Best Mobile Home Insurance In Mississippi For 2024
Foremost emerges as the top choice for mobile home insurance in Mississippi.
Mobile homes (sometimes referred to as “manufactured homes”) differ from standard homes when it comes to getting homeowners insurance coverage. Given the exposure of mobile homes to harsh windstorms, hail, and water damage, meeting the criteria for mobile home insurance in Mississippi can pose challenges.
If your goal is to find the most suitable mobile home insurance policy for you and your loved ones, several factors need to be considered, such as coverage features and costs.
In our attempt to help you secure appropriate protection at a reasonable cost, we’ve pinpointed the best companies (ultimately choosing Foremost as the top choice for mobile home insurance) to provide unparalleled security for your residence and belongings.
Best Mobile Home Insurance In Mississippi, 2024
You will see that the companies under our review have earned their spot on our list due to the distinct advantages they provide and the policy features they offer, which might align best with your individual circumstances.
It's important to recognize that the optimal policy for your needs might differ from that of your friend who resides just a mile away in another mobile home.
Outlined below are the companies we've carefully selected, accompanied by a brief overview of some crucial criteria to consider:
Comparison Of The Best Mobile Home Insurance In Mississippi
Now that you've had a glimpse of our chosen winners in each category, here's a more direct comparison that presents them side by side:
| Bundle Discount | Best For | A.M. Best Rating | Overall Rating | J.D. Power Rating /1000 | Get A Quote | |
|---|---|---|---|---|---|---|
| Foremost |
No |
Overall |
A |
|
868 |
Instant Quote |
| Progressive |
Yes |
Runner-Up |
A+ |
|
859 |
Instant Quote |
| Allstate |
Yes |
Retirees |
A+ |
|
854 |
Instant Quote |
| American Modern |
No |
Specialized Coverage |
A+ |
|
Not Rated |
Instant Quote |
| Assurant |
No |
Most Comprehensive Coverage |
A |
|
Not Rated |
Instant Quote |
| American Family |
No |
Discounts |
A |
|
855 |
Instant Quote |
| Farmers |
Yes |
Endorsements |
A- |
|
792 |
Instant Quote |
Our Methodology
In creating our list of top recommendations and determining their overall ratings, our assessment hinged on each company’s standard coverage, additional coverage options, online feedback, financial stability, and customer satisfaction scores.
It's important to note that pricing details were not accessible on the internet for any of the insurers we evaluated.
Quotes Analyzed
Research Hours
Brands Reviewed
Years Of Experience
The Best Mobile Home Insurance Companies In Mississippi
Best Overall
Key Statistics
Why We Like Them
⇅Foremost, a Farmers subsidiary, offers both standard and optional coverage options, like other mobile home insurance providers. Yet, its most noteworthy competitive edge lies in its offering of “extended replacement cost” coverage.
The details of replacement cost coverage from Foremost is as follows: should your mobile home be completely destroyed, you become eligible for reimbursement up to 20% beyond the limits set by your policy.
Foremost stands out notably in terms of customer satisfaction as well. Its J.D. Power customer satisfaction rating stands at 868 out of 1,000, placing it at the top among all the insurers under our review.
It’s important to note, however, that Foremost doesn’t provide instant quotes through its website. Instead, upon submitting your details via a quote form, you can expect to receive an email quote within 24 hours.
Being one of the most substantial mobile insurance providers in the United States, Foremost boasts a network of over 38,000 agents who represent the company.
Benefits & Drawbacks
⇅- Endorsed by AARP, offering member discounts
- Willing to provide coverage for individuals with credit challenges
- Offers policies for older mobile homes
- Presents a diverse selection of additional coverage options, including debris removal and food spoilage protection ✓
- Absence of an online application option
- Quote processing may take up to 24 hours ✘
Best Overall Runner-Up
Key Statistics
Why We Like Them
⇅Progressive garners attention through its array of appealing attributes, including discounts tailored for new homeowners, its robust financial stability and high customer satisfaction ratings, along with its streamlined digital website. Navigating Progressive’s website is a breeze, and you’ll be able to swiftly obtain an instant quote. Moreover, the convenience extends to a mobile app available for users.
One of Progressive’s standout features, distinct among the mobile home insurers we reviewed, is its “single deductible” advantage. Should you opt to bundle your mobile home and auto insurance under Progressive, any claim submitted for either policy applies across both, effectively eliminating the need for separate deductibles.
