According to the most recent U.S. Census, there were 39,267 occupied mobile homes in Utah, the Beehive State. This type of housing provides an affordable way for many of Utah’s citizens to become homeowners. Whether you own a traditional trailer-type home, or a permanently-situated manufactured home, a comprehensive mobile home insurance policy can help protect the investment that you have made in your house. If you are among the 5.1 percent of Utah homeowners who have this type of house, comparing manufactured home insurance quotes can enable you to save money by ensuring that you are getting a good policy at a competitive rate.
Mobile home insurance is a specific type of homeowners insurance policy that is designed to meet the unique coverage needs and risks faced by owners of this type of home. Mobile homes, which are more commonly referred to as manufactured homes, have evolved over the years and, since 1976, have been built to meet stricter HUD safety and building material standards.
Manufactured homes are built in a factory, and are then transported by to their intended location. Once at the site, they are fastened to the ground using straps and anchors. Although these anchors are quite strong, homes that lack a below-ground foundation are more susceptible to wind damage, particularly in the event of a tornado.
Modular homes, on the other hand, are built in sections in a factory and then assembled at their permanent locations. Because modular homes tend to appreciate, rather than depreciate, in value and are permanently located, they are covered by traditional homeowners insurance policies.
Like their traditional home insurance counterparts, mobile home insurance policies are designed to protect Utah residents from property loss and damage, and also from liability claims including libel and slander. If a guest is injured on your property because of negligence on your par,t or if your children or pets cause property damage or bodily injuries to others, your mobile home insurance may be able to provide the necessary compensation to cover medical and repair costs, as well as any associated court costs and legal fees you may accrue.
Inclement weather such as thunderstorms, hailstorms, heavy winds and even tornadoes can cause a lot of problems for manufactured home owners. These homes are not as sturdy as many traditional homes, and in heavy winds, the anchors can loosen causing the house to topple over.
One important thing to make note of is that mobile home insurance policies do not include coverage for flood damage. While floods are not a common occurrence in this mostly-desert state, they do happen. When flood waters reach homes that are built on slabs, the water cannot be contained to a basement, and it therefore frequently damages the living areas of the home. This can destroy expensive electronics, major appliances, furniture and other possessions. The only way to get coverage against this type of disaster is by supplementing your policy with an NFIP-backed flood insurance policy.
The most recent statistics place the national burglary rate at about 6.70 burglaries per every 1,000 residences. Utah’s overall burglary rate of 4.53 is significantly lower than the U.S. average; but in areas such as Salt Lake City and Ogden, the rate is much higher. Because your insurance policy is designed to compensate you for losses that result from property crimes, owning a mobile home in a higher-crime area is likely to elevate your mobile home insurance rates.
You may be able to save money on your insurance policy if you take preventive measures such as installing dead-bolts, burglar alarms and motion-detecting lighting, since many insurance companies offer discounts for doing so.
In the event that your home is burglarized, contact the police and file a report as soon as possible. You will need a copy of this report, as well as a detailed listing of all stolen or broken items, when you call your insurance company to file a claim.
Utah is among the least expensive states in which to insure a home. Because mobile home insurance policies are generally less expensive than traditional home policies, you can expect to find a number of policies at very affordable rates.
The cost of your specific policy will vary according to a number of factors, including:
You may be able to get an even lower rate on your policy if you qualify for certain discounts that may be offered by the insurance companies you contact for mobile home insurance quotes. Some examples of discounts you may find include reduced rates for:
Be sure to ask about possible discounts every time you request manufactured home insurance quotes.
Obtaining and comparing a variety of manufactured home insurance quotes in Utah can be time-consuming and, at times, frustrating. When you work with an insurance agent in the Trusted Choice® network, comparison shopping can be easier. These independent agents have relationships with a number of highly-rated insurance companies, and can use these associations to provide you with a selection of competitively-priced policies from which to choose.
Local agents understand the unique risks faced by residents in their Utah communities, and are therefore best equipped to help you obtain a suitable policy that meets both your coverage and your budgetary needs. Find a Trusted Choice agent near you to learn more about your mobile home insurance coverage options.