Best Mobile Home Insurance In Colorado 2024
Foremost is considered the go-to provider for mobile home insurance in Colorado.
We’ve saved shoppers an average of $450 per year on their home insurance.
There are many things to think about when choosing the best mobile home insurance, including the coverage and the cost.
Based on my evaluation of multiple companies, I’ve rated Foremost as the “Best Overall” for mobile home protection. With over 10 years of experience as a licensed agent, I’ll help you easily find the right policy for your specific needs.
Best Mobile Home Insurance In Colorado 2024
In our assessment, each reviewed company made the cut based on unique benefits and policy offerings that might be a good fit for your situation. It’s important to recognize that the best policy for you could differ from what’s ideal for a friend living nearby.
Check out our selected companies along with an overview of the critical criteria:
Compare Mobile Home Insurance Providers In Colorado
Now that you have an overview of our category winners, here's a more detailed comparison that puts them side by side:
| Overall Rating | Best For | A.M. Best Rating | Bundle Discount | J.D. Power Cust. Satisf. Rating | Get A Quote | |
|---|---|---|---|---|---|---|
| Farmers |
|
Endorsements |
A- |
Yes |
792 |
Instant Quote |
| Progressive |
|
Runner-Up |
A+ |
Yes |
859 |
Instant Quote |
| Foremost |
|
Overall |
A |
No |
868 |
Instant Quote |
| American Modern |
|
Specialized Coverage |
A+ |
No |
Not Rated |
Instant Quote |
| Allstate |
|
Retirees |
A+ |
Yes |
854 |
Instant Quote |
| Assurant |
|
Most Comprehensive Coverage |
A |
No |
Not Rated |
Instant Quote |
| American Family |
|
Discounts |
A |
No |
855 |
Instant Quote |
Best Mobile Home Insurance Companies In Colorado
Best Overall
Key Statistics
Why We Like Them
⇅As a subsidiary of Farmers, Foremost offers the same standard coverage options as other mobile home insurers, with the “extended replacement cost” coverage being its standout feature.
The real advantage of this replacement cost coverage is that, if your mobile home is fully destroyed, you could be reimbursed up to 20% over your policy limit.
With a J.D. Power customer satisfaction score of 868/1,000, Foremost ranks highest among all the insurance providers we assessed.
Unlike some insurers, Foremost doesn’t offer immediate quotes on its website. You’ll receive a quote by email within 24 hours of submitting the form.
Foremost ranks among the largest mobile home insurance companies in the U.S., supported by a network of more than 38,000 agents.
Benefits & Drawbacks
⇅- AARP-endorsed with member discounts
- Provides coverage for older mobile homes
- Offers a variety of extra protections, including debris removal and food spoilage coverage
- Open to individuals with credit issues ✓
- Quotes may take up to 24 hours to process
- No option for online applications ✘
Best For Specialized Coverage
Key Statistics
Why We Like Them
⇅Founded in 1949, American Modern is a leader in the mobile home insurance space, known for its tailored coverage for vacant and seasonal homes, a feature that makes it different from other insurers we assessed.
American Modern doesn’t offer replacement cost coverage for a total loss. If your home is completely destroyed, they pay based on its stated value, without deducting for depreciation. For partial losses, compensation is based on actual cash value, though you can upgrade to replacement cost coverage.
Benefits & Drawbacks
⇅- Decades of experience and deep understanding of mobile home insurance
- Utilizes a mobile app for easy and efficient claims reporting ✓
- Lacks certain discounts that may be found with other insurers
- Requires quotes to be obtained through agents, as online options aren’t available ✘
Best For Retirees
Key Statistics
Why We Like Them
⇅With comprehensive coverage for all policyholders, Allstate provides retirees 55 and older, and original owners of mobile or manufactured homes, with a special discount to reduce costs. They also offer a bundle discount, similar to most insurers.
A unique feature of Allstate mobile home insurance, which isn’t commonly offered by other insurers, is “mine subsidence” coverage. This protects your home from ground movement caused by man-made mining. Allstate also provides protection for satellite dish antennas.
Allstate’s mobile home insurance includes standard coverage comparable to other companies, offering protection for your home’s actual cash or replacement cost and your personal property. Liability and guest medical protection are included, with optional add-ons like water backup coverage, reimbursement for eco-friendly upgrades, and electronic data recovery.
Benefits & Drawbacks
⇅- Several attractive optional coverage choices are available.
- Retirees and those holding the original title can take advantage of discounts.
- Policy management is more convenient with the use of a mobile app. ✓
- The customer experience can vary depending on local agents.
- Immediate online quotes are not provided. ✘
Best For Endorsements
Key Statistics
Why We Like Them
⇅Farmers specializes in providing customizable mobile home insurance policies in Colorado, tailored to your individual needs. With an extensive network of agents statewide, they are ready to assist you in selecting the right coverage, deductible, and endorsements that fit your situation.