Here’s how it works: Imagine a scenario where a hailstorm causes damage to both your mobile home’s roof and your car. If your deductible for each policy is, say, $500, you would only need to cover a single $500 deductible, and the necessary repairs for both your home and car will be addressed.
Furthermore, Progressive extends a bundled discount to those who choose to insure both their mobile home and auto with them.
Progressive also offers an endorsement option named “trip collision,” which provides coverage for your dwelling and personal belongings while in transit from one location to another.
Benefits & Drawbacks
⇅- Offers the option of replacement cost coverage
- Features specialized discounts for new homeowners
- Provides the convenience of a mobile app ✓
- Attains consumer ratings that are comparatively less favorable than several other mobile home insurers
- Some policies are underwritten by third-party companies ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅While not as widely recognized as some larger-budget competitors, American Family ranks among the top eight home insurers in the U.S. by market share. This insurer offers various ways to lower your monthly premium through discounts.
You qualify for discounts with American Family if you:
- Bundle your mobile home and auto insurance
- Equip your home with smart devices like Ring or Nest
- Reside in a newer home purchased in the last three years
- Utilize the company’s autopay, full pay, and paperless billing features
American Family also provides diminishing deductible coverage. It starts by reducing your deductible by $100 on day one – a $1,000 deductible becomes $900 as soon as you purchase your policy. Then, each year when you renew, your deductible decreases further, up to your policy’s maximum limit.
Benefits & Drawbacks
⇅- Presents an extensive range of avenues to qualify for discounts
- Offers the convenience of a mobile app that enables tracking of claim status
- Provides a diverse selection of supplementary coverage options ✓
- Incidents of tardy claims processing have been reported ✘
Best For Retirees
Key Statistics
Why We Like Them
⇅While Allstate provides comprehensive coverage for everyone, it offers a special discount to retirees 55+ and original titleholders of their mobile or manufactured homes, which can make a policy more affordable. Allstate also offers a bundle discount, which most insurers offer.
Also unique to Allstate mobile home insurance among insurers we reviewed is its “mine subsidence” coverage, which covers damage to your mobile home caused by a movement of land triggered by a man-made mine. It also offers property protection against damage to satellite dish antennas.
Allstate’s standard mobile home coverage is comparable to its competitors, offering benefits like actual cash or replacement cost coverage for your mobile home structure and personal property, liability protection, and guest medical protection. Optional coverages include protection against water backup, reimbursement for green improvements after a loss, and electronic data recovery.
Benefits & Drawbacks
⇅- Offers discounts tailored for retirees and original title holders
- Provides the convenience of a mobile app
- Presents a commendable array of optional coverage selections ✓
- Customer experiences exhibit variability contingent on your local agent
- Lacks the provision of immediate online quotes ✘
Best For Specialized Coverage
Key Statistics
Why We Like Them
⇅Established in 1949, American Modern proudly asserts its position as a pioneer in specializing in mobile home insurance.
Its distinctive strength lies in specialized coverage, catering to owners of mobile homes that are either vacant or seasonal. This feature sets it apart, as it is not offered by the other mobile home insurance providers we assessed.
Worth noting, American Modern does not provide replacement cost coverage for complete losses. Instead, it settles based on the stated value of your home, as indicated in your policy, without factoring in depreciation deductions. In the case of partial losses, it compensates based on the actual cash value of the loss, but an option to upgrade to replacement cost valuation is available.
Benefits & Drawbacks
⇅- Features a robust mobile app that facilitates claims reporting
- Demonstrates an in-depth understanding of the mobile home market stemming from decades of experience ✓
- Lacks the provision of online quotes; quotes must be obtained through an agent
- Omits certain discounts offered by other insurers ✘
Best For Most Comprehensive Coverage
Key Statistics
Why We Like Them
⇅While the majority of mobile home insurance policies omit coverage for floods, hurricanes, earthquakes, landslides, and mudslides, policyholders under Assurant’s care enjoy protection against these specific occurrences.
Assurant’s comprehensive All Risk coverage offers safeguards against any sudden and unintentional events that result in direct loss or damage to your mobile home (excluding specific listed exceptions). Furthermore, its dwelling and personal property replacement cost coverage ensures the replacement of your residence and belongings with new items of similar kind and quality, all without accounting for depreciation.
