In our Program, mobile homes are defined as homes that no longer have wheels and are on permanent foundation, making them fixed dwellings. Manufactured homes, on the other hand, are factory-built or prefabricated and prepared on-site with no permanent foundation or basement. National Real Estate Insurance Group offers coverage for both types of investment homes on our unique monthly schedule.  

What does Mobile Home Insurance cover?  

Dwelling

Dwelling coverage protects against sudden and accidental direct physical damage to the property. For instance, if severe weather were to cause a tree to fall on the roof, resulting in structural damage, you may be covered for the cost of repairs.   

National Real Estate Insurance Group offers Basic Form coverage for mobile homes with no limit on the number of homes insured in one park. Covered perils may include: 

  • Fire
  • Lightning
  • Windstorm and Hail 
  • Explosion 
  • Smoke 
  • Aircraft and Vehicles  
  • Riot or Civil Commotion 
  • Volcanic Action 
  • Sprinkler Leakage
  • Vandalism
  • Malicious Mischief 

Premises Liability

As you may know, when you own and rent out a mobile home, you open yourself up to liability risks. A Premises Liability policy offers you protection against liability claims that can arise from incidents on your property. Examples may include: 

  • If someone were to slip and fall on your property  
  • If one of your tenant’s dogs were to bite someone on your property  
  • If your tenant suffers medical issues from a carbon monoxide leak

*Medical expenses are included.

Our liability options start as low as $7 per month, per property, and come with a $1MM per occurrence, $2MM aggregate limit of liability.  

How much coverage do I need?  

When selecting your coverage amount, it’s important to consider how rapidly mobile homes depreciate in value. It is easy to over-insure and therefore, overpay for insurance on your mobile home. NREIG allows you to choose your coverage amount (at a minimum of $75 per square foot and a maximum of $119.99 per square foot), so you never overpay for coverage. In our Program, mobile homes are not eligible for Replacement Cost coverage. Our Sales Advisors and Client Service Advisors are always available to discuss coverage amounts, as everyone’s situation is different.  

What deductible is right for a mobile home?  

Your property deductible is the amount withheld from your insurance payout for a claim. You don’t need to pay the deductible out-of-pocket upfront for your claim to be processed. Instead, the deductible is subtracted from the total payout amount. When selecting your property deductible, consider the smallest claim you would actually file. For instance, if you wouldn’t bother to file a $1,000 claim, then it doesn’t make sense to carry a $500 deductible. Remember, a lower property deductible means a higher insurance cost. Our liability insurance has no deductible.

Add More Coverage to Your Mobile Home Insurance

With NREIG, you have the option to include additional coverages to your Mobile Home Insurance package. Our product offerings range from the Tenant Protector Plan to Earth Movement to additional liability limit options.  

If you have questions regarding insurance for mobile homes or any of the ancillary products listed above, feel free to contact a Sales Advisor or your Client Service Advisor.