If you're looking for a mobile home insurance policy, you should balance a variety of considerations when making your purchase, including cost and coverage features. To help you find the right coverage, we've identified the top-rated mobile home insurance companies and compiled a guide to finding the best manufactured home insurance policy for your property.
If you don't see what you need below, keep in mind that most of the major homeowners insurance companies will insure manufactured homes. However, the insurers we recommend here specialize in this type of policy.
Fastest online rate experience: Assurant
- A.M. Best Rating: A (Excellent)
- NAIC Complaint Index: 0.72 - 46.46 (varies by subsidiary)
- Unique Value: Covers flood damage to structure and property
If you shop for a mobile home insurance policy with major insurance carriers such as Geico, Progressive or Liberty Mutual, you'll be redirected to their partner, Assurant, for a mobile home policy. This is because Assurant is one of the only companies offering an instant mobile home insurance quote online.
Besides being easy to find online, Assurant's mobile home insurance also includes flood insurance coverage, something almost never included in standard mobile home or homeowners insurance policies.
On the other hand, Assurant doesn't offer optional coverage in other areas that are quite common, such as trip collision and identity theft coverage.
Best for premium discounts: American Family Insurance
- A.M. Best Rating: A (Excellent)
- NAIC Complaint Index: 0.32 - 0.65
- Unique Value: Multiple discounts for low-risk homeowners
Also called AmFam, American Family is one of the top eight home insurers in the country by market share, and its standout characteristic is its breadth of discount options. American Family offers a variety of opportunities to save on your monthly costs, so long as you meet the company's requirements for each discount.
Most of these discounts reduce the cost of coverage for homeowners who represent a lower risk to AmFam's business. For example, a mobile home that is newly built or equipped with smart home safety devices is less likely to experience damage that would result in you filing a claim.
If you're looking for ways to lower your insurance bill without compromising on coverage, AmFam is a great option to check out. American Family's discounts for homeowners include:
- Bundle home and auto insurance with AmFam
- Equip your home with smart devices like Nest or Ring
- Live in a newer structure or a home you bought in the last 3 years
- Use AmFam's AutoPay, Full Pay and Paperless billing features
Best for full-value coverage: Foremost
- A.M. Best Rating: A (Excellent)
- NAIC Complaint Index: 0.41 - 0.57
- Unique Value: Offers extended replacement cost coverage
Foremost, a subsidiary of Farmers, offers all standard and optional coverage features for your mobile home, but its most competitive feature is its extended replacement cost coverage.
This means if you get a mobile home insurance policy with Foremost and your home is totally destroyed, you'll be eligible to be reimbursed up to 20% above the value of your policy limit.
Foremost also stands out for its excellent consumer complaint index, which is around half that of a typical insurer of its size. While it doesn't offer instant quotes online, Foremost's website does enable you to enter all the details about your mobile home and receive an email quote within 24 hours.
Best for specialized coverage: Allstate
- A.M. Best Rating: A (Excellent)
- NAIC Complaint Index: 0.57 - 0.81
- Unique Value: Coverage for hail and mine subsidence
If you get mobile home insurance with Allstate, you'll have access to some unique coverage features for mobile homes, not to mention coverage from one of the largest and most financially secure insurers in the country.
We found that Allstate's mobile home insurance policies include some interesting optional coverage features that other insurers don't, such as mine subsidence coverage and property protection for damage to satellite dish antennas. This makes Allstate the best choice if you live in an area vulnerable to mine subsidence or hail, such as Pennsylvania and Texas.
Allstate also has a competitive slate of discounts: Beyond the multipolicy discount offered by most insurers, the company offers discounts to retirees and original titleholders of their mobile or manufactured homes.
What is mobile home insurance?
Mobile home insurance — also called manufactured home insurance — provides financial protection in case your mobile home is damaged by certain disasters or accidents. Mobile home insurance covers similar perils as a standard homeowners insurance policy.
What do mobile home insurance policies cover?
When shopping for mobile home insurance, you should ensure it has four standard coverage features which are the foundation of any good mobile home policy:
- Dwelling coverage reimburses you for damage to your mobile home caused by a covered peril, such as fire or wind damage, up to your selected policy limit. Some mobile home insurance policies may also cover perils not traditionally covered by homeowners or renters insurance, such as flood damage.
