Like other types of renters insurance, mobile home renters insurance protects your belongings from damage and theft, covers your legal liability and pays for a place to stay if your rented home is temporarily uninhabitable. You can get cheap renters insurance by comparing quotes from multiple insurers.

Cheapest Mobile Home Renters Insurance Companies

To help you find the best mobile home renters insurance for your needs, MoneyGeek analyzed the cheapest options across the country. Our findings revealed that Allstate and State Farm provide the most affordable average annual rates for $20,000 in personal property coverage. Allstate charges $119 per year on average, while State Farm coverage costs roughly $127.


Average Cost of Mobile Home Renters Insurance by State

Individual states regulate insurance premiums, meaning the cost of mobile home renters insurance can vary substantially based on where you live. You should always compare quotes to make sure you find the best deal and coverage available. Check out the table below to see how your state stacks up against others.


Texas, Florida and North Carolina had the largest mobile home shipments last year, and we've highlighted the cheapest renters insurance company in each state.

Mobile Home Renters Insurance in Texas

Texans purchased more manufactured homes than residents of any other state last year, so there are plenty of mobile home renters insurance options in Texas. The average annual premium for renters insurance in the state is $134, or $11 per month. For most renters, Lemonade offered the lowest rate at $7 per month or $84 per year. If you're a current or former military members who's eligible for a policy with USAA, it just beats Lemonade, costing an average of $81 per year.

The Cheapest Companies for Mobile Home Renters Insurance in Texas

Mobile Home Renters Insurance in Florida

Florida ranked second for the most mobile home shipments last year. A standard renters insurance policy in this state costs an average of $119 per year or $10 per month, with Travelers offering the cheapest option at $110 annually on average.

The Cheapest Companies for Mobile Home Renters Insurance in Florida

Mobile Home Renters Insurance in North Carolina

North Carolina received the third-largest shipment of mobile homes last year. Mobile home renters insurance in the state costs an average of $106 per year or $9 per month, making it an affordable option for keeping your property safe. State Farm was the cheapest option in North Carolina, at an average cost of $84 per year or $7 per month.

The Cheapest Mobile Home Renters Insurance in North Carolina

What Mobile Home Renters Insurance Covers

Mobile home renters insurance can help cover your personal property, personal liability, additional living expenses and third-party medical payments. You can only make a claim on your insurance if it falls under approved categories. These typically include fire, theft, vandalism and certain types of water or electrical damage.

  • Personal property coverage: Personal property pertains to items within your mobile home that are lost or damaged due to a covered peril. Examples of personal property include furniture, clothing, electronics and some jewelry. Particularly expensive items that exceed policy limits, such as art or fine jewelry, may require additional coverage.
  • Personal liability coverage: If you're at fault for property damage or injury to others, personal liability protection can cover some medical bills and property damage. For example, if a guest suffers an injury at your mobile home due to your negligence and sues you, you’ll be covered up to your policy limits.
  • Additional living expenses coverage: Sometimes known as loss of use coverage, this helps cover the costs of living elsewhere if your property becomes uninhabitable. You can receive funds to live in an apartment or hotel until your current property is repaired or until you find a new place to live. It can also pay for food and transportation, in some cases.
  • Medical payments coverage: This type of coverage helps pay some medical bills and related expenses if someone is injured on the property, regardless of who is at fault. Rather than suing the policyholder, the injured person can file on the renters insurance policy.
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The main reason mobile home renters insurance costs less than homeowners insurance is that it only covers your personal property and not damages the mobile home structure itself.


FAQ About Mobile Home Renters Insurance

You may still have questions about mobile home renters insurance, and you’re not alone. Take a look at the answers to a few of the most commonly asked questions about this form of coverage.

Mobile home renters insurance usually covers personal property, personal liability, additional housing expenses and medical payments for others

Because the cost of mobile home renters insurance varies depending on which state you’re in, it can vary widely from state to state. Research indicates that Allstate and State Farm offer the lowest average premiums across the country at $10 and $11 per month, respectively.

Many different insurance companies offer mobile home renters coverage on both a national and regional scale. Allstate and State Farm are often the cheapest options, but you should request custom quotes from multiple companies to get the best coverage and rates.

Learn More About Renters Insurance


About Katy McWhirter

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Katy McWhirter is a professional certified marketer experienced in nonprofit management, marketing, personal finance, government relations and education. She is the owner of Heritage Creatives, a boutique historical branding agency. Her writing has been featured in the United States — in publications such as Forbes and the U.S. News and World Report — and abroad, highlighting the need for research-driven, accessible information on financial topics.

Katy earned a master’s degree in Modern History from the University of York, UK, a bachelor’s degree in Social Entrepreneurship from Belmont University, and a professional certificate in Marketing from the Chartered Institute of Marketing. She spends her free time with her husband and two cats, restoring their 1901 home in Louisville and reading up on all things personal finance.