Best Mobile Home Insurance Companies In Arkansas For 2024
Foremost excels in providing excellent mobile home insurance in Arkansas.
Mobile homes, which have been technically known as manufactured homes since 1976, are different from traditional homes when it comes to purchasing insurance to protect their value, plus the value of personal belongings.
If you’re shopping around for mobile home insurance, you’ll have a lot to consider, like coverage and price. To make it easier for you to locate the best insurance for your circumstances at a price that fits your budget, we have reviewed and identified the top rated insurance carriers in Arkansas.
After much research, we chose Foremost as the “Best Overall” for mobile home insurance to protect your home and property in Arkansas.
Best Mobile Home Insurance In Arkansas, 2024
As you will see, each company we reviewed that qualified to be on our “Best” list provides company advantages as well as policy features that might be a wise choice for your situation.
People aren’t stamped out with cookie cutters–all identical–and neither are insurance policies. The policy that’s right for you might not be right for your neighbor living in a mobile home right across the road. Everyone’s situation is unique.
Here are the companies we shortlisted, and a table showing some major factors:
Compare The Best Mobile Home Insurance In Arkansas
You've seen our picks in each category, and here’s a better view that shows them side-by-side:
| Overall Rating | Best For | A.M. Best Rating | Bundle Discount | J.D. Power Rating /1000 | Get A Quote | |
|---|---|---|---|---|---|---|
| Foremost |
|
Overall |
A |
No |
868 |
Instant Quote |
| Allstate |
|
Retirees |
A+ |
Yes |
854 |
Instant Quote |
| Progressive |
|
Runner-Up |
A+ |
Yes |
859 |
Instant Quote |
| Farmers |
|
Endorsements |
A- |
Yes |
792 |
Instant Quote |
| American Family |
|
Discounts |
A |
No |
855 |
Instant Quote |
| Assurant |
|
Most Comprehensive Coverage |
A |
No |
Not Rated |
Instant Quote |
| American Modern |
|
Specialized Coverage |
A+ |
No |
Not Rated |
Instant Quote |
Our Methodology
When deciding which insurance providers would be on our “Best For” list as well as what rating scores to assign each company, we based our determinations on various factors, including online reviews, customer satisfaction ratings, standard coverages, and optional coverages. We couldn’t get rate costs for the providers we reviewed because they were unavailable online.
Quotes Analyzed:
Research Hours
Brands Reviewed
Years Of Experience
Best Mobile Home Insurance Companies In Arkansas
Best Overall
Key Statistics
Why We Like Them
⇅Foremost, a part of Farmers Insurance, provides a range of standard and optional coverage for mobile homes, similar to many other insurers. However, what sets Foremost apart is its “extended replacement cost” coverage, which offers policyholders up to twenty percent more reimbursement than their coverage limit if their mobile home is completely destroyed.
One of the main reasons why policyholders are attracted to Foremost is its strong focus on customer satisfaction. With a J.D. Power customer satisfaction rating of 868/1,000, Foremost leads the industry in terms of customer service and satisfaction.
Unlike some insurers, Foremost doesn’t offer instant quotes online. Instead, you need to fill out a quote form and then wait for an email quote within 24 hours. Despite this, Foremost is widely recognized as one of the largest and most reputable mobile home insurance providers in the country, boasting nearly 40,000 agents representing the company.
Benefits & Drawbacks
⇅- Writes policies covering older mobile homes
- Endorsed by AARP and provides member discounts
- Good range of additional coverage, including debris removal and food spoilage
- Will insure people with credit issues ✓
- No online application is available
- Takes up to 24 hours to receive a quote ✘
Runner-Up for Best Overall
Key Statistics
Why We Like Them
⇅Progressive stands out as a smart choice for mobile home insurance due to several key reasons. Firstly, their emphasis on digital convenience ensures a user-friendly website and an option to get instant quotes online. Moreover, they offer a mobile app for policyholders, enhancing accessibility and convenience.
One distinctive feature of Progressive is their “Single Deductible” benefit, which is uncommon among other insurers. When you bundle your mobile home and auto insurance, any claim applies to both policies, meaning you only pay one deductible instead of two separate ones, which is highly appreciated by policyholders.
