Can i put insurance on a old mobile home ?

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I have a 84′ model mobile home but i paid to have it remodeled so it’s very nice on the inside.
Well i want to rent it out so i want to put insurance on it in case a fire or etc. happens to it while it’s being rented out .
But can i put insurance on a mobile home that old ? and can i put as much as i want or does the insurance only cover how much it’s worth ?
thanks matthew for really reading the question…..

  1. Reply
    James Harris
    June 26, 2011 at 7:07 am

    You should be able to put insurance on it assuming it will pass all the standards. You will have to contact an insurance agency and have them come out and inspect the home. My parents stop their home insurance only to find out later that it could not be insure because it would not past the code and it was really old to. You will probably have to shop around to find out how much coverage you can put on the home. I have a double wide home myself and my insurance only coverages the value of it today or what it has depreciate. Found this out after having hail damage. I end up putting on the vinyl siding and shirting on myself but I was able do all repairs to the home. Good luck.

  2. Reply
    June 26, 2011 at 7:34 am

    keep it do not sel it

  3. Reply
    June 26, 2011 at 8:09 am

    I don’t know of any insurance companies that will put physical damage on a mobile home that’s over 25 years old, and most won’t insure them if it’s over 20 years old.

    If money is no object, you could have an independent agent put it out to someplace like Lloyds of London – $ 5,000 minimum premium, for a limited risk policy. Regardless of how much coverage you BUY, the most they’d pay out in a claim, is the cost to repair, or the “actual cash value” of the remodeled mobile home, usually whichever is LESS.

  4. Reply
    June 26, 2011 at 8:15 am – try this one. Got my home insurance from them. As I know they provide such a service.

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