understanding your insurance policy

7 Add-Ons For Your Mobile Home Insurance Policy

1 June 2021 by Tuĝba Van Den Heijkant

Most standard mobile home insurance policies are designed to provide you with dwelling coverage, other structures coverage, personal property coverage, and liability insurance. However, that is not the only coverage you can get with your mobile home insurance policy. There is also a wide range of add-ons that you can add to your policy for additional protection.

1. Additional Living Expenses

When your mobile home is damaged due to a covered incident, for example, a fire, you will not be able to live in your home while it is being fixed up or replaced. With additional living expenses, if you cannot live in your home, your insurance will provide you with money to live somewhere else, such as a motel or short-term rental, while your mobile home is being fixed.

2. Trip Collision Coverage 

You can move your mobile home around to a new piece of property. With trip collision coverage, if you choose to transfer your mobile home to a new location and it is damaged in the process, trip collision coverage will pay for any damage.

3. Appliance Breakdown Coverage 

Appliance breakdown coverage, which goes by various names, will help pay for some of the expenses of fixing any major appliance or electronics that break down in your mobile home, such as the water heater or the HVAC system.

4. Earthquake or Flood Insurance

If you live in an area where earthquakes or floods are a possibility, you will want to add earthquake coverage or flood insurance. However, earthquakes and floods are generally not considered part of the covered events your insurance will cover as part of a standard policy.

5. Water Damage

With some insurance companies, you can add on water damage coverage. This will cover water damage due to things such as a backed-up drain or sewer. It is not the same as flood coverage, which is a different policy.

6. Identity Theft

More and more insurance providers are adding identity theft coverage to mobile home insurance and homeowner's insurance policies. In general, identity theft coverage is designed to help provide you with assistance when you experience identity theft and can help you recoup some of the costs.

7. Extra Valuable Insurance

If you have valuables that exceed the limits of the personal property protection on your property, you can protect them with extra valuable insurance. This is for high-price items such as artwork, jewelry, and some electronics.

As you craft your mobile home insurance policy with your insurance provider, think carefully about what add-ons you need based on your particular situation. For example, most people can benefit from additional living expenses add-on; the other add-ons are based more on your personal situation.

To learn more about mobile home insurance policies, reach out to a local agent.

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