Manufactured and mobile homes are quite common as a  housing choice in Virginia. Owners need to know that trailer homes have unique insurance needs.

How Standard Policies Treat Trailer Homes

Many insurers don’t write a standard homeowners policy for a mobile or manufactured home. Rather, they offer a policy designed specifically for trailer homes. They operate much the same as homeowners coverage. Trailer home owners will be able to get coverage for the structure itself as well as belongings inside the home. Consult your agent at Everett Insurance, serving Glen Allen, VA, for more details.

Details That Shape Coverage

Factors such as age of the home, construction and anchoring methods will affect the writing of a policy. Tie-downs and permanent foundations are other considerations. Winds in Virginia’s coastal and eastern areas can be strong due to tropical weather systems, so take the time to understand wind and hail coverage. Ask if skirting, awnings, sheds and decks are covered. Ask about detached structures on the property. How the home is valued is also important. Some policies will offer replacement cost while others offer actual cash value.

Related Situations to Consider

Flood damage isn’t covered under standard mobile home policies. If you live in a low-lying area you can inquire about flood insurance as a separate policy. Travel trailers and RVs are usually covered by different policies than manufactured homes. If you own a home in a park, you may also have lot-rent agreements where the park owner only takes out an insurance policy for the land and not the actual home. In that case, you as the resident would be responsible for insurance on the home and belongings.

A trailer home can be well protected with a policy built for it. your Virginia agent at Everett Insurance, serving Glen Allen, VA is happy to review options with you. Get in touch today.