Inclusive in Assurant’s coverage are adjacent structures within your property’s confines, such as sheds, fences, or standalone garages. Additionally, if your home sustains damage to the extent that living within it becomes untenable due to a covered loss, Assurant covers additional living expenses.
Benefits & Drawbacks
⇅- Encompasses flood and earthquake coverage within standard policies
- Standard inclusion of replacement cost coverage for your home and property ✓
- Absence of online quotes; necessitates contacting a toll-free number between 7 am and 7 pm
- Does not offer a mobile app for convenience ✘
Best For Endorsements
Key Statistics
Why We Like Them
⇅Tailored to your individual requirements, Farmers’ mobile home insurance policies in Mississippi offer customization options. With a network of agents spread across the state, Farmers is poised to assist you in making informed choices about the ideal coverage, deductible, and endorsements for your circumstances.
Farmers’ selection of endorsements encompasses green-home enhancements, enabling you to upgrade appliances and systems to energy-efficient models after a claim. Furthermore, you have the option to secure replacement cost coverage for added personal protection and safeguard against identity theft.
Farmers extends several discounts to policyholders as well. These include benefits for having a home security system installed, being a non-smoker, opting for paperless billing, maintaining a history devoid of claims, and bundling multiple policies with Farmers’ car or life insurance.
Benefits & Drawbacks
⇅- Claim forgiveness safeguards against rate hikes following five consecutive years without a claim
- Replaces lost or stolen personal property, even when you're away from home ✓
- Quoting solely available through an agent
- Attains the lowest J.D. Power score among the insurers under review ✘
How To Find The Best Mobile Home Insurance Company For You
When searching for the best mobile home insurance and a suitable provider for your needs, follow these outlined steps:
- Begin by selecting a minimum of three companies from our reviewed list to get quotes from. Acquiring multiple quotes helps you to better your understanding of mobile home insurance and ensures that you secure coverage without overpaying.
- Decide what perils you wish to have covered. While fire protection is a standard inclusion in mobile home policies, it’s essential to contemplate factors like proximity to water bodies or mountains that could result in flooding. In such cases, a separate flood insurance policy might be necessary.
- Consider valuable or unique possessions you own. Calculating the cumulative value of these items, along with your other belongings, helps you to determine your appropriate policy limits. This prevents over-insuring and unnecessary costs.
- Take into account any upgrades, renovations, or substantial undertakings that might influence the value of your mobile home when you request a quote.
Whether prior to or post-quote acquisition, it’s wise to capture photographs and document serial numbers of valuable items, appliances, and other possessions slated for insurance coverage. Safeguard this information in a durable, fire-resistant container or at a separate location. This recorded data proves invaluable in the event of a claim.
Do You Need Mobile Home Insurance In Mississippi?
We believe that you need mobile home insurance in the state of Mississippi.
Firstly, if you’re getting a mortgage for your mobile home purchase, your lender will likely require you to have insurance coverage.
Secondly, homes in Mississippi, regardless of mortgage status, face the unforeseen risks posed by severe thunderstorms with destructive winds, hailstorms, tornadoes, tropical storms, and hurricanes originating from Florida or the Atlantic Ocean.
Lastly, it’s prudent to inquire with your mobile home park or community to ascertain whether mobile home insurance is obligatory for residents.
What Does Mobile Home Insurance Cover?
A customary mobile home policy generally includes the following coverage:
Dwelling Coverage
This coverage finances the repair or replacement of your mobile home’s structure in the event of damage from covered incidents, up to your selected limit. You’ll opt for a deductible amount, which you’re responsible for paying before the insurer contributes toward an approved claim.
The following events are typically covered:
- Fire
- Lightning
- Explosions
- Vandalism
- Falling objects
- Wind and hail
- Weight of ice and snow
- Damage from wild or stray animals
- Burst pipes
Other Structures Coverage
This provides funds for the repair of structures like sheds, fences, or any detached structures linked to your mobile home, in case they are damaged due to a policy-covered event.
Personal Property Coverage
This coverage finances the replacement or repair of electronics, furniture, and other belongings should they be damaged or stolen.
Liability Insurance
Liability insurance settles claims if a visitor sustains an injury and takes legal action, or if you inadvertently cause harm or property damage to others. Often, this coverage also encompasses related legal expenses.
