Best Mobile Home Insurance In Mississippi For 2024
In Mississippi, Foremost takes the lead as the preferred provider for mobile home insurance.
We’ve saved shoppers an average of $450 per year on their home insurance.
To find the best mobile home insurance policy, it’s important to consider both the coverage and the price.
I’ve compared several insurers and have named Foremost the “Best Overall” for covering your mobile home and belongings. With over a decade of experience as a licensed insurance agent, I’m here to help you choose the right policy for your unique situation.
Best Mobile Home Insurance In Mississippi, 2024
Every company we reviewed is on our list because of its unique advantages and policy features that could meet your specific needs. Remember, the best policy for you might not be the same as what's best for a friend who lives a mile away in their mobile home.
Here's a rundown of the companies we picked, along with a summary of the key criteria:
Compare Mobile Home Insurance Companies In Mississippi
With the category leaders in mind, let's shift to a detailed comparison to see how they fare against each other:
| Bundle Discount | Best For | A.M. Best Rating | Overall Rating | J.D. Power Rating /1000 | Get A Quote | |
|---|---|---|---|---|---|---|
| Foremost |
No |
Overall |
A |
|
868 |
Instant Quote |
| Allstate |
Yes |
Retirees |
A+ |
|
854 |
Instant Quote |
| American Modern |
No |
Specialized Coverage |
A+ |
|
Not Rated |
Instant Quote |
| Progressive |
Yes |
Runner-Up |
A+ |
|
859 |
Instant Quote |
| Assurant |
No |
Most Comprehensive Coverage |
A |
|
Not Rated |
Instant Quote |
| Farmers |
Yes |
Endorsements |
A- |
|
792 |
Instant Quote |
| American Family |
No |
Discounts |
A |
|
855 |
Instant Quote |
Best Mobile Home Insurance Companies In Mississippi
Best For Specialized Coverage
Key Statistics
Why We Like Them
⇅American Modern, founded in 1949, stands as a pioneer in mobile home insurance, with its specialty in custom coverage for vacant and seasonal homes, which sets it apart from other providers we looked at.
It’s worth noting that American Modern doesn’t offer replacement cost coverage for total losses. Instead, they settle based on your home’s stated value, with no depreciation. For partial losses, they compensate using actual cash value but offer the option to upgrade to replacement cost valuation.
Benefits & Drawbacks
⇅- Boasts a long history of expertise in the mobile home market
- Equipped with a mobile app for convenient claims submissions ✓
- Requires quotes to be obtained via an agent, with no online option
- Lacks some discounts that other insurers offer ✘
Best Overall Runner-Up
Key Statistics
Why We Like Them
⇅Progressive distinguishes itself with discounts for new homeowners, strong financial ratings, and high customer satisfaction. The website is easy to navigate and offers quotes instantly.
Moreover, the mobile app provides an added level of convenience for policyholders’ digital experience.
Progressive stands out with its “single deductible” benefit, a feature not seen with other mobile home insurers we reviewed. Bundling your mobile home and auto insurance results in only one deductible for claims on either policy.
In a situation where a hailstorm damages your car and mobile home’s roof, and your deductibles are $500 each, you’d only need to pay one deductible for both repairs.
In addition, Progressive provides a bundle discount when you opt for both mobile home and auto insurance.
Progressive enhances its coverage with the “trip collision” option, which safeguards your home and personal items while they’re in transit.
Benefits & Drawbacks
⇅- Discounts tailored for new homeowners
- Mobile app makes managing policies convenient
- Offers the option for replacement cost coverage ✓
- Customer reviews are not as favorable compared to other insurers
- Certain policies are underwritten by third-party providers ✘
Best Overall
Key Statistics
Why We Like Them
⇅Foremost, a Farmers subsidiary, includes the typical coverage found with other mobile home insurers, but its standout offering is the “extended replacement cost” coverage.
The key benefit of this coverage is that, in the event of total destruction, it offers the potential to reimburse you up to 20% more than your policy limit.
Foremost’s commitment to customer satisfaction shines through, with a J.D. Power rating of 868/1,000 – the highest score among all the insurers we evaluated.
It’s important to note that Foremost doesn’t provide instant quotes on its site. After filling out the quote form, you’ll receive a quote by email within a 24-hour period.
With over 38,000 agents representing it, Foremost stands as one of the largest mobile home insurance providers in the U.S.
Benefits & Drawbacks
⇅- . AARP endorsement includes discounts for members
- Accepts applicants with credit problems
- Covers older mobile homes
- Offers additional coverage like debris removal and food spoilage protection ✓
- No online application process available
- Quote requests may take up to 24 hours ✘
Best For Retirees
Key Statistics
Why We Like Them
⇅While offering comprehensive coverage to all, Allstate gives retirees 55+ and original mobile or manufactured home titleholders a special discount, making policies more affordable. They also offer a bundle discount, like most insurers.