For example, if both your mobile home and vehicle sustain hail damage, with each policy having a $500 deductible, you’ll only need to pay one $500 deductible for coverage of repairs on both items. This benefit is popular among policyholders.
Furthermore, Progressive provides a discount for bundling mobile home and auto insurance, resulting in more savings for policyholders.
In the event of moving your mobile home, Progressive offers an endorsement option called “Trip Collision,” which covers both your mobile home and personal property for mishaps during the relocation process.
Benefits & Drawbacks
⇅- Has replacement cost coverage available
- Mobile app available
- Discounts geared toward new homeowners ✓
- Consumer ratings less favorable than many mobile home insurers
- Some policies are underwritten by third-party companies ✘
Best For Retirees
Key Statistics
Why We Like Them
⇅Allstate offers comprehensive coverage for mobile home owners, with special discounts for seniors aged fifty-five and over, as well as for those who hold the original title to their mobile home. These discounts help make coverage more affordable and appealing to many policyholders. Additionally, like most other insurers, Allstate provides a bundle discount.
One unique feature of Allstate’s coverage is its “Mine Subsidence” coverage, which pays for damages caused by land movement triggered by a man-made mine, along with property protection for satellite dish antennas.
Allstate’s standard mobile home policy includes benefits such as actual cash or replacement cost coverage for the mobile home structure, guest medical protection, and personal property coverage. Optional coverages include electronic data recovery, reimbursement for green improvements after a covered loss, and water backup protection.
Benefits & Drawbacks
⇅- Good optional coverage choices
- Mobile app available
- Discounts for retirees and original title holders ✓
- No immediate online quotes
- Customer experiences vary depending on your local agent ✘
Best For Specialized Coverage
Key Statistics
Why We Like Them
⇅American Modern is a well-established insurance company, pioneering mobile home insurance since its founding in 1949. Over the years, it has become a prominent player in the industry, offering specialized policies such as coverage for seasonal or vacant mobile homes, a benefit not commonly found among other insurers we reviewed.
In the unfortunate event of a total loss, American Modern will settle at the stated value of your home as indicated in your policy, without deducting for depreciation. For partial losses, the company pays the actual cash value of the loss, but policyholders have the option to upgrade coverage to a replacement cost valuation.
Benefits & Drawbacks
⇅- Has a solid mobile app on which you can report claims
- Understands the mobile home market from decades of experience ✓
- No online quotes; must get from an agent
- Doesn’t offer some discounts that other insurers do ✘
Best For Endorsements
Key Statistics
Why We Like Them
⇅You can customize Farmers mobile home insurance in Arkansas to suit your circumstances. This company has a lot of agents in the state to help you select the most suitable endorsements, deductible, and coverage for your needs.
Its endorsements include “green home” improvements. With green home endorsements, you can upgrade your appliances to more energy efficient, money saving models. You have the option of replacement cost coverage, too, that delivers added personal protection, and identity theft coverage, too.
Farmers has money-saving discounts available to policy owners, including: having a claims-free history, enrolling in paperless billing, installation of a home security system in your home, and not smoking.
Benefits & Drawbacks
⇅- Claim forgiveness prevents rate increases after 5 continuous years with no claims filed
- Replaces your personal property that is lost or stolen, even when you’re away from home ✓
- You can only get a quote from an agent
- Lowest J.D. Power score of insurers we reviewed ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅American Family may be lacking the brand recognition some of its competitors have with bigger advertising budgets, but it’s still among the top eight home insurance carriers in the nation by market share. With a wide selection of discounts available, American Family provides numerous ways to save money on your premiums.
Here are the requirements to qualify for discounts with American Family:
- Bundle your mobile home and auto insurance
- Live in a newer home you purchased within the last three years
- Equip your home with smart devices like Ring or Nest
- Use the company’s autopay, full pay, and paperless billing features
American Family offers their “diminishing deductible” coverage to policyholders, also. It will credit your deductible $100 on the first day that you purchase a policy. So, a $1,000 deductible becomes a $900 deductible right up front. After that, when you renew your policy each year, your deductible will be reduced (diminished) up to the maximum limit of coverage.