Among the endorsements available with Farmers are options for green-home improvements, which let you upgrade to energy-efficient appliances and systems following a claim. You can also select replacement cost coverage for enhanced personal protection and include identity theft coverage for added peace of mind.
Farmers provides a range of discounts for its policyholders, such as incentives for having a home security system, being a non-smoker, signing up for paperless billing, maintaining a claims-free history, and bundling other policies like car or life insurance.
Benefits & Drawbacks
⇅- Covers replacement of personal belongings even if they are lost or stolen while you're away from home.
- Claim forgiveness ensures your rates will stay the same after five consecutive years of no claims. ✓
- Received the lowest score from J.D. Power among the insurers we compared.
- Quotes are only available through agents; there is no online quoting option. ✘
Best For Most Comprehensive Coverage
Key Statistics
Why We Like Them
⇅What sets Assurant apart is its coverage for floods, hurricanes, earthquakes, landslides, and mudslides—events that are typically excluded from most mobile home insurance policies.
Assurant’s All Risk coverage secures your mobile home from sudden, accidental damage or loss, subject to a few exclusions. Their replacement cost coverage for the dwelling and personal property guarantees replacement with new items of the same type and quality, without deducting depreciation.
Assurant covers more than just your home, extending protection to structures like sheds, fences, and detached garages. If your home suffers major damage from a covered loss, they also reimburse you for the extra living expenses incurred during the repair process.
Benefits & Drawbacks
⇅- As a standard benefit, replacement cost coverage is included for both your home and belongings.
- Coverage for floods and earthquakes is part of the standard insurance policy. ✓
- To get a quote, you must call a toll-free number from 7 AM to 7 PM, as online quotes aren’t available.
- A mobile app for convenience is not provided. ✘
Best Overall Runner-Up
Key Statistics
Why We Like Them
⇅Known for its discounts targeting new homeowners, Progressive also impresses with its financial strength and customer satisfaction. The site is simple to navigate, and quotes are provided instantly.
The availability of a mobile app makes the digital experience even more seamless for policyholders.
Progressive is distinct among the mobile home insurers we reviewed, offering a “single deductible” feature. If you bundle mobile home and auto insurance, you pay a single deductible for any claims on either policy.
If a hailstorm hits, damaging both your car and mobile home’s roof, and you have a $500 deductible for each, you only pay one deductible, covering repairs for both.
Plus, there’s a bundle discount when you select Progressive for your mobile home and auto insurance needs.
The “trip collision” option from Progressive adds value by protecting your mobile home and belongings while they’re being relocated.
Benefits & Drawbacks
⇅- Optional replacement cost coverage is available
- The mobile app allows for easy management of policies
- New homeowners qualify for special discounts ✓
- Some policies are underwritten by third-party companies
- Consumer ratings are lower than many competitors ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅While American Family may not be as well-known as larger competitors, it is still counted among the top eight home insurers in the U.S. based on market share. This insurer offers a variety of discounts, giving customers many options to reduce their monthly premiums.
American Family allows you to qualify for discounts in various ways, including:
- Bundling your mobile home and auto insurance for savings.
- Making use of autopay, full pay, and paperless billing options for discounts.
- Using smart devices like Ring or Nest in your home.
- Possessing a home that was bought within the last three years.
A unique feature of American Family’s coverage is the diminishing deductible option. When you start your policy, your deductible is reduced by $100, turning a $1,000 deductible into $900. Then, each year upon renewal, the deductible decreases until it reaches its maximum limit.
Benefits & Drawbacks
⇅- Includes a mobile app that allows you to track your claim status.
- Presents a wide range of additional coverage options.
- Provides various options to qualify for discounts. ✓
- Some feedback indicates that claims processing may be slower than expected. ✘
How To Find The Best Mobile Home Insurance Company For You
When searching for the best mobile home insurance and provider, be sure to follow these steps:
- Start by selecting at least three companies from our comprehensive review list and request quotes. By obtaining multiple quotes, you’ll gain useful insight into mobile home insurance and ensure you don’t overpay for coverage.
- Determine which hazards you need covered. Fire protection is usually standard, but if you live near water or in a mountainous area, flooding could be a concern, and you might need a separate flood insurance policy.
- Evaluate the worth of your valuable or unique belongings. By calculating their value alongside your other possessions, you can set accurate policy limits and avoid paying for excessive coverage.
- Take into account any upgrades, renovations, or major alterations that might increase your mobile home’s value when requesting a quote.
Ensure that, either before or after requesting quotes, you take photos and document serial numbers of valuable items, appliances, and other belongings. Keep this information in a fireproof safe or another secure location to support any claims.
Find Mobile Home Insurance In Colorado
What Does Mobile Home Insurance In Colorado Not Cover?
Some events are typically not covered by mobile home insurance in Colorado.
Flooding
Flooding is often excluded from standard coverage. If your area is prone to floods, it’s advisable to get separate flood insurance.
Wear and Tear
Most policies cover sudden and accidental damage, leaving out the typical wear and tear that occurs as items age.
Business-Related Damage
Using your mobile home for business purposes may not be covered by a standard policy. To address this, you may require a commercial policy designed for your business activities.
