Mobile Home Home Owner Insurance

Mobile Home Home Owner Insurance Facts

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Mobile Home Home Owner Insurance Facts in Answers

Average price for mobile home insurance? I am thinking about buying a mobile home from a family member and was wondering if anyone could give me some ideas on how much home owners insurance might cost

Betsy replied: "That would really depend on where you live. It would be MUCH higher here than most other places in the country."

great keep writingnevergive up replied: "I live in a mobile home, I don't know how much it is per year, but can give you an estimate of what I paid which was around two hundred dollars the first time. of course yours may be different J J"

finfan43 replied: "There is a lot of factors involved The amount of insurance, where you live,does it have a skirt, is it anchored, is it actual cash value on the mobile home or 100% replacement cost etc..... On the average... i have seen anywhere between $250.00 a year to $500 per year."

I need to cancel my mobile home owners insurance. Where do I go? Foremost Insurance policy #170-0646450033-07

Gal in MN replied: "Contact your agent."

golferwhoworks replied: "agent or quit paying"

Gertie replied: "I use foremost and know they send bills out just write please cancel my service or you could go to and see if there is a link on there to cancel your service."

src50 replied: "You go to where you bought it."

Are there any companies that will give you a home owner's insurance if you have any medical problems? My sister and her husband have tried to get home owner's insurance but were turned down. She said they were denied because her husband is a diabetic and she is considered obese because of her weight She may be overweight BUT not obese. They need the insurance in case of one of the other's demise in the future that the home will be paid for. They are purchasing a triple-wide mobile home in North Carolina. Can you please give me the name(s) of insurance companies that will be able to give them home owner insurance in North Carolina. Thank you all for your assistance in the aforementioned matter. Ro (Henderson, NC)

rgamecock1 replied: "Look by law these insurance companies can turn an applicant down because of medical problems. I know that sounds cold, but really if you think about it they do not want to take a big chance at paying out an amount of money they could have avoided. Look what needs to be done here is the husband really needs to get his diabetes under control and the wife needs to lose a lot of weight that will get her down to being acceptable under insurance standards. Insurance in this case is going to be extremely hard, if they do find one the premiums are going to be really high. Insurance companies are extremely smart, they are not going to issue insurance to a high risk individual because of exisiting health conditions. Both of these individuals need to get the exisiting medical conditions under control, then go to a licensed family doctor and have them to verify the diabetes is under control and the overweight problem is no longer an issue. I know this sounds cold, but this is how it works. Think about this, if you were an insurance company and you had an applicant that had aids, would you issue a policy? I think you know the answer, and it is no. The same is here, it looks like if these two people do not get their health under control then one of them likely will pass. The insurance company knows this, and they are not going to issue a policy when they knew these conditions existed. Bad business practice."

deep5223 replied: "First of all, they are not looking for Homeowners Insurance. That is insurance on the house to protect them against fire or other damage to the house. What they are looking for is mortgage life insurance which will pay off if one of them dies. Since they have health problems, the best bet would be to go through the company where they have the mortgage. It will probably be impossible to find a company that will insure them outside of the mortgage company itself. Try that and good luck."

Reenie replied: "You could also try this site for help. There is a lot of good insurance information here. Good luck to you!"

pokerplayer528 replied: "The following site has a great free insurance quote feature. You can see side by side comparisons from the best insurance companies."

ebuythismobile1 replied: "yes but more expensive"

Who pays for the home insurance when you are owner financing it? Also in the state of Texas what insurance c? Who pays for the home insurance when you are owner financing it? The seller or the buyer? Also in the state of Texas what insurance companies provide mobile home insurance?

