Best mobile home insurance companies for 2023

In many ways, our home serves as the base from which we live our lives. Where we choose to live establishes our community, it affects the people we meet, the friends we make, and can impact who we work with. Given that home plays such an essential role, it’s worth protecting. If your home happens to be attached to a chassis or is manufactured housing on a foundation, it requires specialty insurance. Let’s talk mobile home insurers.

Do you need insurance for a mobile home?

Along with covering damage to your mobile home and personal belongings, a mobile home insurance policy can protect you against liability claims if someone suffers an injury on your property or you damage someone else’s property or possessions.

In addition, lenders generally won’t finance a mobile home unless you have insurance. As a result, buying a mobile home in cash is likely the only way to avoid buying insurance. It’s important to note that some lenders don’t offer financing on mobile or manufactured homes, regardless of insurance.

Rocket Mortgage^® provides financing for manufactured homes on a permanent foundation. This isn’t the case, however, for true mobile homes, which are defined as those built before June 15, 1976, or those not attached to a permanent foundation.

The best mobile home insurers for 2024

Now that you know what to look for in a mobile home insurance policy, here are several mobile home insurance companies offering a range of policies. Each has strengths and weaknesses that suit different situations and regions.

1. CoverTree

Our sister company CoverTree offers a broad range of insurance coverage at an affordable price. You can apply online and get a quote in minutes.

Pros

• Coverage for property damage, plus contents and personal liability coverage if anyone is injured or has their property damaged by you
• Coverage for homeowners, renters and landlords alike
• The ability to save up to 40% in just 3 minutes with an online quote
• Special coverage for earthquakes, additional living expenses and even golf carts
• Offers coverage for tiny homes on wheels

Cons

• Availability in only 14 states

2. Foremost Insurance Group

Foremost Insurance Group offers customizable policies for mobile homes regardless of make, model or age. Foremost provides broad coverage and several discounts to increase affordability.

Pros

• Thanks to the Agreed Loss Settlement feature, receiving the full value of your home (minus the deductible) without a hassle if a covered cause destroys it
• The ability to add an Optional Replacement Cost rider to your replacement coverage for your possessions (You’ll receive items of similar quality without accounting for the age or condition of your original items.)
• Discounts for new homes, multiple policies, approved park locations and policyholders over age 50
• Policies that are highly customizable

Cons

• Relatively high prices
• The absence of instant online quotes (You’ll receive your quote via email within 24 hours.)

3. Allstate

Allstate provides numerous insurance types. The company offers detailed policies for mobile home insurance and special discounts.

Pros

• Discounts for original owners, retirees over 55, multiple policies and security devices
• Reimbursement for installing energy-efficient appliances and devices
• Unique riders, such as musical instruments and electronic data recovery
• Nationwide availability

Cons

• Lack of coverage – with its typical policies – for loss-of-use
• The need to add riders for outdoor items and landscaping

4. American Family Insurance

American Family Insurance is a seasoned company offering homeowners, renters and mobile home insurance. The company provides numerous unique perks to stand out from its competition, catering to the needs of those who own a mobile home.

Pros

• The Diminishing Deductible perk that reduces your deductible by $100 when you renew your policy (You can reduce your deductible by up to $500 this way.)
• The Matching Siding Endorsement perk that prevents awkward repairs for vinyl and metal siding
• The Trip Collision Coverage perk, which protects the home if you transport it
• An expansion of water damage coverage with the Hidden Water Damage perk
• Being able to acquire estimates for purchasing a mobile home on the website
• Discounts for smart home devices, multiple policies, new homes and more

Cons

• Your deductible being reset when making a claim, which means having to build the diminishing deductible discount again over 5 years
• Extra cost for coverage on additional structures
• Availability in only 19 states

5. State Farm

State Farm, another insurance giant, offers mobile home insurance. It provides a wide range of coverage you can customize to your liking.

Pros

• Loss-of-use coverage that includes rental income if you rent out your home
• Personal property coverage that applies to your possessions even when they aren’t in the home
• Discounts for security systems, age of the home and a history of insuring your primary residence with the company
• The ability to add coverage for damage from an earthquake or volcanic explosion
• Deductible options that help your policy fit your budget
• Reports of high customer satisfaction

Cons

• Fewer discounts than some other companies
• Challenges estimating pricing if you don’t get a quote
• No riders for water seepage, flooding or business activity

Mobile home insurers for 2025

Now that you know what to look for, let’s go over the offerings of several mobile home insurers along with the advantages and disadvantages of each carrier.

1. CoverTree

Our sister company CoverTree offers a number of coverage options at a price you can afford. You’re able to get a quote online in minutes.

