Even though mobile home insurance and homeowners insurance are somewhat similar to each other, there are particular differences between both of them that you must be aware of while on the look out for mobile home insurance. Presented here is certain information about the coverage of mobile home insurance as well as how you can acquire a cheap mobile home insurance policy.
Mobile Home Insurance
This is what is covered in mobile home insurance:
1. Your Mobile Home
Mobile home insurance basically covers your mobile home as well as certain other structures that you possess which are not attached to it. Mobile home insurance pays to restore or revamp your mobile home after it receives damage by fire, storms, wreckage, lightning, detonation, plumbing leaks, or any other unpleasant incident that has been mentioned in your policy.
Mobile home insurance policy is of two types, which are replacement cost coverage and actual cash value coverage. Replacement cost coverage pays to substitute your mobile home in case it gets damaged. On the other hand, actual cash value coverage also pays to replace your home after it suffers from some damage, but it only pays for its depreciated value.
Standard policies do not usually offer coverage for your mobile home while you are on the move, but it is possible for you to purchase trip collision coverage if you think you will be transporting it.
2. Personal Property
Mobile home insurance further covers your personal property such as your clothes, personal appliances, furniture, electronics, tools, sports equipment, etc. It pays to reinstate them in case they suffer damage by the aforementioned calamities.
Mobile home insurance also provides coverage for your assets. It pays for a third party's medical expenses in case you or someone from your family hurts them unintentionally, and also covers property damage expenses if you or your family damage their property. It further covers your court costs and legal fees.
Cheap Mobile Home Insurance
If you wish to acquire the best price on online mobile home insurance, than it is extremely important for you to get quotes from a number of different insurance companies. The best method of doing so is to contact an online insurance site where you can get quotes from several companies. All that you have to do is fill out a simple questionnaire and wait for your quotes.
Remember that high rank online insurance comparison sites work only with A-rated companies, so you do not have to worry about not getting paid for a claim. The best online insurance sites offer several articles as well as an online chat service for you to receive answers to all of your questions from insurance experts!
This is what is covered in mobile home insurance!