Allstate mobile home insurance includes a distinctive coverage we didn’t encounter with other insurers: “mine subsidence” coverage. This feature protects mobile homes from land movement caused by mining activities. Allstate also provides protection for damage to satellite dish antennas.
Allstate’s basic mobile home coverage is comparable to its competitors, featuring actual cash or replacement cost for your home and belongings. It also includes liability and guest medical protection. Optional coverages are available, such as water backup, reimbursement for green upgrades, and electronic data recovery.
Benefits & Drawbacks
⇅- Manage your policy conveniently using a mobile app.
- Special discounts are offered to retirees and original homeowners.
- You can select from a wide range of optional coverage options. ✓
- Customer service quality may differ by local agent.
- Immediate online quotes are not provided ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅While not as prominent as some of its bigger competitors, American Family is still one of the top eight home insurers in the U.S. when it comes to market share. This insurer sets itself apart with various discounts that allow for substantial savings on monthly premiums.
American Family provides multiple ways to achieve discounts, which include:
- Owning a newer home purchased within the last three years.
- Combining your mobile home insurance with your auto coverage.
- Outfitting your home with smart devices, such as Ring or Nest.
- Using autopay, full pay, and paperless billing features provided by the company.
An interesting aspect of American Family’s coverage is its diminishing deductible feature. When you purchase your policy, the deductible decreases by $100, so a $1,000 deductible becomes $900. This reduction continues with each annual renewal until the deductible reaches the maximum limit.
Benefits & Drawbacks
⇅- Presents a variety of extra coverage choices.
- Offers multiple avenues to qualify for discounts.
- Provides a mobile app to track the progress of your claims. ✓
- Some reports have pointed to slower claims processing times. ✘
Best For Most Comprehensive Coverage
Key Statistics
Why We Like Them
⇅Unlike most mobile home insurers, who exclude coverage for floods, hurricanes, earthquakes, landslides, and mudslides, Assurant offers protection for these risks.
Assurant’s All Risk coverage defends against unexpected incidents that can lead to loss or damage to your mobile home, with a few noted exclusions. Additionally, their replacement cost coverage ensures that your home and belongings are replaced with new items of similar quality, without deducting any depreciation.
Along with your home, Assurant covers structures like sheds, fences, and garages on your property. If a covered loss leaves your home uninhabitable, they also provide financial support for the additional living costs you incur.
Benefits & Drawbacks
⇅- As part of the standard offerings, replacement cost coverage is provided for your home and personal property.
- The standard policy covers floods and earthquakes. ✓
- There is no mobile app for added convenience.
- To get quotes, you’ll need to call a toll-free number from 7 AM to 7 PM since online quotes are not available. ✘
Best For Endorsements
Key Statistics
Why We Like Them
⇅Customized to fit your specific needs, Farmers offers mobile home insurance policies in Mississippi. With a vast network of agents across the state, Farmers is ready to guide you in choosing the appropriate coverage, deductible, and endorsements tailored to you.
Among the endorsements from Farmers are green-home improvement options that allow you to upgrade your appliances and systems to energy-efficient models after making a claim. You can also opt for replacement cost coverage for additional personal protection, along with coverage for identity theft.
Farmers extends various discounts to its policyholders, including benefits for having a home security system, being a non-smoker, choosing paperless billing, maintaining a clean claims history, and bundling multiple policies like car or life insurance with Farmers.
Benefits & Drawbacks
⇅- Covers the replacement of your belongings, even if lost or stolen while you are away.
- Thanks to claim forgiveness, your rates won't rise after five years of not making a claim. ✓
- Quotes are available only through agents; there is no online quoting option.
- Received the lowest J.D. Power rating among the insurers we assessed. ✘
How To Find The Best Mobile Home Insurance Company For You
Use these recommendations to help you find the best mobile home insurance and provider for your situation:
- Select at least three companies from our detailed review list and request quotes. Getting multiple quotes will help you understand the market better and allow you to get the coverage you need without paying too much.
- Decide which hazards you want your policy to cover. Fire is usually included, but if you’re near water or mountains, consider flooding risks. You may need to purchase a separate flood insurance policy depending on your insurer.
- Figure out the value of your high-value or unique items. By estimating the combined worth of these and your other belongings, you can set policy limits that avoid overspending or excessive coverage.
- Make sure to account for any recent renovations, upgrades, or significant modifications to your mobile home when asking for a quote, as these could affect its value.
Whether before or after requesting quotes, photograph and document the serial numbers of any valuables, appliances, and other items to be insured. Store this information in a fire-resistant safe or another secure place for future claims.
Average Cost Of Home Insurance In Mississippi
Although the insurers we reviewed don’t show prices online, we estimate mobile home insurance in Mississippi costs between $40 and $125 per month. The exact price of your policy depends on your coverage limits, deductible, and other factors, as explained below.
Several aspects contribute to the pricing of your mobile home insurance policy in Mississippi:
- Replacement Cost: Insurance rates are affected by how much it would cost to replace your home.
- Coverage Limits: The amount of coverage you choose has a direct impact on your premium.
