Buying a mobile home can feel like a completely different experience. People who buy a mobile home sometimes think they can safely skip insurance since the units are less expensive than a traditional home. But that can be a big mistake, given how cheap it is to insure a unit. 

Several factors will determine your mobile home insurance policy premium. In this post, we’ll examine some of them.

Condition 

Condition is another factor that determines the cost of your mobile home insurance policy. For example, if your mobile home is old, it tends to have more wear and tear that needs repairs, making the house subjected to higher insurance premiums. 

Size

The size of your home is one factor that influences the cost of a mobile home insurance policy. Bigger mobile homes will cost more to insure, while smaller units will cost less.

Value 

The more valuable the stuff in your mobile home is, the more costly to insure. However, you can buy additional coverage beyond your standard insurance policy to cover things like collectibles, jewelry,  and more.

Claims history

Your insurer will consider your claims history when determining the premium for your policy if you have a homeowners or mobile home insurance policy. 

Location 

Your state will influence your mobile home insurance premium. For example, it usually costs more money to buy mobile home insurance coverage in a state with harsh weather than in states with more favorable weather.

Insuring your mobile home is one of the best ways to protect it from unforeseen hazards. You can get this policy from many insurance agents out there.