A standard homeowners insurance policy insures the home itself and the things you keep inside. By having homeowners insurance, you can financially protect yourself if there’s an accident. Contact our agency today to learn more about homeowners insurance or to get a no-obligation quote.
What Is Homeowners Insurance?
Home insurance is a package policy, which means that it covers damage to your property after a covered loss and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. There are usually additional coverages or endorsements, also called riders, that you can add to the standard coverages provided by home insurance to ensure adequate protection.
Do I Need Homeowners Insurance?
While purchasing a home insurance policy may not be mandated by the federal, state or local government, your lender may require proof of home insurance if you have a mortgage. Carrying appropriate homeowners insurance is always a good idea as the policy can help financially protect you if you experience a covered accident or other loss. Without home insurance, you may be left to cover the replacement or repair costs on your own following an incident.
What Is Mobile Home Insurance?
Mobile home insurance is an agreement between you and your insurance provider in which you pay an insurance premium for protection against accidents or other incidents, such as vandalism. Depending on your coverage, you may be able to receive financial assistance following a covered loss.
What Does Mobile Home Insurance Cover?
Policies vary among mobile home owners, but standard coverage often includes the following:
- Property protection helps insure your mobile home and any adjacent structures on your premises (attached patio, deck, shed, etc.) against losses due to fire, windstorm damage and damage from falling objects, lightning and explosions.
- Personal property protection will typically cover losses for removable property such as electronic equipment, bicycles, furniture and clothing up to a certain amount.
- Personal liability protection covers losses if someone is injured or something is damaged on your property. A policy may pay for medical expenses for nonresidents of your home and damages or defense costs resulting from other covered incidents.
- Loss of use of your mobile home helps cover costs, such as additional living expenses, if your mobile home becomes uninhabitable following a covered event.
Contact our agency today to learn more about your coverage options.
How to Get Mobile Home or Homeowners Insurance
North Mobile Insurance is ready to assist you in evaluating your mobile home insurance coverage options. Contact us today to request a quote.