Insect or Animal Infestation
Coverage typically doesn’t include damages from pests, as insurance companies expect policyholders to address pest control as a regular maintenance task.
What Does Mobile Home Insurance Cover?
The following types of coverage are generally part of a mobile home insurance plan:
Dwelling Coverage
This feature ensures the repair or replacement of your mobile home’s structure if it’s damaged by a covered event, up to your chosen limit. You will also set a deductible, which is the amount you’re responsible for before the insurer pays on approved claims.
The following events are usually covered
- Fire
- Lightning
- Explosions
- Vandalism
- Falling objects
- Wind and hail
- Weight of ice and snow
- Damage from wild or stray animals
- Burst pipes
Personal Property Coverage
This coverage allows for the repair or replacement of electronics, furniture, and other possessions if they are stolen or damaged.
Coverage for Other Structures
This part pays for the repair of structures like sheds, fences, or other freestanding items in the event they’re damaged by something covered in your policy.
Liability Insurance
This coverage takes care of claims if a visitor is hurt and decides to sue, or if you unintentionally damage someone’s property. It also typically covers legal expenses.
Average Cost Of Mobile Home Insurance In Colorado
None of the insurers we reviewed show prices on their websites, but we estimate the cost of mobile home insurance in Colorado falls between $40 and $125 per month, depending on your coverage limits, deductible, and other factors listed below.
Various components affect the cost of your mobile home insurance policy in Colorado:
- Deductible: Choosing a higher deductible could lower your premium, and vice versa.
- Home Age: How old your mobile home is will impact the cost of your insurance.
- Replacement Cost: The estimated cost to replace your home influences your premium.
- Location (ZIP Code): Your insurance premium is partly based on where you live.
- Coverage Limits: The limits of coverage you select will determine your overall premium.
- Claims History: Past insurance claims can raise your future rates.
Every insurer we reviewed offers discounts on mobile home insurance, which can include bundling it with your auto coverage.
Do You Need Mobile Home Insurance In Colorado?
It’s recommended to secure mobile home insurance in Colorado. If you’re planning to use a mortgage to finance your mobile home, your lender will most likely require insurance as a condition.
In addition, whether or not you have a mortgage, homes in Colorado face unpredictable threats from severe thunderstorms with destructive winds, hail, tornadoes, tropical storms, and potential hurricanes from the Pacific Ocean.
Finally, consider checking with your mobile home park or community policies to see if having insurance is mandatory for residents.
Largest Manufactured Home Insurance Companies In Colorado
| Provider | Market share |
| Foremost | 4.1% |
| Assurant | 1.7% |
| American Modern | 2.3% |
| American Family | 4.4% |
| Allstate | 8.77% |
| Progressive | 1.8% |
| State Farm | 8.34% |
How To Buy Mobile Home Insurance Online In Colorado
To simplify purchasing mobile home insurance online, you can follow these steps:
Assess Your Coverage Needs
Decide on the level of protection you need. Evaluate the worth of your home and belongings to choose the right property damage limits.
Obtain Online Quotes
A number of mobile home insurance providers in Colorado offer online quotes. Some websites also let you compare coverage and prices, simplifying the process.
Submit Your Application
After finalizing your coverage and ensuring it’s within your budget, go ahead and submit your application. Some insurers allow for online submissions, but others might require an in-person meeting with an agent.
How To Find Cheap Mobile Home Insurance In Colorado
For budget-friendly mobile home insurance in Colorado, it’s a good idea to collect quotes from at least three different insurers. Rates can vary for both basic and additional coverage, so be sure to ask about any discounts offered.
That being said, we caution against selecting an insurer purely based on cost. It’s essential to verify that your policy includes adequate coverage limits and to compare quotes on an equal basis.
Unique Considerations For Mobile Home Insurance In Colorado
Much like other coastal states, Colorado endures a range of extreme weather conditions, such as:
- Wildfires
- Damaging Winds
- Lightning
- Tornadoes
- Hurricanes
- Tropical Storms
- Hail
- Flood Damage
Considering these possible dangers, we advise all mobile home owners in Colorado to secure appropriate coverage.
Our Methodology
In determining our "Best For" selection and overall rating, we focused on the standard and optional coverages offered by each insurer, along with customer reviews, financial stability, and satisfaction scores. Be aware that none of the insurers we reviewed list their prices online.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
FAQs
Is mobile home insurance more expensive in Colorado?
Generally, mobile home insurance in Colorado is priced similarly to its neighboring states in the Southeast, except for Florida, where many insurers do not offer coverage for mobile homes.
Do you need mobile home insurance in Colorado?
While insurance for your mobile home may be a requirement set by your mortgage lender, state law does not enforce it. However, we strongly recommend that you have mobile home insurance, regardless of your mortgage situation.
How are mobile home insurance rates determined?
The cost of mobile home insurance can be influenced by several aspects, such as your location, the coverage limits you select, your deductible, and any potential discounts.
