Overview of Manufactured Homes in Florida
Manufactured homes, also known as mobile homes, are a popular housing option for many Floridians. These homes are designed and built in a factory before being transported to their final destination. They are often built to HUD (Department of Housing and Urban Development) standards which require strict design and construction requirements to ensure their safety and durability. Manufactured homes in Florida may be located in designated manufactured home parks, or on private property.Understanding Manufactured Home Insurance
Manufactured home insurance is an insurance policy that is designed specific to mobile homes. This insurance provides coverage for damages to the home, as well as personal property inside the home. It can also provide liability coverage in case someone is injured on your property.Perils Covered Under Standard Manufactured Home Insurance Policies
A standard manufactured home insurance policy in Florida typically covers a range of perils, including:- Fire
- Lightning
- Explosion
- Theft and Vandalism
- Windstorm and Hail
- Smoke
- Aircraft and Vehicle collisions
Perils Not Covered Under Standard Manufactured Home Insurance Policies
While manufactured home insurance policies in Florida provide coverage for a range of perils, there are also some perils that are usually not covered. These include:- Flood damage: You will need to obtain a separate flood insurance policy to protect against flood damage.
- Earthquake damage
- Mold damage
- Termites or other insect infestations
Flood Insurance Coverage for Manufactured Homes in Florida
As mentioned, flood damage is not usually covered under a standard manufactured home insurance policy in Florida. Hurricane season in Florida can bring heavy rain and flooding, threatening manufactured homes. Homeowners should obtain a separate flood insurance policy to protect their home and personal belongings. It is important to note that there is usually a 30-day waiting period before flood insurance coverage becomes effective, so it is recommended to purchase it well before hurricane season.Obtaining Manufactured Home Insurance in Florida
There are many insurance providers in Florida that offer manufactured home insurance policies. It is important to shop around and compare policies to ensure you are getting the best coverage for your specific needs. Be sure to ask about any discounts that may be available, such as bundling your home and auto insurance policies.Factors that Affect Manufactured Home Insurance Premiums
The cost of a manufactured home insurance policy in Florida will depend on a number of factors, including:- The value and age of the home
- The location of the home
- The type and amount of coverage
- The deductible amount
- The homeowner’s claims history
- The presence of safety features, such as smoke alarms and deadbolts