How Much Does Mobile Home Insurance Cost? Price Ranges & Key Factors
- Nate Jones, CPCU, ARM, CLCS, AU
- Dec 31, 2025
- 3 min read
Mobile home insurance is an essential expense for protecting your manufactured home, personal belongings, and financial security. One of the most common questions new and existing owners ask is: How much does mobile home insurance actually cost?
While prices vary based on several factors, mobile home insurance is generally affordable compared to traditional homeowners insurance. Understanding typical cost ranges and what influences premiums helps you budget accurately and avoid coverage gaps.
What Does Mobile Home Insurance Cover?
Mobile home insurance typically provides protection for both your property and personal liability, including:
Dwelling Coverage – Covers damage to the mobile or manufactured home itself from risks like fire, wind, hail, and vandalism.
Personal Property Coverage – Protects belongings such as furniture, clothing, appliances, and electronics.
Liability Coverage – Helps cover legal and medical costs if someone is injured on your property.
Additional Living Expenses (ALE) – Pays for temporary housing and related costs if your home becomes unlivable due to a covered loss.
Average Cost of Mobile Home Insurance
On average, mobile home insurance typically ranges from $300 to $1,200 per year, depending on coverage limits, location, and risk factors. Some basic policies may cost less, while comprehensive coverage for newer or higher-value homes may cost more.
According to the Insurance Information Institute, manufactured homes often have different risk profiles than site-built homes, which is why policies are priced differently.
Key Factors That Affect Mobile Home Insurance Costs
Several variables influence how much you’ll pay for coverage:
1. Location of the Mobile Home
Homes located in areas prone to windstorms, hail, wildfires, or flooding generally have higher premiums. Coastal or storm-prone regions often require additional coverage.
2. Age and Condition of the Home
Newer mobile homes typically qualify for lower rates because they meet updated building and safety standards. Older homes may cost more to insure due to higher repair risks.
3. Coverage Amounts
Higher dwelling limits and personal property coverage increase premiums but provide stronger financial protection.
4. Policy Type
Actual Cash Value (ACV) policies cost less but factor in depreciation.
Replacement Cost Coverage costs more but pays to replace your home or belongings without depreciation.
5. Deductibles
Choosing a higher deductible can lower your premium, though it increases out-of-pocket costs during a claim.
Optional Coverages That Impact Pricing
Optional endorsements can raise premiums but may be necessary depending on where you live:
Flood insurance
Earthquake coverage
Wind or hurricane protection
Increased liability limits
The Federal Emergency Management Agency (FEMA) highlights that flood damage is not covered under standard policies and requires separate coverage.
Is Mobile Home Insurance Worth the Cost?
For most owners, the answer is yes. Without insurance, a single fire, storm, or liability claim could result in tens of thousands of dollars in losses. Mobile home insurance provides peace of mind and financial stability at a relatively modest annual cost.
Additionally, lenders and mobile home parks often require proof of insurance, making coverage not only smart—but necessary.
How to Get the Best Mobile Home Insurance Rate
To keep costs affordable:
Compare coverage options, not just price
Bundle policies when possible
Maintain your home and safety systems
Work with an insurer experienced in manufactured housing
Wexford Insurance helps mobile home owners find coverage that balances affordability with proper protection.
Conclusion
Mobile home insurance costs vary, but most owners can expect affordable premiums when coverage is properly tailored. By understanding pricing ranges and key factors, you can choose a policy that protects your home, belongings, and finances without overpaying.
With guidance from Wexford Insurance, you can secure the right coverage at a competitive rate—customized to your home and location.
Contact us today.