Glenn S replied: "The buyer pays to insure the property. Make sure that you as the beneficiary is also named as "additional insured" (lien holder-first mortgagee) on the policy. Also make sure that the coverage is at least high enough to cover the amount that is owed you in case of a total loss. What worries me is that by you asking this question if you are prepared to carry the financing. I'm assuming that you are carrying the 1st trust deed. If you are carrying a 2nd TD, I would just say be extremely careful."

src50 replied: "Whoever holds title to the home."

mbrcatz replied: "Who's name is on the title, at the registrar of deeds? Until the title is passed to the buyer, the house is just a RENTAL, and needs to be insured that way. If this is a land contract, the SELLER should keep the policy to 1. make sure it gets paid and 2. make sure they have coverage in place, should the contract revert to rental. The buyer should THEN carry a renters insurance policy. If the deed is being transferred immediately, then the BUYER gets the policy. Then the seller just has to hope that the policy gets paid. Most of the time, owner financing is more hassle than it's worth. If the person isn't credit worthy enough to secure a mortgage on their own, they're most likely going to default on YOUR mortgage, also. Then, depending on the condition of the property, you're left with something basically unsellable. For mobile home insurance, find an agent that represents Foremost INsurance -. If the home is more than 20 years old, it's uninsurable. After 20 years, they depreciate to nothing."

Insurance for old mobile home.? I believe the mobile home is old enough to which most insurance companies will not allow home owners insurance coverage for. However, I am not the home owner. I was looking at renting this and I want to get renters insurance for my belongs inside. Can I still do this?

mbrcatz replied: "yes. You'll get a regular renters insurance policy, for your stuff, and your tenant liability."

Roger replied: "homeinsurance.awardspace.us - try this one. Got my home insurance from them. As I know they provide such a service."

Genevieve B replied: "Home insurance covers lots of different things. I don't understand all the fine print of my policy, but my home insurance agent is always a phone call away. Try visting your agent or a homeowners agent in your town. They should be able to assist you."

My home owners insurance company isnt wanting to pay out for our mobile home that shifted from a tornado.? We where hit by a tornado 3 weeks ago. Our insurance company keeps saying that we dont have 39,000 dollars worth of damage. But yet they want us to replace everything all the way across the front and down one side. The floor all the way thru the mobile home is messed up. The master bathroom is got to be redone completely. I need a new roof because it has a leak. But the adjuster says because she cant see a hole that more than likely they wont pay to have it fixed. Wouldnt it be cheaper for them to total it out? Should i take legal action? Sorry this was so long. The adjuster said that the roof was so well cool sealed that she couldnt find a hole. The wind damage put holes from one end to the other and busted out 3 windows. From the wind shifting the trailer the flooring poping up everywhere. When you walk across it you can feel where its uneven. Plus my camper was pushed into the outside near the master bathroom puting holes in the wall. It also pushed the bathroom counter forwards. It also knocked the mirror off the wall at my tub and put a hole in the wall also.

kh replied: "if you are insuring the home at replacemetn value and its 39000 they won't total it out if there is not enough damage. they should pay to fix what is wrong with the home to get it back to the state it was in before the damage. if thats what they are offering then its correct. they aren't going to total loss it just because you wan them to. why would they pay out for a new home if its going to cost more?"

mbrcatz17 replied: "OK, there are two issues here: 1. Damage that was done by a tornado - aka, wind damage and 2. existing maintenance issues, such as the roof. The insurance isn't going to pay for maintenance issues. You're not specifying what damages were done from the tornado, and what damages the insurance company is requiring you to fix. One problem with mobile homes is, they eventually rust into irrepairability. Like that roof. By the time they're 20 or 25 years old, they're worth NOTHING. Just because there's some wind, does NOT mean they total it out - they are NOT responsible for anything except wind damage. Likely, they're asking you to fix maintenance issues, because if you don't, they can cancel your policy. And if this is an older mobile home, they're probably trying to get off of the policy. Regarding legal action - you'll have to consult an attorney, but likely it's going to end up costing you out of pocket."

Can somebody tell me the difference between a mobile home and a manufactured home? I noticed it makes a difference in the cost of your home owners insurance. I always call my place a trailer house. I looked at the specks on mine and it said a manufactured home. I never thought about it till I started shopping for insurance.

g'day replied: "I think the difference is that a mobile home can be driven."

wood42ras replied: "a moble home comes on a steel frame and wheels...has a tongue that usually stays with the home....a manufatured home is some what the same but comes in piece that are connected at the site....both usually have thinner walls and less insulation then a stick build house"

sterling roses replied: "A mobile home is a structure that can be disassembled and moved on wheels that are attached to its frame under the home. It has a tongue or hitch that can be attached to a heavy-duty hauler. A manufactured home, on the other hand, is a home that is build at the factory in sections. When you buy it, it is transported in sections to the site, and is usually situated on real property, not a mobile home park. It is put together and is expected to stay in one place just like a frame house would be. There are more options with a manufactured house, because it does not have the restrictions of the width of the highway to contend with, and you can add or refuse certain sections in the buying phase. Both mobile homes and manufactured homes must be inspected by a state inspector for safety purposes, prior to issuance of a C of O or Certificate of Occupancy, to make sure thay are set up properly."

