Insuring your Mobile Home
Whether you have a “vintage” mobile home just purchased a brand new unit, we can offer you a range of coverages and providers. We also have the in-depth knowledge and over 25 years of experience to provide you the exact policy to fit your needs.
When it comes to mobile homes, there are two kinds of policies. The first is a standard, full-coverage policy called HO-3.
The second is a more limited coverage policy called DP-1. DP-1 Mobile home insurance has limited availability and does not include theft, falling objects or most forms of indoor water damage.
Mobile homes built before 2004 are covered at their actual cash value (ACV) as determined by the individual insurance company software. Generally your mobile home’s ACV represents the replacement cost multiplied by the depreciation factor based on the age of the home.
The first step of determining your ACV is to run a cash value estimate. We’ll ask you questions like how many gallons in your water heater, how many tons in your ac/hvac unit, if you have gutters, what kind of siding do you have. It’s a comprehensive and specific checklist to ensure your mobile home is accurately valued so your policy can provide adequate coverage.