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CostHelper > Personal Finance  > Insurance > Mobile Home Insurance

Mobile Home Insurance Cost


How Much Does Mobile Home Insurance Cost?

 
low costSingle-Wide Mobile Home: $250-$700 Per Yearaverage costDouble-Wide Mobile Home: $300-$700 Per Yearhigh costTriple-Wide Mobile Home: $550-$1,300 Per Year
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Mobile home insurance covers damage to the home, theft, legal liabilities and property damage. Cost is based on the size and age of the unit, location and purchase price.

Typical costs:

  • Insuring a single-wide mobile home typically costs about $250-$700 per year, depending on age, purchase price, choice of deductible, level of liability coverage, size and location. For example, a manufactured home purchased for about $150,000 in Southern California will insure for about $700 per year through Manufactured Insurance Housing Services[1] , while a home purchased for less than $30,000 will insure at about $250 per year in the same area. Single-wide units typically measure from 14'-18' wide and are 60'-90' long.
  • Double-wide mobile homes are the most common sized units and often the least expensive to insure at about $300-$800 per year, depending on the age, purchase price, size, choice of deductible, level of liability coverage, and location. For example a $60,000 mobile home would cost about $300-$400 per year with Allstate[2] while a unit purchased for $100,000 would cost about $500-$600 annually. A double-wide mobile home is two connected single-wide units.
  • Insurance for triple-wide mobile homes will cost about $550-$1,300 per year, depending on age, purchase price, size, choice of deductible, level of liability coverage, and location. For example, a unit purchased for about $100,000 will insure for around $550, while a unit purchased for $250,000 will cost about $1,300 annually. Triple-wide units are created by joining three single sections together at one location.
Related articles: Homeowner's Insurance, Mobile Home Roofing, Mobile Home Skirting, Mobile Home Insulation, Mobile Home, Moving a Mobile Home

What should be included:
  • Basic insurance policies typically cover theft, damage and legal liabilities. Some companies will include flood insurance as part of the basic package.
Additional costs:
  • Additional hazard insurance will add to the cost. Expect to pay an additional $50-$120 per year for earthquake insurance on a single-wide unit, depending on size, age, and distance of home from major fault lines. The closer the home is to potential earthquake activity, the higher the price.
  • Flood insurance is mandatory in all areas deemed flood zones[3] and will cost about $130-$2,900 per year, depending on location, age and size of unit, and purchase price. When purchased separately through the Federal Emergency Management Association, the cost for a single-wide mobile home in a low-risk area could be $130-$600 per year, depending on age, size and location. While low-risk flood zones may qualify for annual premiums as low as $130, residents of high flood zones may pay more than $2,500 per year, depending on size and age of home, purchase price and replacement cost of home contents. Flood insurance premium estimates[4] and flood maps by area are available online through FEMA.
Discounts:
  • Many insurance carriers offer discounts of 10%-25% or $25-$500 annually, depending on coverage costs, when combining homeowner's insurance with auto policies.
  • Newer mobile homes tend to have more protective devices like smoke and carbon monoxide detectors, and anti-theft protections that lower coverage costs.
Shopping for mobile home insurance:
  • Owners of mobile homes built prior to 1976 -- when the U.S. Housing and Urban Development agency put federal manufacturing guidelines in place--should be aware that not all insurance companies are willing to cover these older units.
  • Check with statie manufactured housing organizations[5] when seeking insurance information. The California Manufactured Housing Institute offers tips on selecting mobile home insurance[6] .
  • Locate a flood insurance agent[7] through Floodsmart.gov.
  • Many insurance companies, including the Foremost Insurance Group, offer online agent locators[8] .
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What People Are Paying - Recent Comments
Mobile Home Insurance Premiums and Deductibles
Amount: $100,000.00
Posted by: Jacqueline Looper in Garden City, SC.Posted: May 8th, 2016 05:05PM
Size of Mobile Home: 52x36Insurance Carrier: Fields Agency
I had some roof damage last year which caused 4 leaks in one room. We had lots and lots of wind and 16 inched of rain. I carry flood insurance with FEMA. I have never had to use flood insurance because my lot is higher than most of the other lots in the subdivision. When I filed the claim the adjuster would only allow about $1,600. The deductible is $3,750. I was appalled. That is a ridiculous deductible. I put a new roof on the home. The roofer took off all the old shingles and plywood. He replace the plywood, used the water/snow fabric or whatever you call it and then put a metal roof layer. It now has a 40 year warranty on the roof. I am getting ready to add on a carport/garage which will add a tremendous more value on the home.
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Homeowners ins est
Amount: $200.00
Posted by: Don boenker in Fenton, MO.Posted: April 21st, 2016 12:04PM
Size of Mobile Home: 14x65Insurance Carrier: State Farm
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home owners ins. on 28 x 60 to much in alabama
Amount: $0.00
Posted by: itsme in Cottondale, AL.Posted: January 8th, 2016 07:01PM
Size of Mobile Home: 28 x 60Insurance Carrier: American ins.
Ins. Cost started out at $785. It's 2016 now cost went to $1950. One claim on roof damage.( So I guess I'm paying for roof now.) Had a $ 200,000. Home in 2000. Ins was $650. Crazy how ins co. Think.
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mold
Amount: $5,500.00
Posted by: Mary Solberg in Rancho Cucamonga, CA.Posted: August 18th, 2014 07:08PM
Size of Mobile Home: doublewideInsurance Carrier: state farm
Shortly after moving into my "new 2006" mobile home, I became aware of a cracked waterline under the house. I had a plumber repair it. This was 2011. In 2014 January I became very sick..found it was black mold under thd house. It cost me $5500 + I am still paying for things caused by the mold. State farm refused to pay saying it was "pre-existing".
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I just bought a double wide mobil home in N. Fort Myers Fla.
Amount: $1,169.00
Posted by: Paul Shadoan in N. Fort Myers, FL.Posted: September 14th, 2013 10:09AM
Size of Mobile Home: 44x28Insurance Carrier: All State/Citizens
Afrer buying the unit I had all Inspections completed and was told every thing looked fine.
after sa few days I was turned down because of a piece of Polybutelene pipe was in the hot water area, witch the inspector placed in his report.
I am knot sure if I care about Insurance on the unit as I do about having Liabilty insurance if some one eelse were to get hurt on the property.
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Just want an average rate of insuring a double wide mobile home
Amount: $75,500.00
Posted by: Betty Kibat in Rogers, AR.Posted: August 22nd, 2013 05:08PM
Size of Mobile Home: 56' x 26'-8"Insurance Carrier:
I have just bought a double wide mobile home and want to get homeowners insurance. Please reply by email
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External Resources:
  1.  www.mhis.info/
  2.  www.allstate.com/home-insurance/manufactured-home-insurance.aspx
  3.  www.floodsmart.gov/floodsmart/pages/flooding_flood_risks/prp_extension_for_property_own...
  4.  www.floodsmart.gov/floodsmart/
  5.  www.mobilehomeparkstore.com/mhp_associations.htm
  6.  cmhi.org/insurance.asp
  7.  www.floodsmart.gov/floodsmart/pages/choose_your_policy/agent_locator.jsp
  8.  www.foremost.com/agency-locator/index.asp
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