Manufactured home insurance is similar to regular home insurance. In general, manufactured home insurance policies provide two kinds of coverage. The first is coverage for your home and personal property such as clothes, appliances other personal possessions against perils such as fire, lightning, wind or hail damage. The second is liability coverage against lawsuits that may be filed by people who are accidentally hurt by your actions or activities.

 

Such claims may include medical expenses, pain and suffering, lost wages, and even property damage. Liability coverage also includes a provision to help pay for your defense in the event of a lawsuit is also available. However, liability coverage does not provide cover for injuries to you or the members of your family. Some companies also provide coverage against theft, smoke, water damages from rain, damages from trees, falling objects, freezing of plumbing systems, weight of ice on the roof, chipped sink, building glass breakage and vandalism, riots and even explosions.

The amount and degree of coverage provided by a manufactured home insurance policy can vary dramatically between insurance providers. It's very important to compare policies before buying, what might look like a bargain at first glance could end up costing you thousands of dollars in the event of a claim. That is particularly true when physical damage coverage is concerned. Some policies, called peril policies, provide basic coverage for only specific causes of loss. Policies that automatically cover most direct, sudden and accidental perils are often called comprehensive policies. These cost more than peril policies and list the few causes of loss that they don't cover in the policy.

Similarly, liability coverage can also vary greatly from policy to policy, especially in terms of the amount of coverage provided. You need to ensure that whatever mobile home insurance policy you opt for provides adequate liability coverage to protect you in the event you are sued and a judgment is delivered against you.

Doing some basic research and comparing policies offered by various insurance companies can help you make an informed purchase decision.