Pros

• Coverage for damage, personal belongings and personal liability in the event of injury or property damage by you to someone else.
• Coverage for homeowners, renters and landlords
• Easy and rapid online quote process
• Variety of special coverages including incidental farming, trip, equipment breakdown, and identity fraud
• Coverage available for manufactured and mobile homes, tiny homes, ADUs and other structures

Cons

• Although expanding, not quite available nationwide.

2. Foremost Insurance Group

Foremost Insurance Group offers policies that can be customized for your home regardless of make, model or age. They also promote several available discounts.

Pros

The company’s agreed loss settlement pays you the full amount of your insurance policy, minus deductible, if your home is destroyed.

• Alternatively, you can pay for replacement cost coverage, which will replace damaged property with comparable material and quality to what you had before.
• Discounts for new homes, multiple policies, approved park locations and policyholders over age 50
• Policies that are highly customizable

Cons

• Relatively high prices
• The absence of instant online quotes (You’ll receive your quote via email within 2 – 3 business days.)

3. Allstate

In addition to offering mobile home insurance, Allstate offers policies for many different items you may need covered. Because of this, you may save by bundling.

Pros

• Discounts: original owner, multiple Allstate policies, protective devices, age 55 and retired, claim history
• Unique riders, such as musical instruments and electronic data recovery
• Nationwide availability

Cons

• Lack of coverage for loss-of-use
• The need to add riders for outdoor items and landscaping

4. State Farm

State Farm is another carrier that has a fairly wide coverage area. Like Allstate, you may find that you can save on premiums if you have multiple policies with the company.

Pros

• Loss-of-use coverage can include rental income if you rent out your home
• Personal property coverage that applies to your possessions even when they aren’t in the home
• Discounts: Security systems, home age, and history of insuring primary residence with State Farm
• The ability to add coverage for damage from an earthquake or volcanic explosion
• Deductible options that help your policy fit your budget

Cons                                                                                                                                                                                      

• Fewer discounts than some other companies
• Challenges estimating pricing if you don’t get a quote
• No riders for water seepage, flooding or business activity

5. American Family Insurance

American Family Insurance is a seasoned company that offers homeowners, renters and manufactured home insurance. The company provides unique positive features to stand out from its competition, catering to the needs of those who own a manufactured home.

Pros

• Diminishing Deductible coverage reduces the upfront cost of an insurance claim $100 for each year you don’t have a claim (up to $500)
• The Matching Siding coverage allows you to replace damage as well as undamaged siding to match.
• An expansion of water damage coverage with the Hidden Water Damage perk
• Discounts for smart home devices, multiple policies, new homes and more

Cons

• Your deductible being reset when making a claim, which means having to build the diminishing deductible discount again over 5 years
• Extra cost for coverage on additional structures
• May be somewhat regionally limited

Top-rated mobile home insurance companies: At a glance

The table below is a simplified breakdown of the five companies. Keep in mind that choosing insurance is personal and not every company will be a good fit for your mobile home insurance needs. Take the time to do some research and find the insurance company that works best for your situation.

When looking at pricing, consider the overall cost of insurance coverage. Some companies will offer “discounts” based on the relative risk of insuring your property. Others just bake those risk factors into the base price.

FAQs about mobile home insurance companies

Mobile home insurance is complex, and policies vary by company. As a result, questions can arise as you sift through quotes, discounts and add-ons. Here are some frequently asked questions and their answers.

How much is mobile home insurance?

Mobile home insurance costs between $300 and $1,000 annually, according to Insure.com. Your mobile home insurance cost depends on several factors, including your location, the age of the home, and added coverage needs.

What does mobile home insurance not cover?

Generally, mobile home insurance policies don’t cover:

• Water damage from floods, backups and sewers
• Wet or dry rot
• Pests
• Earthquakes
• Normal wear and tear

However, you may be able to purchase add-ons to expand your coverage to specific areas.

How do I get insurance for a mobile home?

You can get insurance for a mobile home by visiting a mobile home insurance company in person or online. Typically, you can receive a quote by submitting your information online, chatting with an agent or representative, or obtaining your local agent’s contact information from a company website.

The bottom line

Mobile home insurance can bring peace of mind by insuring your home and possessions. In addition, it can protect against the risks of transporting the home, incurring damage to personal property, a guest suffering injury and loss, and living in an area prone to natural disasters.

Mobile home insurance companies offer an array of perks, discounts and add-ons to help you customize your policy to fit your needs. Researching various companies and obtaining multiple quotes can reveal which company will serve your needs best.

If you’re in the market for a mobile home, explore your loan options with Rocket Mortgage.