- Personal property coverage pays to replace damage to personal belongings on your property. Personal property coverage for mobile homes is usually adjustable but capped at a certain percentage of your dwelling coverage limits.
- Liability coverage protects you against costs associated with the legal liability of damaging someone else's property or injuries sustained to guests on your property.
- Loss of use coverage pays for living expenses above and beyond your normal spending if your mobile home becomes uninhabitable. This could include both the cost of a hotel stay and the extra fuel you use due to the relocation.
There are a variety of additional coverage features that can be useful in a mobile home insurance policy. Depending on the insurer, these features may come standard or at an additional cost. Trip collision coverage, which reimburses you for damage incurred when transporting your mobile home, may be particularly handy if you plan to relocate frequently.
|Optional coverage||What it covers||Available at...|
|Trip collision||Damage incurred to a mobile home when it's being transported. Coverage may include the initial transport mobile home post-construction, subsequent transport or both.||All except Assurant|
|Additional structures||Damage to adjacent or separate structures near your mobile home, like a garage.||All top picks|
|Hobby farm or ranch liability||The potential legal exposure of a hobby farm or ranch used near your mobile home, such as someone getting sick from eating your homegrown food.||Farmers and Foremost|
|Replacement cost coverage||Damage to your mobile home, personal property or other structures may be covered at replacement cost for an additional fee. This means that your property will be repaired at full value, ignoring depreciation or wear and tear.||All top picks|
|Water backup coverage||Water damage resulting from backed up sewers or drains. As in homeowners insurance policies, this is generally optional additional coverage.||Farmers and Foremost|
|Identity theft||The costs associated with correcting issues caused by identity fraud or theft. This is almost always an optional coverage feature for an additional cost.||All except Assurant|
|Optional coverage||What it covers|
|Trip collision||Damage incurred to a mobile home when it's being transported. Coverage may include the initial transport mobile home post-construction, subsequent transport or both.|
|Other structures||Damage to adjacent or separate structures near your mobile home, like a garage.|
|Farm/ranch liability||The potential legal exposure of a hobby farm or ranch used near your mobile home, such as someone getting sick from eating your homegrown food.|
|Replacement cost coverage||Damage to your mobile home, personal property or other structures may be covered at replacement cost for an additional fee. This means that your property will be repaired at full value, ignoring depreciation or wear and tear.|
|Water backup||Water damage resulting from backed up sewers or drains. As in homeowners insurance policies, this is generally optional additional coverage.|
|Identity theft||The costs associated with correcting issues caused by identity fraud or theft. This is almost always an optional coverage feature for an additional cost.|
How much does mobile home insurance cost, and why?
When you're shopping for a mobile home insurance policy, a variety of factors can affect the cost of your policy. While factors that make you and your mobile home less risky tend to lower the price of your policy, factors that increase your risk lead to higher premiums.
What factors affect mobile home insurance rates?
|Cost factor||How it works|
|Coverage limits||Higher limits mean higher premiums — but you should still cover your home up to its full replacement value.|
|Model year||Insurers typically charge more if your mobile home is an older model. We found that coverage for a 10-year old mobile home could cost up to $100 more than for a new one.|
|Recent claims||If you made recent insurance claims involving covered perils like fire or water damage, an insurer is more likely to charge you a higher rate.|
|Location||We found that homes in a mobile home community can get slight discounts. For example, Foremost's coverage for a $50,000 mobile home in Louisiana was 16% cheaper if it was located in a park.|
|Tied-down homes||Without traditional foundations, mobile homes are more vulnerable to wind damage. Tying down or anchoring your home may get you a cheaper rate.|
|Skirting||Skirting is the vinyl or brick covering on the bottom of your mobile home. Skirting insulates pipes and keeps out animals, which means lower risk and lower insurance rates.|
These are only some of the factors your insurer may ask you about when you're applying for a mobile home policy. Different insurers may weigh these considerations differently when calculating your mobile home insurance cost. For this reason, you should always compare mobile home insurance quotes against each other, as no single insurer will be best for every situation.