About twenty million people live in manufactured homes instead of site built housing. This is a huge number and is believed to be growing. These homes are a less expensive alternative to traditional housing. They range in price from a few hundred dollars to two million. These are valuable investments for the people who own them. Getting the best mobile home insurance AZ agents can provide is important to protect them.
You shouldn't make the mistake of thinking you can get a standard homeowner's policy for manufactured housing. These homes are different in many ways from traditional homes. For one thing, they are considered personal property, not real estate. Manufactured homes can be moved. Moving one of them is not covered under your homeowner's or your automobile insurance. You may need to take out trip coverage to protect your investment when it is being transported from one site to another.
If you bought land to put the house on, the house won't be livable until the land is leveled, a well has been dug, a septic tank put in, and electricity run. In the meantime, you have a house sitting vacant. You should discuss with your agent how best to insure the house before you move in. You might also discuss the situation with the manufacturer.
There are similarities between manufactured housing policies and those for site built homes. Both are covered for what insurers called named perils. These are unexpected events like robbery, vandalism, water damage, and wind storms. Named perils are specifically identified in your policy. Your coverage won't extend to all kinds of damage. Floods, insect and mold damage may have to be added to your coverage.
Getting covered for catastrophes like hurricanes, floods, and earthquakes is something you should discuss with your agent. If you live outside the city, you are probably on a septic tank system. It might be worth the extra money to get covered for sewer backup. If the house you have purchased to going to be set in the woods, and used a hunting cabin, getting coverage for wild animal damage might be beneficial.
You must tell your agent if the house you are insuring is other than your main residence. If you are buying one to use as a second home or as rental property, you may be quoted different rates. As with standard homeowners insurance you won't need a separate policy for your personal property like furniture, clothing, and appliances.
Another thing you might want to discuss with your agent is coverage for additional expenses which will help cover your costs if you have to find somewhere else to live while your house is being repaired. Matching siding coverage is something a lot of people don't think about, but you want all the siding to look alike in the event that a portion is damaged and has to be replaced.
Your house is a big investment no matter how humble. You need to protect it. Keeping it well insured, without paying too much for coverage, is one of the best ways to do that.
You shouldn't make the mistake of thinking you can get a standard homeowner's policy for manufactured housing. These homes are different in many ways from traditional homes. For one thing, they are considered personal property, not real estate. Manufactured homes can be moved. Moving one of them is not covered under your homeowner's or your automobile insurance. You may need to take out trip coverage to protect your investment when it is being transported from one site to another.
If you bought land to put the house on, the house won't be livable until the land is leveled, a well has been dug, a septic tank put in, and electricity run. In the meantime, you have a house sitting vacant. You should discuss with your agent how best to insure the house before you move in. You might also discuss the situation with the manufacturer.
There are similarities between manufactured housing policies and those for site built homes. Both are covered for what insurers called named perils. These are unexpected events like robbery, vandalism, water damage, and wind storms. Named perils are specifically identified in your policy. Your coverage won't extend to all kinds of damage. Floods, insect and mold damage may have to be added to your coverage.
Getting covered for catastrophes like hurricanes, floods, and earthquakes is something you should discuss with your agent. If you live outside the city, you are probably on a septic tank system. It might be worth the extra money to get covered for sewer backup. If the house you have purchased to going to be set in the woods, and used a hunting cabin, getting coverage for wild animal damage might be beneficial.
You must tell your agent if the house you are insuring is other than your main residence. If you are buying one to use as a second home or as rental property, you may be quoted different rates. As with standard homeowners insurance you won't need a separate policy for your personal property like furniture, clothing, and appliances.
Another thing you might want to discuss with your agent is coverage for additional expenses which will help cover your costs if you have to find somewhere else to live while your house is being repaired. Matching siding coverage is something a lot of people don't think about, but you want all the siding to look alike in the event that a portion is damaged and has to be replaced.
Your house is a big investment no matter how humble. You need to protect it. Keeping it well insured, without paying too much for coverage, is one of the best ways to do that.
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