FAQs

/FAQs/

I’d like to buy general liability coverage, property coverage for my buildings, and loss of business income coverage. Do I need three separate policies?

2019-04-24T18:35:20+00:00

No. In fact, it’s best to buy them as a package if you can. You save money and get significantly better overall coverage if you buy a specialty apartment insurance package that usually includes all of these coverages.

I’d like to buy general liability coverage, property coverage for my buildings, and loss of business income coverage. Do I need three separate policies?2019-04-24T18:35:20+00:00

I heard on the news that manufactured homes are unsafe in windstorms. Is that really true?

2019-04-24T18:33:19+00:00

It can be true for pre-1986 manufactured homes in poor condition. However, manufactured homes built in the past ten years actually carry higher wind ratings than most site-built homes. When properly set, a modern manufactured home is very safe.

I heard on the news that manufactured homes are unsafe in windstorms. Is that really true?2019-04-24T18:33:19+00:00

How can I get a really low insurance premium?

2019-04-24T18:32:36+00:00

Work with an insurance agent that is contracted with the best mobile home insurance companies and knows which ones offer the best value in your area. Raising your deductible and choosing to pay in fewer payments also lowers your premium.

How can I get a really low insurance premium?2019-04-24T18:32:36+00:00

My mobile home dealership doesn’t transport or install the homes it sales. Do I get a rate break if others do it?

2019-04-24T18:29:30+00:00

Yes, you do, as long as you get these subcontractors to provide you with proof of insurance and name you as an additional insured on their insurance policy. You should also use a written Performance Agreement with every sub-contractor. And remember, that you are ultimately responsible for your sub-contractor’s negligence in most cases.

My mobile home dealership doesn’t transport or install the homes it sales. Do I get a rate break if others do it?2019-04-24T18:29:30+00:00

I have a number of homes in my mobile home inventory. How much should I expect to pay to cover these unsecured mobile homes while I own them?

2019-04-24T18:28:42+00:00

The rate varies significantly with the primary rate factor being geography. These property insurance rates are higher in the Gulf Coast, Atlantic Coast and plains states. They are lower in New England and much of the Mountain west. The average national annual rate is about 1% of the wholesale value of your inventory.

I have a number of homes in my mobile home inventory. How much should I expect to pay to cover these unsecured mobile homes while I own them?2019-04-24T18:28:42+00:00

What are the typical insurance coverages/policies purchased by a Mobile Home Dealer?

2019-04-24T18:28:15+00:00

General liability is the most important. It protects you when your negligence leads to bodily injury or property damage suffered by others. If you have inventory, you need inventory (open lot/ builder’s risk) coverage. If you have vehicles, you need commercial auto coverage. If you own no vehicles, you need hired/non-owned auto liability coverage. If you have employees, you need workers compensation insurance. All dealers should carry loss of business income coverage, too.

What are the typical insurance coverages/policies purchased by a Mobile Home Dealer?2019-04-24T18:28:15+00:00