The purchase of a mobile home can be one of the most significant investments an individual will make in their lifetime, so it is essential to keep it protected by purchasing a quality insurance policy. Buying insurance for a mobile home can vary significantly from a traditional stick-built structure, so it is imperative to find an experienced Mobile Home Insurance Agency in Monroe MI who can provide guidance and make suggestions on the best policy options available. Here is a quick look at what to consider when purchasing a policy for a mobile or manufactured house.
Land Coverage
One of the most significant differences of a mobile home is that it can be moved, which means a homeowner may not always own the area where their trailer is placed. In these situations, it is not necessary for an individual to purchase a policy to cover the land. Many owners can save a great deal on their policy premiums by instead buying liability coverage, which will protect them if a person is injured on the lot that they are renting.
Umbrella Policies
A reputable Mobile Home Insurance Agency in Monroe MI will discuss a variety of umbrella policies that are designed to add various layers of protection. The most commonly purchased include flood insurance, landslide coverage, and wind damage insurance. Most standard policies don’t provide coverage on these types of claims, but they can be added to a policy for an affordable price and provide a mobile home owner with peace of mind.
Contents Coverage
If a mobile home is destroyed, it can take thousands of dollars for a family to be able to replace all of the items they own. Talk to an agent about the various types of contents coverage available, and be sure to find a policy that will provide enough money to help restore normalcy and assist a family with a fresh start.
It can be overwhelming to purchase insurance, but the right agent can help a mobile home owner find adequate coverage for a price that won’t break the bank. Contact Insurance Center Of Monroe to learn more about the various types of manufactured home coverage they offer, and see how affordable peace of mind should be.
