Mobile or manufactured homes have seen an increase in popularity across the country over the last few years and North Carolina is no exception. Mobile and manufactured homeowners in North Carolina need to have the right insurance coverage in place to make sure they are fully protected, just like any other homeowner.
What companies offer mobile home insurance in North Carolina?
Despite some insurers dropping coverage in some parts of the state, several insurance companies in North Carolina still offer mobile or manufactured homeowners insurance, including Foremost and American Modern. Also, many of the largest insurance companies offer mobile home insurance as one of their coverage options, like Liberty Mutual and Progressive.
Additionally, some companies, like Manufactured Housing Insurance Services, only offer mobile home insurance. But this type of coverage may not be the best choice for people who also need other types of insurance, like auto insurance, because they won’t be able to bundle their policies.
Mobile home insurance companies in North Carolina
Here are some of the most popular insurance companies offering mobile home insurance in North Carolina in 2024:
American Modern
4.9
Why we chose it
American Modern stands out thanks to its willingness to insure manufactured homes both old and new, its high-deductible policy options, and its optional golf cart and hobby farming coverages — popular with some North Carolina homeowners.
Pros and cons
Pros
Insures older mobile homes — with no age restriction
High-deductible options up to $5,000
Water damage coverage included in your base policy
Cons
Maximum dwelling coverage is only $300,000
Doesn’t disclose on its website whether certain makes or models are or aren’t eligible for coverage
Foremost
4.2
Why we chose it
As the first company to offer home insurance policies specifically for mobile homes, we like Foremost for its willingness to insure homes of any age, model, make, and value — rare among other insurers.
Pros and cons
Pros
Insures homes of any age, model, make, and value
Replacement cost coverage available for your home, other structures on your property, and your personal belongings
Trip coverage available when moving your mobile home
Cons
Deductible options aren’t disclosed on its website
Progressive
4.5
Why we chose it
Progressive offers guaranteed replacement cost coverage and extended replacement cost coverage for your dwelling, plus replacement cost coverage for your belongings and seasonal home insurance if you only live in your mobile home for part of the year.
Pros and cons
Pros
Available in all states except Alaska and Hawaii
Slew of policy and discount options available
Easy-to-use app to manage policy
Cons
Not a direct insurance carrier
Cost varies by company Progressive places you with
Customer service & claims options vary by company
More details
With availability in all states except two and a generous multi-policy discount, Progressive is the ideal insurance company for homeowners who have a car or other types of property to insure. It also earned an above-average rating in J.D. Power’s 2022 digital experience study, indicating customer satisfaction with Progressive’s mobile and web experience.
However, Progressive isn’t a direct insurance carrier. This means your coverage, rates, and claims experience will depend on which company it places you with. Because of this, Progressive may not be the best choice for homeowners who prefer paying their bills and filing claims all with one company.
How much is mobile home insurance in North Carolina?
The average cost of homeowners insurance in the U.S. is $1,754 per year, but homeowners in North Carolina pay about 12% less than the national average.
However, due to the higher risk of loss in extreme weather situations, mobile home insurance is often pricier than standard home insurance coverage. This is especially true for mobile homeowners on the east coast of North Carolina, where hurricane and flood events are more commonplace.
How much you ultimately pay for mobile home insurance will vary based on a number of factors, including:
Where you live
Size of your manufactured home
Age of your mobile home
Your claims history
Your policy deductible amount
Mobile home insurance discounts in North Carolina
Every insurance company has a different way of determining what discounts they offer, but here are some of the most common discounts in North Carolina for manufactured home insurance:
Mobile home park: If your home is located in an approved mobile home park.
Age of home: If you have a newer mobile home.
Wind-resistant features: If your mobile home has wind-resistant features, like storm windows, to help protect against tornadoes, tropical storms, and hurricanes.
Bundled policies: iIf you bundle your mobile home insurance with another insurance policy with the same company.
No claims in past three years: If you’ve been claims-free for a specific number of years (usually three years, though some companies may go as high as five years).
Association membership: If you’re a member of certain associations, like USAA, AFI, AARP, or other groups.
Paperless policy: If you sign up to receive your policy documents electronically.
Paid-in-full: If you pay your insurance premium annually instead of monthly or bimonthly.
Age of insured: If you’re a certain age (typically 50 or older) or are retired.
Is mobile home insurance required in North Carolina?
No, mobile home insurance is not legally required in North Carolina, but banks and mortgage lenders typically require mobile home insurance in order to protect their investment.
Additionally, because homes in mobile home parks are located so close together, damage from something like a fire or flood can spread quickly and potentially destroy the entire park, leaving uninsured residents financially ruined. This means some mobile home parks require residents to purchase mobile home insurance as a condition of living in the park.
What does mobile home insurance cover in North Carolina?
A typical HO-7 mobile home insurance policy comes with six standard types of coverage:
Dwelling: Pays for damage to the physical structure of your mobile home, including things like walls, windows, and the roof.
Mobile home extensions: Covers additional buildings or structures that may or may not be attached to your mobile home, including porches, garages, and other separate structures.
Personal property: Provides coverage for your belongings, like furniture and electronics, if they are damaged by a covered peril.
Additional living expenses: Covers costs associated with relocating or staying elsewhere while your mobile home is being repaired after a covered loss.
Personal liability: Pays for legal and medical expenses up to the limits of your policy if you are found liable for damage or injury to someone else.
Medical payments: Pays for small-dollar medical expenses associated with a visitor being injured on your property.
Extra coverages to consider for your mobile home in North Carolina
Mobile homeowners can purchase a variety of additional types of coverage that may provide additional financial protection, including:
Replacement cost coverage: Covers your home, personal belongings, and other structures based on the cost to replace them with new items without factoring in depreciation.
Hobby farming: Provides property and liability coverage for your hobby farm.
Trip collision: Covers damages to your mobile home while it is being moved from one location to another.
Flood insurance: Protects your mobile home from flood damage caused by flooding events like hurricanes and tornadoes.
Does mobile home insurance in North Carolina cover flooding?
No, mobile home insurance does not include coverage for flooding. Mobile homeowners who want coverage for flood damage will need to purchase a separate flood policy.
Learn more >> Flood insurance in North Carolina: What you need to know
Frequently asked questions
How much does it cost to insure a house in North Carolina?
The average cost of homeowners insurance in North Carolina is $1,545 per year, almost 12% lower than the national average of $1,754 per year.
What makes a mobile home “real property” in North Carolina?
According to NC Realtors, if you own a manufactured home in North Carolina, you need to file a “Declaration of Intent” or an “Affidavit for Removal” with the Register of Deeds for your home to be declared “real property.” If you don’t file with the register of deeds, the home is considered personal property.
Why is mobile home insurance important?
Mobile home insurance protects your home and the property inside it if there is physical damage from covered perils like fire or vandalism. Having robust mobile home insurance could be the difference between destitution and an ability to repair or replace your property after a disaster, so it is important to have a mobile home insurance policy.