Benefits & Drawbacks
⇅- A large number of ways to qualify for discounts
- Has a mobile app that can track your claim’s status
- Variety of additional coverage options ✓
- Reports of slow claims processing ✘
Best For Most Comprehensive Coverage
Key Statistics
Why We Like Them
⇅Most mobile home insurers don’t provide coverage for natural disasters such as: mudslides, earthquakes, landslides, or floods. But, Assurant policyholders are covered against these extreme events, as well as others.
Assurant’s “All Risk” coverage gives you protection against accidental events that cause a loss or damage to your mobile home, with just a few exceptions, Also, Assurant’s home and personal property replacement cost will replace your home and possessions with brand new items of similar kind and quality. There’s no deduction for depreciation, either, which makes this an attractive benefit.
In addition, Assurant coverage extends to adjacent structures on your property, including unattached garages, fences, or sheds. It also pays for additional living expenses if your home is damaged to the point that it’s unlivable after a covered loss.
Benefits & Drawbacks
⇅- Replacement cost for your home and property is standard
- Covers flood and earthquakes with standard coverage ✓
- No online quotes, must call toll-free number 7 am to 7 pm
- No mobile app ✘
How To Find The Best Mobile Home Insurance Company For You
If you’re considering the purchase of mobile home insurance and want to make sure of getting adequate coverage at an affordable price, along with the right company, follow these four steps:
- Choose at least three insurers for quotes from the ones included in this review. Obtaining multiple quotes helps to increase your knowledge of mobile home insurance. It may prevent you from overpaying for coverage, for example.
- Take some time to decide which perils your policy needs to cover. Protection against fire is standard in mobile home insurance, but you should also factor in things like how close you are to a large body of water, frequent torrential downpours or mountains that may cause flooding when snow melts. If you live in an area where this is a problem, you probably need a separate flood insurance policy. This will be up to the insurance company, but very few cover flooding in a standard policy.
- Insure your valuables or unique collectible items you own. Calculating the value of these items, as well as your other personal belongings, will help you get the right amount of policy limits besides helping prevent overspending or over-insuring on coverage. It will also help to prevent you from under-insuring your possessions.
- When you get a quote for coverage, be sure to include renovations, upgrades, or other work that may affect the value of your mobile home.
- Take good photos and record the serial numbers of your valuables, appliances, and all other items you want to insure, either before or after you obtain quotes. Keep these important records in a safe, a waterproof and fireproof container, or at a separate location. If the time comes that you need to file a claim, you’ll need all of this information.
Average Cost of Home Insurance in Arkansas
There were no rates on the insurance company internet sites we reviewed, but we were able to estimate the approximate cost of mobile home insurance in Arkansas as between $300-$1000 per year. This is dependent on multiple factors, such as: options selected, your deductible, coverage limits, and other elements as shown below.
Factors That Impact Mobile Home Insurance Policies in Arkansas
Many factors can affect your mobile home insurance rates, such as:
- The limits and coverage you select
- Your deductible
- The age of your home
- The cost to replace your home
- Your claims history
- Where you live (zip code)
Each of the insurers we reviewed offered discounts to policyholders. Bundling is one of the most popular discounts because it’s a proven money saver. A bundle is when you insure your mobile home coverage and your auto insurance with the same insurer.
What Does Mobile Home Insurance Cover?
Standard mobile home insurance will generally have coverage as shown here:
Other Structures Coverage
This coverage will pay for repairs to a shed, a fence, or any other structure as long as it isn’t attached to your mobile home. The damage must have been the result of a covered event.
Dwelling Coverage
If you must repair or replace the structure of your mobile or manufactured home, your coverage will be up to the limit of your choice when you purchased the policy, provided the damage is the result of a covered event. You’ll have to pay your deductible before your insurer will pay benefits on an approved claim.
Events such as these are typically covered:
- Damage from wild or stray animals
- Weight of ice and snow
- Vandalism
- Wind and hail
- Lightning
- Fire
- Falling objects
- Burst pipes
- Explosions
Liability Insurance
Liability insurance pays if a visitor on your covered property is injured and sues you. It will also pay if you (accidentally) cause property damage or injury to someone. Liability insurance will usually cover related legal expenses, as well.