Older mobile home / no title...How could someone buy and remodel it legally? Mobile home was probably "done away with" when property it was on sold. Past owners long gone. The man offering it for sale, was the one who hauled it off. Was just wondering if a person bought it, if they would be safe in doing so. Can you get insurance? Do you apply for a lost title like with a vehicile?

wizjp replied: "State specific; I'd check with the DMV. IN some states, the title is "turned in" when the home is placed on a foundation; I'd locate and have the VIN number when I called just in case. Could be a lot of problems"

kokopelli replied: "A mobile home is not real estate, it is personal property. You can buy and sell it like any other personal property, and I don't believe there is any such thing as a title to something like that. You could check with the DMV and see if there are any requirements for something liket hat, but this may be impossible because if there are they would want all sorts of proof that does not exist so the best thing to do is just forget about it. I had the same problem with a canoe in New Jersey, (any boat over a certain length is supposed to be registered) there was no title and it was so exasperating I finally said the hell with it. All they want is the money in fees anyway so let them go pound salt on that one."

Ari replied: "You may be able to file a lost title claim on the mobile home. Even if its put on a foundation, if it ever had a VIN number it would still be considered a titled vehicle. Look for the VIN number on the mobile, and check with the DMV to see if you'd be able to do a lost title on it."

Homeowner's Insurance Prices? I'm going to be buying a mobile home in the next 6 months in Southeast Georgia, and I'm trying to get a good range of prices for what I'd be paying in Home-owner's Insurance. The mobile home is $53,000 and we won't have any outlying buildings. Since the mobile home isn't at the location yet, I can't get anybody to give me a quote yet, so right now I'm just looking for a price range so I can budget accordingly. Any help is greatly appreciated

mbrcatz17 replied: "Homeowners insurance isn't the same as mobile homeowners insurance. Ya know, if I could talk you out of buying that - I would. It's not an investment, it depreciates almost as fast as a car, and when it's 25 years old, it's worth NOTHING, and uninsurable. But expect to pay $400 to $800 a year for it."

MARK S replied: "Check with somebody who writes Foremost Ins. They are by far the biggest writers of mobile homes. The policy is very similar to a homeowners policy for a stick built house."

Jessica replied: "i would say 500-1000 a yr."

Where can I get a first time home loan with very bad credit and little to no money down? My husband makes pretty good money and we are trying to reestablish our credit by making payments on a car. Most of the things on our credit reports are for old credit cards that only had low limits and medical bills. We live in a mobile home right now that is supposed to be a buy for program, but the lender closed and sold it to another company and they say they don't know anything about it. The actual loan is in my husband's sister's name, but we make all the payments and even pay the taxes every year on it. We also carry the insurance for it. I don't know if a home lender would consider this information when we try to appy for a mortgage? We've also considered maybe owner financing homes, but we want to live in a rural area and have some acreage and I don't know if there are many people selling their homes like this in these areas? I hope that someone can help me.

laura_sahlin replied: "My husband and I are having the same problems...I have decent but not great credit and he just recently got some credit so it sucks too lol...and we are looking for a first time house loan. If you get any good answers, let ME know lol! :)"

piper replied: "I don't know all the in's and out's about them, but have you tried a land contract."

FinanceMan replied: "I am a mortgage specialist. I specialize in helping people with challenging credit. What are you calling "very bad credit?" What are your credit scores? The payments that you are currently making on the mortgage are not being applied to your credit file because your name is not on the mortgage. If you are making the payments on time, then you are giving your husband's sister good credit because the payments are being applied and recorded on her credit bureau. This situation is too complex for us to discuss here. Please contact me at as soon as possible."