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Mobile Home Insurance In Alabama

Last modified: Sep 29, 2022

So, do you own a mobile home? If you do, you need to think about obtaining manufactured home insurance in Alabama. One main reason you need to buy homeowners insurance for mobile homes in Alabama is that most communities and mortgage lenders have made it a mandatory requirement. Without it, you can’t buy coverage. Mobile home insurance in Alabama is different from standard homeowners insurance coverage

Mobile homes or manufactured homes have always had a huge market in Alabama. In that state, mobile homes make about 16% of its housing market, which is around two times the national average. Birmingham, Alabama, is ranked in the top 10 list of manufactured housing retail markets in the country.

In this article, we’ll explain the importance of buying mobile home insurance in Alabama, estimate mobile home insurance rates in the state, give tips on buying, and round it off with a FAQs section.

Do I Need Mobile Home Insurance in Alabama?

Yes, you need mobile home insurance in Alabama. Mobile and manufactured homes tend to sustain more damage than standard on-site constructed homes. Unlike your usual home, a mobile home is made from lightweight material. 

Additionally, mobile homeowners are at increased risk of experiencing structural problems and theft. For the structural issues, you can blame the transport and installation method. Most companies offering mobile insurance provide customized quotes. 

This allows mobile homeowners to select a coverage option that works for them and one that’s within their budget. If you live in Alabama and own a mobile home, trust us, you wouldn’t want to go without one. Alabama experiences lots of tornadoes

The following statistics will tell you why you need manufactured home insurance in Alabama:

Do you want to buy mobile home insurance coverage? If you do, you need to know what is covered in standard mobile home insurance.

What Does Mobile Home Insurance Cover?

Mobile home insurance covers the following:

The insurance coverage is important to your financial health because it only takes one person to file a serious claim against you for it to affect you financially. This can be anything from a dog bite claim or a slip and fall claim against you.

For this reason, you may want to consider buying replacement cost insurance coverage instead of the actual cash value insurance coverage. In the event your mobile home is a complete loss, your property damage insurance can pay the cost of purchasing a new mobile home instead of the depreciated cost of your previous mobile home.

However, the value of your property may be more. You should discuss with your local insurance agent to receive an accurate quote on the amount of contents insurance coverage you should obtain.

Most mobile home insurance providers don’t offer flood insurance. If you reside in a location in Alabama that’s prone to flooding, you should consider purchasing it separately or through the National Flood Insurance Program if your community participates in it. You should also find out if the insurance provider has Alabama wind insurance coverage for manufactured housing.

Mobile Home Insurance Rates in Alabama

Is Mobile Home Insurance Cheaper or More Expensive than Homeowners Insurance?

Alabama mobile home insurance is more expensive than standard homeowners insurance coverage. This is because the risk of living in a mobile home is higher. The premium you’ll have to pay on average for mobile home coverage is around $300 to $1,000 each year, depending on several different factors and circumstances. 

What Factors Affect Mobile Home Insurance Rates?

The factors that can affect your mobile home insurance Alabama quote include:

 

 

What is the Average Price of Mobile Home Insurance in Alabama?

On average, mobile home insurance in Alabama costs around $129 each month. 

 

What Insurance Provider Has the Best Manufactured Home Insurance Rates in Alabama?

The best mobile insurance provider in Alabama is Foremost. Foremost Insurance claims to be the first insurance provider to offer mobile home insurance. The company provides mobile home insurance to around 37 million members of the AARP. 

Some unique offerings include ranch or hobby farm liability insurance and replacement cost insurance coverage. The replacement cost insurance coverage may give you an additional 20% on your property damage settlement. 

Unlike other companies, Foremost doesn’t deduct depreciation on the damaged property. You can replace the damaged items with new items based on their comparable quality and material without needing to settle for less than you had previously. 

The second-best mobile insurance provider in Alabama is Assurant. The mobile home insurance provider has collaborated with Liberty Mutual, GEICO, and Progressive to provide manufactured insurance to policyholders. You can obtain a quote from their website, and if you like it, you can buy it online. 

The company provides you with mobile insurance coverage for events that other insurance companies may not offer, such as flood and earthquake insurance. Although other mobile insurance companies provide these policies separately, Assurant includes them as part of the standard mobile home insurance coverage.

Tips on Finding the Best Mobile Home Insurance in Alabama

If you want to buy mobile home insurance, you need to find the best mobile home insurance in Alabama that works for you. We’ll provide you with tips on how to select and compare the different mobile home insurance companies in the state and then choose the best mobile home insurance in Alabama.

Tips to Buy Mobile Home Insurance

These tips will help you find cheap mobile home insurance in Alabama:

How Much Mobile Home Insurance Do You Need?

It’s important to have mobile home insurance coverage that meets your needs. If you need more mobile home insurance, but you take out less, you’ll find yourself paying more money out of your pocket. You can determine how much mobile home insurance you need to obtain in Alabama by answering these questions:

The Popular Mobile Home Insurance Companies in Alabama

Find out our recommendation for mobile home insurance in Alabama:

  1. Foremost Mobile Home Insurance Alabama
  2. Assurant Mobile Home Insurance Alabama 
  3. Allstate Mobile Home Insurance Alabama
  4. American Modern (AMIG) Mobile Insurance Alabama
  5. Farmers Mobile Insurance Alabama

FAQ

Does Mobile Home Insurance Cover Modular Homes?

No, mobile home insurance doesn’t cover modular homes. A standard homeowners insurance policy covers modular homes. For a manufactured or mobile home, you’ll need to obtain specific coverage.

Who Has the Best Mobile Home Insurance in Alabama?

Out of all the mobile home insurance companies in the state, Foremost offers the best mobile insurance.

Who Has the Cheapest Mobile Home Insurance in Alabama?

If you’re a member of the AARP, the cheapest mobile home insurance for you will be Foremost. If you aren’t an AARP member, go with Allstate due to the various discounts they provide or Assurant if you want your mobile insurance policy to include flood coverage.

What is the Average Mobile Home Insurance Cost in Baldwin County, Alabama?

You can expect to receive mobile home insurance rates in Baldwin County, AL, from anywhere around $839 to $1,139 each year or around $69 to $94 each month.

Who Can Help Me Find Mobile Home Insurance in Alabama?

Our review on mobile home insurance in Alabama can point you in the right direction, but this just one way to find home insurance. Another way is to select a few mobile insurance providers and read their customer reviews. You can also ask family and friends for advice on the subject if they have experience on the subject.

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