Mobile Homes, Double Wides, Single Wides, Modular Homes, Manufactured Homes, Trailers
Mobile homes are a prefabricated structure, built in a factory on a permanently attached chassis and is then transferred to a home site where it can be installed on either piers with tie downs or affixed to a permanent foundation (basement or crawlspace).
Mobile Homes and H03 Homeowner policies
Historically, if the home was installed on a permanent foundation, most insurance companies would write the risk on a regular H03 Homeowner policy. Starting in 2008 with Hurricane Ike and the latest with super storm Sandy, these homes sustained significant wind damage and most insurance companies have responded by inspecting these risks. If a mobile home was written on a H03 homeowner form, insurance companies have elected to re-write their insured to a mobile home insurance policy or cancel/non-renew the insured’s homeowner policy altogether. Click here to see Ohio Insurance Institute’s Wind/Hail History through March 2013.
Mobile Home Insurance Policy
With these drastic changes by insurance companies, Logan Insurance Agency has also reacted by partnering with additional insurance companies that specifically write Mobile Home Insurance including the #1 insurer of Mobile Homes, Foremost Insurance. We understand these type of risks and we are able to offer owners of these homes quality and affordable policy options.
Available Comprehensive Coverage on your Mobile Home – This means you are covered for most sudden and accidental physical losses including: fire, lightning, explosion, vandalism, landslide, falling objects, explosion, burglary or robbery, water damage from burst pipes, collapse from the weight of ice and snow, and wind or hail damage.
Other coverage included in your standard Mobile Home policy are, Liability, Additional Living Expense, Personal Property, and Guest Medical Payment coverage.
Optional Coverage is available for identity theft, earthquake, water backup of sewers & drains, scheduled property like jewelry and guns, and trip coverage if you would need to move your home.
Age and Value of your Mobile Home
Generally a mobile home’s value is depreciated over time, just like an automobile. Replacement coverage is available for newer model year mobile homes and replacement cost on partial losses may be available for older mobile homes. Call us at 740-385-8575 and our professional insurance agents can assist you in obtaining the proper insurance for your mobile home.