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.
Homeowners policies for traditional homes and manufactured homes are not interchangeable. The types of housing are different. Site built houses, with foundations, are considered real estate. Manufactured housing, set on blocks, is personal property. The difference is in the immovability of real estate. If you have purchased a manufactured house from a private individual, and are moving it to a new location, you will need trip coverage.
If you have purchased land to put your house on, there may be a time period where the land is being prepared, a well dug, and electrical lines strung, before you can actually move into the house. You need to talk to your agent about how best to insure the house while all of this it being done. The manufacturer is also a good source of information for these types of situations.
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.
A house of any kind is an asset. It is important to protect it. Insuring it well, without paying for unnecessary coverage, is sensible way to do it.
Homeowners policies for traditional homes and manufactured homes are not interchangeable. The types of housing are different. Site built houses, with foundations, are considered real estate. Manufactured housing, set on blocks, is personal property. The difference is in the immovability of real estate. If you have purchased a manufactured house from a private individual, and are moving it to a new location, you will need trip coverage.
If you have purchased land to put your house on, there may be a time period where the land is being prepared, a well dug, and electrical lines strung, before you can actually move into the house. You need to talk to your agent about how best to insure the house while all of this it being done. The manufacturer is also a good source of information for these types of situations.
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.
A house of any kind is an asset. It is important to protect it. Insuring it well, without paying for unnecessary coverage, is sensible way to do it.
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