If you're renting a manufactured or mobile home, getting renters insurance is important even if you aren’t required to have a policy by your landlord. Renters insurance for mobile homes works the same as any other renters insurance policy, protecting all of your belongings at a relatively low monthly rate.
What mobile home renters insurance covers
Mobile home renters insurance, like policies for other types of homes, cover damages to your property and offers other financial protections.
A renters insurance policy (known as an HO-4) insures tenants living in almost any type of residence, including a manufactured home. Whether someone rents a single-family house or a mobile home, these are the primary coverages provided by renters insurance:
Protection for personal property pays to repair or replace the belongings of a tenant of a manufactured home in the event of a covered loss, including a fire, tornado or theft. Mobile homes tend to be small but tenants might be surprised by the total value of what they own. Remember, personal property protection covers furniture, electronics, jewelry and other expensive items.
Personal liability protection covers damages that the policyholder and family members (including pets) might be at fault for, such as medical bills or damage to someone else’s personal property. If someone falls inside your mobile home, a mobile home renters insurance policy's liability protection would cover their injuries.
Loss of use coverage (also referred to as additional living expenses) pays for expenses as a result of a mobile home becoming uninhabitable. If a tornado destroyed a policyholder’s manufactured home, they would need to find a place to stay, go out to eat and potentially alter their transportation to work. This part of mobile home insurance coverage would pay for those expenses until a mobile home can be repaired or the tenant can find a new permanent residence.
Medical payments is a coverage commonly included in renters insurance policies for mobile homes. It specifically covers only medical-related expenses of others and a claim can be filed for the coverage without the injured party filing a lawsuit against the policyholder.
Insuring mobile homes in transit
Most mobile home insurance policies do not cover the residence while it is under construction or in transit. A mobile home renters insurance policy will not cover any belongings damaged while a home is being moved either.
It goes without saying that a tenant should remove all of their belongings from a manufactured home if it is going to be moved. Remember, mobile homes do not have an engine and cannot be driven. Motorhomes and RVs have motors and require a different insurance policy entirely.
Insuring a mobile home in parks vs. private property
Generally, insuring a rented mobile home on someone’s private property is the same as for one in a trailer park designed specifically for numerous mobile homes. The renters insurance policy for each one is identical. However, tenants in each circumstance could face different perils that might impact the claim limits they choose to purchase for their policy.
For example, one mobile renters insurance policyholder might live in a manufactured home far from others. This renter probably doesn't need as much liability protection as someone living in a mobile home park close to others. Mobile home insurance policies generally include $100,000 in liability coverage but policyholders can purchase as much as $500,000.
Mobile home renters living in a community also need to make sure they have a clear understanding of what they are responsible for as a tenant. Some parks maintain landscaping and other maintenance (such as shoveling snow) outside trailers. In other cases, those tasks are the responsibility of a tenant or the owner of a manufactured home — causing the blame for any injuries to shift to the tenant.
Cost of renters insurance for mobile homes
The average cost of renters insurance for mobile homes is similar to the price of renters insurance for an apartment or single-family home, but regional perils could drive up costs in some places.
In general, mobile homes are considerably less expensive than traditional homes. But renters insurance policies don’t cover the structures themselves, so the policies associated with different types of rentals are comparatively priced.
The average renters insurance rate in the U.S., for a standard single-family home or apartment, is $187. We gathered quotes for a sample mobile home renter in three of the best mobile home parks in the U.S. and found it to be very similar.
Mobile Home Location
Policy With $25,000 Personal Property Limit
Quotes are rounded to the nearest whole number. Standard policies include $15,000 in personal property coverage, $100,000 in liability protection and a $500 deductible.
The process to gather renters insurance quotes for a mobile home is the same as any other residence, be it a single-family home or an apartment. However, most renters insurance companies will not provide quotes for mobile homes online. Only two companies -- Progressive and Geico -- occasionally provide online quotes for mobile homes.
It doesn’t matter if someone is renting a traditional mobile home, a double-wide or any other variation of a manufactured home, potential policyholders will likely need to call an agent on the phone when shopping for a policy to get a quote.
Florida mobile home renters insurance
The state of Florida is a popular destination for retirees and many, in an effort to keep costs low, choose to buy or rent manufactured homes there. Those who are tenants should strongly consider purchasing mobile home insurance in Florida. The coverage provided can mitigate losses, which is especially important to retirees who might no longer have any income.
Renters insurance for manufactured homes is comparable to renters insurance for traditional houses and apartments in the state, and the average policy in Florida is reasonably priced.
Insuring a mobile home in California
Recently in California, more people are choosing to live in manufactured homes because of the high price of real estate there. Even wealthy celebrities have purchased mobile homes in posh California cities like Malibu to save money, and renting a mobile home might be even cheaper.
The cost of mobile home renters insurance is much less than homeowners insurance in California. However, renters of manufactured homes need to make sure they understand what might be excluded from their coverage. For example, some mobile home insurance policies exclude damage from wildfires, which might be a serious risk to a manufactured home depending on where it is located.
If a tenant or owner policy for a mobile home doesn’t cover wildfires, insurers typically offer additional coverage for them. In addition to damages caused by a fire, coverage also commonly includes loss of use coverage for situations when a policyholder must evacuate their residence.