Mobile home insurance in 2024

Q: Can you get flood insurance on a mobile home?

Yes. You will have to buy a separate policy for flood coverage, usually through the National Flood Insurance Program.

Best manufactured home insurance companies

The best mobile home insurance company for you will come down to your personal needs, but we’ve gathered rating information on some of the biggest names in the business to help you decide.

Among the options are specialty insurance companies like Foremost. Since J.D. Power doesn’t rate smaller insurance companies, no rating is available. However, you will see the top-rated mobile home insurance companies, where ratings are available, below.

Allstate

J.D. Power rating: 809/1,000
NAIC complaint index: 0.73 (below average)
A.M. Best financial strength rating: A+

Allstate offers specialized coverages for your mobile home, such as personal property endorsements for higher-value items, green improvements reimbursement and sports equipment. If you already have other Allstate policies, you'll receive a multi-policy discount, as well as original owner, retired individual or security system discounts.

American Modern (AMIG)

J.D Power rating: N/A
NAIC complaint index: 0.72 (below average)
A.M. Best financial strength rating: A+

American Modern offers mobile home insurance to homes of all ages. If you plan to rent out your mobile home, AMIG also provides rental coverage. American Modern offers vacant home coverage and will take on risks other companies will turn down, including owners with bad credit.

Assurant

J.D. Power rating: N/A
NAIC complaint index: 1.68 (above average)
A.M. Best financial strength rating: A+

Assurant has partnered with GEICO, Liberty Mutual and Progressive to provide manufactured home insurance to policyholders. Assurant offers online manufactured home quotes so you can buy mobile home insurance online.

Assurant aims to keep manufactured home insurance simple – you'll get coverage for perils other mobile home insurance companies may not offer, such as earthquakes or floods. These coverages are usually optional with the few companies that provide them, but with Assurant, they're included in a standard mobile home policy.

Foremost

J.D. Power rating: N/A
NAIC complaint index: 0.47 (below average)
A.M. Best financial strength rating: A

Foremost, part of the Farmers Insurance Group, claims it was the first insurance company to insure mobile homes. The company provides manufactured home insurance to AARP's huge network of 37 million members. A couple of unique offerings from Foremost include replacement cost and hobby farm or ranch liability coverage.

The replacement cost coverage endorsement may get you an extra 20% on your property damage settlement because Foremost won't deduct depreciation on your damaged property. You'll be able to replace the items with new ones of "comparable material and quality" without settling for less than you had before.

State Farm

J.D. Power rating: 829/1,000
NAIC complaint index: 0.35 (below average)
A.M. Best financial strength rating: A++

State Farm has a variety of endorsements and coverages, so you can customize your policy. Those include earthquake and volcanic explosion coverage. You can save on your policy by taking advantage of manufactured home model year discounts or bundling your manufactured home insurance with State Farm auto, home, motorhome and off-road vehicle insurance.

American Family

J.D. Power rating: 813/1,000
NAIC complaint index: 0.12 (below average)
A.M. Best financial strength rating: A

American Family Insurance only underwrites manufactured homes in 19 states but provides unique endorsements such as matching siding. The coverage costs as little as $25 per year but will reimburse you for up to $20,000 to replace all siding instead of a small area so it all matches.

Farmers

J.D. Power rating: 800/1,000
NAIC complaint index: 1.32 (above average)
A.M. Best financial strength rating: A

Farmers structures its mobile home policies to give you options for getting paid in case of property losses or damages. With an agreed-value loss settlement, you'll receive the full amount of insurance as a lump sum to rebuild or order a new home faster. Add optional replacement cost coverage, and you'll get the cost of replacing items with new ones instead of receiving the item's depreciated value.

How much is mobile home insurance?

Trusted Choice, an online platform for independent insurance agents, estimates that mobile home policies vary between $700 and $1,500 per year. However, the cost of manufactured home insurance can vary widely by ZIP code.

Places with less severe weather will have lower costs than places with frequent storms, like Florida and Texas.

Factors that affect the cost of mobile or manufactured home insurance

Several factors may affect your manufactured/mobile home insurance rate. Some are out of your control, while others can be adjusted. They include:

Age and condition of your home
Your location – some areas are more prone to theft, fires, hail or wind damage
Your coverage limits
The amount of your deductible (higher deductibles mean lower rates.)
Whether you qualify for discounts such as multiple policies, military service or having a home security system
Your claims history

Frequently asked questions about mobile home insurance

Are there manufactured home insurance endorsements?

You can add optional endorsements to an HO-7 mobile home insurance policy to increase your home's protection level. Some of the most common are:

Water and sewer backup. Covers water damage caused by a broken sump pump or backed-up drain.
Scheduled personal property. Provides additional coverage for expensive items such as appraised jewelry, collectibles or antiques.
Replacement cost. Ensures that your items are replaced at the current price to replace them, rather than the depreciated value.

How can I buy mobile home insurance?

You can buy mobile home insurance from an agent or directly from an insurance company. A good place to start is with your current insurance company, as you might qualify for a bundling discount. But make sure to compare quotes from multiple companies. Once you choose a policy, submit your application and pay your premium to get started.

If your mobile home was manufactured before 1976 you should buy older mobile home insurance.