a big headache in the future.
Hopefully, this gives you a clearer understanding of why you need homeowners insurance for your manufactured home and how to figure out which provider might be best. If you’re not convinced that the three on our list are right for you, head over to our list of the best homeowners insurance providers of 2022. There are some excellent companies on that list, but just be aware that not all of them will offer protections for manufactured homes. Best of luck and stay safe!
How much is homeowners insurance?
It’s difficult to nail down an average price of homeowners insurance, but for a standard home in a standard part of the country, you can expect to pay between $100 and $150.
Do homeowners insurance providers cover mobile homes?
A lot of insurance providers do not offer coverage for manufactured, modular, or mobile homes; however, there are a handful of major providers that do.
Will homeowners insurance protect me after a flood?
No. Most traditional homeowners insurance policies will not protect you in the event your home floods. You’ll need to purchase separate protections for that.
What is the best homeowners insurance provider for manufactured homes?
In our research, we’ve found that State Farm, Progressive, and Liberty Mutual offer the best protections at the most reasonable prices for the owners of manufactured homes.
How can I save on homeowners insurance?
If you’re looking to save on your insurance bill, look into what discounts are offered by your specific provider. Oftentimes you’ll be able to save if you install a home security system, fire prevention measures, or by bundling multiple policies together.