Anyone who has experienced the beauty of the Ozarks understands why the state of Arkansas is called The Natural State. From north to south, east to west, Arkansas has something raw, beautiful, and unique to offer. This is why more and more people are moving to Arkansas each year; to live close to the vast American wilderness. Combine that with amazingly mild year-round climate and affordable cost of living, Arkansas is a popular destination for mobile homes as well.
If you're looking to move to Arkansas and live in a mobile home, then you should know that getting mobile home insurance is a must. Not sure how to look? Here is a quick guide to get you started so you can compare and find the best insurance for your needs.
Based on census reports and market analysis:
Like traditional home insurance, mobile home insurance provides homeowners coverage from different types of perils. Unlike the traditional home insurance, however, the mobile version is crafted to cover specific risks inherent in both manufactured and mobile homes.
Manufactured homes, for example, are built inside a factory using light materials. They are then transported to the site where they are tied down or anchored for stability. Since they are built differently than traditional houses, they require special insurance that protects them from added risk of moving and strapping down.
Modular homes, on the other hand, can be secured using traditional homeowner's insurance policy, since they are built on a concrete foundation.
If you're looking to apply for a loan to live in a mobile home in Arkansas, then you will be required to have mobile home insurance. Most companies offer:
This may differ from one homeowner to another. The average cost of insurance for mobile homes will also differ based on numerous factors. To determine how much you need and the corresponding rates, it's best to talk to mobile home insurance companies and ask for quotes. You may also have your property evaluated by a professional home assessor.
While it is easy to assume that mobile home insurance are cheaper than site-built homes (since the former is made with lighter and inexpensive materials), this is not always the case. Since mobile homes are made with lighter building materials, they are at higher risk of damage from severe weather.
At the end of the day, the insurance quotes will depend on the location, age and value of the mobile home, deductibles, and the coverage you need. With that said, make sure you make an inventory of all your assets to find out how much contents coverage you need. You can also use online tools to compare the rates and premiums for mobile homes. This is recommended if you want to save on cheap insurance without sacrificing on the protection you can get.
For information on other states, make sure to check the individual pages.
11621 Rainwood Rd Suite 8, Little Rock, AR 72212
(501) 436-6840
https://www.arkansasinsuranceadvisors.com/
155 E Fantinel Dr Suite B, Springdale, AR 72762
(479) 789-8888
https://www.naturalstateins.com/
2798 S 2nd St, Cabot, AR 72023
(501) 843-7602
http://www.agentsinsurance.net/
506 Holcomb St, Springdale, AR 72764
(479) 756-2208
https://www.shelterinsurance.com/
1035 N Hwy 71, Alma, AR 72921
(479) 632-8888
http://www.sangsterins.com/
11311 Alexander Rd, Mabelvale, AR 72103
No phone number found
No website found
803 S Dogwood St, Siloam Springs, AR 72761
(479) 524-5111
http://www.mossins.com/