What Does Mobile Home Insurance In Mississippi Not Cover?
Coverage exclusions are present in every insurance policy. For mobile home insurance in Mississippi, it’s important to note that the standard coverage generally excludes payment for damages caused by the following:
Flooding
If your insurer doesn’t cover flood damage and you live in an area prone to flooding, it’s advisable to consider a separate flood insurance policy.
Earthquakes
While earthquakes aren’t common in Mississippi, it’s essential to understand that mobile home insurance in the state doesn’t provide coverage for “earth movement.”
Wear And Tear
Insurance deals with sudden and accidental damage, but it doesn’t address the natural wear and tear that occurs over time.
Insect Or Animal Infestation
Insurance policies typically include pest prevention as part of regular maintenance, which often falls outside the scope of coverage.
Damage Related To Business Use Of Your Mobile Home
If you use your mobile home for business purposes, it’s important to recognize that you might need a commercial policy to adequately protect your interests.
Average Cost Of Home Insurance In Mississippi
While none of the insurers in our evaluation present pricing information on their websites, we approximate that the expense of mobile home insurance in Mississippi will range between $40 and $130 per month. The specific cost hinges on the coverage limits, deductible, chosen options, and other influencing factors detailed below.
Several elements contribute to the cost of your mobile home insurance policy in Mississippi:
- Location (zip code)
- Home age
- Replacement cost of your home
- Coverage limits and selections
- Chosen deductible
- Claims history
All the insurers we assessed extend various types of discounts to mobile home insurance policyholders. These discounts encompass opportunities such as bundling your coverage with auto insurance.
Largest Manufactured Home Insurance Providers In Mississippi
| Provider | Market share |
| Foremost | 4.1% |
| Assurant | 1.7% |
| American Modern | 2.3% |
| American Family | 4.4% |
| Allstate | 8.77% |
| Progressive | 1.8% |
| State Farm | 8.34% |
How To Buy Mobile Home Insurance Online In Mississippi
Following these steps will streamline the process of purchasing a mobile home insurance policy online, ensuring a straightforward and relatively speedy experience:
- Determine Your Protection Needs: Begin by assessing the extent of coverage you require. In addition to your dwelling, factor in the total value of your mobile home’s contents. This calculation aids in establishing the property damage limits necessary for replacing both your residence and valuable possessions.
- Acquire an Online Quote: Most entities offering mobile home insurance in Mississippi furnish the option to obtain an online quote. Additionally, there are websites available that facilitate coverage and cost comparisons, further simplifying the online coverage shopping process.
- Fulfill the Application: After ascertaining the suitable coverage amount within your budget, proceed to complete an application for coverage. While numerous insurers’ websites allow you to apply online, some may necessitate a meeting with an agent to finalize the application process.
Unique Considerations For Mobile Home Insurance In Mississippi
Much like the other states around the Mexican Gulf, Mississippi is exposed to a variety of severe weather conditions, which encompass:
- Wildfires
- Destructive winds
- Lightning
- Tornadoes
- Hurricanes
- Tropical storms
- Hail
- Flood damage
Given these circumstances, we advocate that every mobile home owner in Mississippi secures sufficient coverage.
How To Find Cheap Mobile Home Insurance In Mississippi
For those seeking affordable mobile home insurance in Mississippi, a strategic approach involves gathering quotes from a minimum of three insurance providers. Notably, rates differ among insurers for both their fundamental coverage and optional selections. It’s essential to inquire about potential discounts that you can leverage.
However, we caution against solely selecting an insurer based on cost. Ensuring appropriate coverage limits and securing an apples-to-apples comparison when obtaining quotes is crucial.
FAQs
Is mobile home insurance more expensive in Mississippi?
In Mississippi, mobile home insurance costs are typically on par with those in neighboring Southeastern states, with an exception for Florida, where numerous insurers don’t provide coverage for mobile homes.
Do you need mobile home insurance in Mississippi?
While state law doesn’t impose a mandate, your mortgage company might necessitate insurance for your mobile home. Regardless, we highly recommend securing mobile home insurance, irrespective of whether you have a mortgage or not.
How are mobile home insurance rates determined?
Mobile home insurance rates are influenced by various factors, such as your location, chosen coverage limits, deductible, and any eligible discounts.
