Mobile Home Renters Insurance

After you buy your mobile home, you'll want to protect your investment with the right coverage. Mobile home renters insurance covers your personal belongings, liability protection and additional living expenses if your home becomes unlivable. The coverage works the same way as traditional renters insurance, protecting everything from furniture and electronics to clothes and kitchen items.

• 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.

The right amount of coverage depends on what you own and your liability risk. Start by inventorying your belongings to calculate the right amount of personal property coverage. List your major items with their replacement costs, then total up your clothing, furniture, electronics and appliances. Add 50% for smaller items you'll likely forget, then round up to the nearest coverage tier like $15,000, $20,000 or $25,000.

Allstate and State Farm offer the cheapest mobile home renters insurance rates nationwide with average annual premiums below $130, according to MoneyGeek's analysis of major insurers. We compared quotes for $20,000 in personal property coverage to find which companies deliver the best value. Here's how the top providers stack up:

For a better idea of which to get, read our guide on the best renters insurance companies.

Mobile home renters insurance costs vary depending on where you live. States with higher risks from natural disasters like hurricanes, tornadoes or wildfires typically have higher premiums, while states with fewer weather-related claims often offer lower rates. 

MoneyGeek analyzed rates across the three states with the highest mobile home populations. For additional reference, you can also find the most affordable renters insurance companies this year. 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.

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.

More people buy manufactured homes in Texas than any other state, and renters insurance here is surprisingly affordable. The average annual premium runs $134, but MoneyGeek's analysis found even cheaper rates for mobile home renters.

Texas Risk Factors: Windstorms and tornadoes hit mobile homes hard. Your renters policy covers wind damage to your stuff, but flood damage isn't included. Live near rivers or in low-lying areas? You'll need separate flood insurance through the National Flood Insurance Program (runs about $180 annually for renters).

Florida ranks second nationally for mobile home shipments, reflecting the state's large manufactured housing community. Mobile home renters in Florida pay an average of $119 per year for coverage, or about $10 monthly.

MoneyGeek's analysis found that Travelers offers the most affordable rates in the state at $110 annually, making Florida one of the more budget-friendly states for mobile home renters insurance.

Florida Risk Factors: Hurricane damage presents the biggest threat to mobile homes in Florida. State law requires insurance policies to cover hurricane wind damage. Flood coverage requires a separate policy, which you'll want if your mobile home sits in coastal areas or flood-prone regions.

North Carolina received the third-largest shipment of mobile homes nationally last year, highlighting the state's significant manufactured housing market. Mobile home renters in North Carolina pay an average of $106 per year for coverage, or about $9 per month, making it one of the most affordable states for this type of insurance.

MoneyGeek's analysis found that State Farm offers the lowest rates in the state at just $84 per year, or $7 per month.
North Carolina Risk Factors: Severe weather, thunderstorms, and occasional hurricanes can damage mobile homes. Standard coverage typically provides adequate protection for most locations.

You don't have to settle for the first quote you receive when shopping for mobile home renters insurance. Most insurers offer multiple discounts that can cut your premium by 20% to 40% or more when combined. Here are the most effective ways to lower your mobile home renters insurance costs.

Though it’s still a type of renters insurance, getting mobile home renters insurance require a different approach. Follow this guide to find the best coverage that’s suitable for you:

Legal Requirements: No state legally requires renters to carry insurance. However, most mobile home communities and landlords mandate coverage as part of rental agreements.

Typical Landlord Requirements:

• Minimum personal property coverage: $15,000 to $25,000
• Minimum liability coverage: $100,000 to $300,000
• Landlord listed as "interested party" on policy
• Proof of continuous coverage throughout the lease term

Your landlord can evict you for letting coverage lapse, so maintain continuous coverage and provide updated proof when renewing policies.

Finding affordable mobile home renters insurance starts with understanding that Allstate and State Farm lead nationally, averaging just $10 to $11 monthly. Your location significantly impacts costs, rates vary from $106 annually in North Carolina to $134 in Texas. While many mobile home communities require this coverage, its financial protection makes it worthwhile even when optional.
Allstate offers the best overall value at $119 annually with nationwide availability, while USAA provides unmatched rates at $81 annually for military members. Lemonade delivers competitive digital experiences starting at $84 annually in 27 states, and State Farm customers save up to $834 through bundling discounts. Compare quotes from at least three insurers to find coverage that matches your specific needs and budget.

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.