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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
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Florida retains the largest manufactured housing market in the U.S. Also known as “mobile homes,” manufactured homes are typically more affordable and lower-maintenance alternatives to traditional single-family homes. A mobile home’s affordability could make it a good starter home or an ideal place for a retired individual. To stay on budget, finding the right mobile home insurance in Florida is essential. A homeowners insurance policy provides similar coverage, but a Florida manufactured homeowners insurance policy is best suited for mobile homes.
A mobile home is built in a factory and moved to a home site (typically a mobile home park) where other mobile homes are situated — hence it being labeled as “mobile.” It is designed to move, although doing so can be a slow and laborious process.
A mobile home could also be referred to as a manufactured home, although they are not technically the same thing. The main difference between manufactured and mobile homes is the date of construction. Mobile homes were constructed on or before June 15, 1976. Manufactured homes are the modern version of the mobile home.
Florida mobile home insurance is not mandatory unless you have financed your mobile or manufactured home. In that case, the lender will likely require you to have a Florida mobile home insurance policy for as long as you are making payments. Although you are not required to have manufactured homeowners insurance in force, having coverage could save you from a serious financial loss in case of damage or loss from a fire, hurricane or burglary.
As mentioned, mobile home insurance is similar to homeowners insurance. A basic manufactured home policy in Florida covers perils such as winds, fire, wind, theft, vandalism, explosions, snow and ice (even if rare in the state). Flood damages are not covered perils; you will need to purchase a separate flood insurance policy.
Mobile home insurance typically includes:
When purchasing mobile home insurance in Florida, there are a few state-specific things to keep in mind that could help you find the right amount of coverage at an affordable price.
If you are living in an older mobile home, especially one built prior to June 1976, it may be more difficult and costly to insure. Although your insurance options may be limited, you can still shop around by getting quotes from at least a couple of carriers to find the best price. Additionally, because age could impact the condition of a home, this may be a contributing factor to premiums.
Conditions at the mobile home site, such as a skirted or enclosed foundation as a base and tie-downs that properly anchor the mobile home according to local or state code requirements, could lower the cost of coverage. If your home is in a mobile home park, your premiums may also be lower.
Florida is unfortunately prone to hurricanes and has the greatest number of direct hurricane hits in the country. Insurance companies in Florida are required to expand coverage against wind damage from named hurricanes, but a mobile home policy does not cover flooding. You will need to purchase additional flood insurance through FEMA’s National Flood Insurance Program (NFIP) or a private home insurance carrier to provide coverage.
Flood insurance may be required if you finance your manufactured or mobile home. Mobile home insurance carriers often have a separate deductible for hurricane damage, which could be a flat-fee deductible or a percentage of the value of your manufactured home.
A mobile home policy is typically more expensive than home insurance, especially in Florida. Mobile homes are built offsite in a factory and then attached to a foundation, making them potentially more vulnerable to damages. Their lighter construction makes a manufactured home easier to transport, but the lighter build may not withstand hurricane-force winds as well as a traditionally-built home.
A mobile home is older (and generally more expensive to insure) than a manufactured home. While you can refer to either type of home by the other name, the U.S. Department of Housing and Urban Development (HUD) has concluded that mobile and manufactured homes are different. To be classified as a manufactured home, it must have been built on or after June 15, 1976 and meet certain building specifications.
Some of the factors that may affect manufactured home insurance in Florida most are age, condition and location. Old mobile homes made prior to new building codes for manufactured home are generally more difficult and expensive to insure than newer manufactured homes. Some counties in Florida have cheaper premiums, but the value of the home is another big factor.
The quality of the mobile or manufactured home build could make a significant difference in what your premium will be. Newer mobile homes often feature amenities you would find in a traditional build home, such as wood floors and granite countertops. The more expensive upgrades could raise the cost of your mobile home insurance.
Not every insurance company provides manufactured home insurance in Florida. Some of the larger carriers that sell mobile home insurance in Florida include Allstate, Foremost, Geico, State Farm and USAA.
Bankrate.com is an independent, advertising-supported publisher and comparison service. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products appear. Bankrate.com does not include all companies or all available products.
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