Is Mobile Home Insurance Required?

For those thinking about buying a manufactured home, also referred to as a mobile home, in the Altamonte Springs FL area, you may be curious about the insurance you need.  Mobile home insurance is a particular type of homeowner’s policy.  These policies are designed to cover the specific risks that can come with a manufactured home because these homes are built with lighter materials and transported to a location where they are most often tied down with ground anchors to create stability.  The risks come with this type of strapped down-home versus a home built on a concrete foundation.    

Mobile Home Insurance

In Altamonte Springs, FL, you will want to work with an agent that understands the specifics for mobile home insurance.  If your home is financed through a bank or mortgage company, more often than not, you’ll be required to carry a policy to cover the banks’ and your investment.  The home itself will be needed to be installed properly on a permanent foundation that passes a foundation inspection. 

As a homeowner, it’s in your best interest to carry homeowner’s insurance to help repair possible damages, replace assets in the home, help protect you from potential liability claims, or cover the loss of the house if necessary.  Mobile home insurance can be tricky, and you don’t want to end up with out of pocket expenses that could have been avoided. 

Blanchard Insurance

The Blanchard Insurance agents have been helping homeowners with their home insurance needs for over 20 years.  Contact a Blanchard agent today.  We can sit down with you and take the time to answer all of your questions and help assess your unique situation.  This way, we can give you the best options for your mobile home insurance to protect your investment.