Mobile Home Insurance from Massachusetts Specialists

What is mobile home insurance?

A homeowners insurance policy should be specifically underwritten for the type of home being insured. For Massachusetts residents who have a mobile home, the right type of homeowners insurance is usually mobile home insurance.

Mobile home insurance is specially designed for insuring manufactured and mobile homes. Policies take into account the unique factors of these residences, including their value and construction.

Which Massachusetts homeowners is manufactured home insurance for?

Manufactured home insurance is generally recommended for manufactured and mobile homes. Most Massachusetts residents with single-wides, double-wides, or factory-built housing should have a policy.

In many cases, coverage is required by a lender and/or community. A policy is still usually recommended irrespective of any requirement, however.

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What insurance protections are in manufactured home insurance policies?

Manufactured home insurance policies can come with a few different protections. Several are common in most policies:

• Dwelling Coverage: Usually covers the manufactured or mobile home itself, insuring against damages resulting from various perils.
• Personal Property Coverage: Usually covers belongings located within the mobile home or on its lot, insuring against damage or loss.
• Loss of Use Coverage: Usually covers certain incurred living expenses (e.g. food and lodging) if the mobile home is rendered uninhabitable due to a covered event.
• Personal Liability Coverage: Usually covers various liability lawsuits that could be filed against the homeowner or their immediate family.

What’s actual cash value and replacement cost coverage?

Personal property coverage might insure belongings for their “actual cash value” or their “replacement cost.” Actual cash value is normally the market value of the belongings at the time of an incident, taking into account depreciation, age, and condition. Replacement cost is normally the amount it’d cost to replace items with like ones that are new.

Replacement cost coverage provides much more protection in most cases.

Is flooding covered by manufactured home policies?

Typically, manufactured home policies don’t include flood damage coverage. Homeowners who are concerned about flooding can explore separate flood insurance options, which might be available through the National Flood Insurance Program (NFIP) or private market.

Water damage caused by the plumbing in a home is sometimes available through an endorsement that can be added onto a mobile home policy. This protection may require selecting an optional protection, but normally doesn’t require an entirely additional policy.

What does HO-7 mean on a mobile home policy?

HO-7 is a general industry designation for mobile home policies. Most policies designated HO-7 will provide relatively similar protections for mobile homes, and are specifically intended for this type of housing.

The designation follows a pattern of abbreviations that insurers use for different types of homeowners insurance. Other “HO” numbers are typically for other types of housing.

Are mobile home policies and manufactured home policies different?

Technically, HUD differentiates between manufactured homes (post-June 15, 1976) and mobile homes (pre-June 15, 1976). For the purposes of insurance, however, there’s little material distinction. The same policies are generally able to cover mobile or manufactured homes.

How much do mobile home owners pay for their insurance?

The cost of insuring a mobile home is normally less than what insuring a traditional house costs, but it’s still important to shop around. 

An independent insurance agent can help mobile home owners get custom quotes from several insurance companies. This is the easiest way to see how much insuring a particular residence will be, as well as to compare both rates and coverages.

Where can Massachusetts residents get mobile home insurance?

If you need help insuring a mobile home, contact the independent insurance agents at The Feingold Companies. Our Massachusetts agents will work closely with you, to find a mobile home insurance policy that provides the protections you need at a competitive rate.