- Location (ZIP Code): Your region impacts your insurance costs.
- Home Age: The age of your home plays a role in determining the price of your policy.
- Deductible: The amount you set as a deductible influences your insurance costs.
- Claims History: Your history of claims can result in changes to your insurance rate.
Every insurer we examined offers several discounts for mobile home insurance, one of which may be bundling with auto insurance.
Find Mobile Home Insurance In Mississippi
What Does Mobile Home Insurance Cover?
You can expect the following coverage with a standard mobile home insurance policy:
Dwelling Coverage
This provision ensures that if your mobile home’s structure is damaged by a covered event, the repairs or replacement are taken care of, up to the limit of your policy. You’ll also need to pick a deductible, which is the amount you cover before the insurer handles the rest of the approved claim.
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
Coverage for Other Structures
This section deals with the cost of repairing structures like fences, sheds, or other unattached property if damage occurs due to an event listed in your policy.
Liability Insurance
This type of coverage helps settle claims if a visitor is injured and files a lawsuit, or if you unintentionally damage someone’s property. It often includes legal fees.
Personal Property Coverage
This coverage provides for the repair or replacement of electronics, furniture, and other items in the event of theft or damage.
What Does Mobile Home Insurance In Mississippi Not Cover?
Certain events are often not included in mobile home insurance coverage in Mississippi.
Wear and Tear
Coverage in insurance policies is generally for sudden and accidental damage, excluding the regular wear and tear of aging items.
Insect or Animal Infestation
Insurance policies typically don’t cover pest infestation damage, as it’s considered part of the regular maintenance that policyholders are responsible for.
Earthquakes
Earthquakes don’t happen often in Mississippi, but standard mobile home insurance does not include coverage for “earth movement” caused by seismic activity.
Flooding
Flood damage is typically not included in the coverage. If you live in an area that floods, getting a separate flood insurance policy is advisable.
Business-Related Damage
Using your mobile home for business could mean that a standard policy won’t cover damages associated with it. You might need a specialized commercial policy for your business activities.
Do You Need Mobile Home Insurance In Mississippi?
We highly recommend securing mobile home insurance in Mississippi.
If you’re planning to get a mortgage for your mobile home, one of the first requirements will likely be insurance coverage from your lender.
Additionally, whether you have a mortgage or not, properties across Mississippi are vulnerable to the unpredictable risks of severe thunderstorms, including destructive winds, hail, tornadoes, tropical storms, and potential hurricanes from the Pacific Ocean.
Finally, it’s wise to check the regulations of your mobile home park or community to find out if insurance is a requirement for residents.
How To Buy Mobile Home Insurance Online In Mississippi
To make buying a mobile home insurance policy online more efficient, try these steps:
Assess Your Coverage Needs
Determine the coverage you require. Consider the value of your home and belongings to select the right property damage limits.
Obtain Online Quotes
Many mobile home insurers in Mississippi provide the option to get quotes online. Some websites also feature comparison tools to make it easier to evaluate coverage and pricing.
Submit Your Application
When you’ve decided on coverage and found a rate that works, go ahead and submit your application. Most insurers accept online applications, but a few may still require an in-person meeting to complete everything.
Unique Considerations For Mobile Home Insurance In Mississippi
As with other coastal states, Mississippi is exposed to a number of severe weather conditions, including:
- Wildfires
- Damaging Winds
- Lightning
- Tornadoes
- Hurricanes
- Tropical Storms
- Hail
- Flood Damage
Given these risks, it is advisable for all mobile home owners in Mississippi to ensure they have enough coverage.
How To Find Cheap Mobile Home Insurance In Mississippi
For reasonably priced mobile home insurance in Mississippi, aim to collect quotes from no fewer than three insurance providers. Rates may vary for both standard and additional coverage, so remember to ask about discounts.
Nevertheless, we suggest avoiding the choice of an insurer based solely on price. It’s vital to confirm that your policy provides adequate coverage limits and to compare quotes accurately.
Largest Manufactured Home Insurance Companies In Mississippi
| 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% |
Our Methodology
Our assessment for the "Best For" selection and overall rating relied on the standard and optional coverages offered by each insurer, in conjunction with online reviews, financial stability, and ratings of customer satisfaction. It's essential to recognize that none of the insurers we evaluated provide online pricing information.
Quotes Analyzed
Research Hours
Brands Reviewed
Years Of Experience
FAQs
Is mobile home insurance more expensive in Mississippi?
In Mississippi, mobile home insurance costs are typically on par with those in neighboring Southeastern states, with an exception for Florida, where numerous insurers don’t provide coverage for mobile homes.
Do you need mobile home insurance in Mississippi?
While your mortgage lender may impose a requirement for insurance on your mobile home, it is not a requirement under state law. Nonetheless, we highly recommend having mobile home insurance, regardless of mortgage status.
How are mobile home insurance rates determined?
Insurance rates for mobile homes are shaped by various factors, such as your location, the limits of your coverage, your deductible amount, and any available discounts.