Personal Property Coverage
This coverage will pay for replacements or repairs of electronics, furniture, and other belongings if they’re stolen, damaged, or destroyed by a covered event.
What Does Mobile Home Insurance In Arkansas Not Cover?
The majority of insurance policies have their own coverage exclusions. Mobile home insurance seldom covers damages that result from:
Insect Or Animal Infestation
Insurance companies consider pest prevention as routine home maintenance, so this problem isn’t covered.
Flooding
Flooding is not covered by standard mobile home insurance.. If your mobile home is situated in an area subject to floods, we advise you to purchase flood insurance separately.
Damage Associated With The Use Of Your Mobile Home For Business Purposes
You should purchase commercial insurance if you’re conducting business from your mobile home.
Wear And Tear
Insurance coverage pays for damage if it’s accidental, but not normal wear and tear.
Earthquakes
Arkansas doesn’t experience many big earthquakes. However, in 2019 the state had a quake that registered 3.8 on the Richter scale. Not huge, but enough to be felt and even to cause some damage.
Mobile home insurance in this state doesn’t cover losses from earthquakes. If you make your home in Arkansas, you may want to consider getting an endorsement to your policy for earthquake coverage.
How To Buy Mobile Home Insurance Online In Arkansas
Following these 3 simple steps will make purchasing mobile home insurance online an easy, streamlined process:
- Figure the amount of coverage you need. Other than your mobile home itself, calculate the value of all of its contents to determine how much property damage coverage you need if you had to replace your mobile home and everything in it.
- Get an online quote. Most companies that offer mobile home insurance in Arkansas will provide you with the option of getting a quote on their website. Almost all of these websites show a comparison of cost and coverage chart, which helps getting insurance online considerably easier.
- Complete an application and submit it to the insurer/s that seem best for your circumstances. Once you have decided the amount of coverage you need, along with a cost that’s inside your budget, go ahead and complete your application and then submit it to the company for review. Nearly all insurance carriers will let you apply online, but some require that you meet with an agent to complete your application.
Largest Manufactured / Mobile Home Insurance Providers In Arkansas
| Provider | Market share |
| State Farm | 26.2% |
| Foremost | 25.6% |
| Allstate | 14.8% |
Unique Considerations For Mobile Home Insurance In Arkansas
The state is known for its variety of extreme weather events, including:
- Tornadoes
- Hail
- Damaging winds
- Flood damage
- Wildfires
- Lightning
- Sub-zero winter temperatures
Since extreme weather conditions are a possibility in Arkansas year round, we advise mobile home owners within the state to secure adequate insurance coverage.
Do You Need Mobile Home Insurance In Arkansas?
We believe that you most definitely need mobile home insurance in the Razorback State.
For starters, if you have a mortgage on your mobile home, the lender will probably require that you insure it.
Next, any dwelling in Arkansas, with or without a mortgage, may face damage and destruction due to extreme weather such as: wildfires, flooding, extreme heat, air quality, drought, and extreme cold that can cause water pipes to burst along with other damage.
Finally, be sure to check with your mobile home park or community to find out their rules about mobile home insurance for residents.
FAQs
Is mobile home insurance more expensive in Arkansas?
Yes, mobile home insurance in Arkansas, along with traditional homeowners insurance, is higher than other states across the country.
Do you need mobile home insurance in Arkansas?
It isn’t a law in Arkansas that you maintain mobile home insurance, but if you have a mortgage on your mobile home, the lender will probably make insurance on it a requirement. Although not a law or even if you don’t have a mortgage, we recommend having mobile home insurance.
How are mobile home insurance rates determined?
Multiple factors, such as your deductible, location, credit score, and any applicable discounts, all figure into determining your mobile home insurance rates.
Sources
⇅Find A Policy
Pitbull Friendly Homeowners Insurance High Risk Homeowners Insurance Best Homeowners Insurance
Home Insurance In Your Area
Homeowners insurance Dallas Homeowners insurance Fort Myers Home owners insurance Atlanta
