No matter what kind of home you have, you need to have it adequately insured to face the risks that are most likely to impact it. Mobile home owners have insurance needs that are somewhat unique among homeowners. Mobile homes face certain vulnerabilities to wind, rain, and hail, largely due to their mobile nature – in that they aren’t built on foundations that standard homes are.
New Jersey mobile home owners must be prepared for year round weather events along with a few surprises along the way. Phoenix Insurance Group understands that versatility required of a comprehensive insurance product for mobile home owners in North and Central New Jersey, and throughout the country. Let us help you understand the products available and what your insurance needs are as a mobile homeowner.
What Kind of Insurance Do Mobile Home Owners Need?
Today’s mobile homes offer an affordable housing option to singles, couples, families, and retirees. They are also an nvestment worth protecting. These policies will help protect your investment, while also providing much-needed peace of mind if disaster strikes.
Comprehensive Coverage on the Home
This coverage extends to the physical structure of the mobile home itself against a wide range of damage types, including:
- Falling objects
- Burglary (attempted or actual)
- Water damage (from pipe bursts)
Most people believe that their mobile home owner’s insurance policy covers damage from floods. However, you’ll need to purchase flood insurance as a separate policy in order to be adequately covered against the damage floods cause.
Attached Structure Coverage
This includes things like decks and porches and even garages, carports, and storage sheds that are attached to the mobile home.
Detached Structure Coverage
Some people have utility buildings, detached garages, and storage rooms on their properties. Detached structure coverage provides protection for these buildings if they are destroyed or damaged by a covered event.
Trip Collision Coverage
The very nature of mobile homes is that they can be moved. Whether you’re delivering them to the initial destination or from one mobile home community to private land or another mobile home community, this coverage protects you from damage done to your home in the event of a collision during the moving process.
If someone gets hurt in your home or on your property, you may be held legally responsible. Personal liability insurance not only helps cover the cost of legal expenses in many cases, but also with the payment of judgments awarded to the other party.
Personal Possession Coverage
You’ve worked long and hard to accumulate your possessions. You may not believe they add up to much until you try replacing them in one fell swoop. Personal possession insurance coverage helps to replace many lost items, minus depreciation.
Extended Coverage for Furs, Antiques, Jewelry, Electronics, and More
Most personal property coverage options are limited in scope. The common limit for item type is between $1,000 and $2,000. This means that if you have numerous items or single items that exceed the total coverage, you could find yourself unable to replace items of significant value in the aftermath of a covered event unless you purchase extended coverage for these items. Potential high-value items include:
- Firearms and Weaponry
- Precious Metals
- Coin Collections
- Stamp Collections
- Electronic Equipment
Phoenix Insurance Group understand the needs of Central and North New Jersey mobile home owners when it comes to mobile or manufactured home insurance. Call us today at 908-879-6500 to determine whether your current insurance coverage is adequate and how we can make a difference.