Manufactured Home vs. Modular Home Insurance: What’s the Difference?

Manufactured and modular homes can often provide more affordable housing options for those seeking to become homeowners. However, while these dwellings may present opportunities, they also require careful consideration of unique risks and exposures. Insurance may be particularly nuanced and complicated for these homes, but a qualified insurance professional, such as those at Freedom Auto Insurance, can help you find the right coverage.

What Are Modular Homes?

You should first understand that while modular homes and manufactured homes may seem similar, there are several key differences. Modular homes are composed of several sections and pieces built off-site. They are then transported to your lot and assembled there using permanent foundations.

What Are Manufactured Homes?

Manufactured homes can generally be defined as residences that are assembled in factories or otherwise off-site and then transported to their eventual location. Their foundations are typically temporary, such as concrete blocks and slabs. Due to these construction methods, manufactured homes may face unique risks requiring alternative coverage.

What Do I Need to Know About Insurance?

Insuring your manufactured or modular home may require a careful and exhaustive approach. You may need coverage for transportation risks, as accidents and other mishaps could befall your home’s parts even before they eventually arrive at their eventual location. Manufactured homes may require particularly tailored coverage regarding their foundations, as these temporary structural elements may be more vulnerable to various incidents and perils. Meanwhile, since modular homes are assembled on permanent foundations, standard home insurance policies may be sufficient.

Learn More

At Freedom Auto Insurance in Albertville, AL, we can help manufactured and modular homeowners understand the unique aspects of their situations and identify appropriate coverage options. Contact us today to discuss further or compare personalized quotes.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.