Cheapest Mobile Home Insurance in Florida (2024)
- American Traditions has the cheapest mobile home insurance with wind coverage, at $1,210 a year.
- Safe Harbor has the cheapest mobile home insurance without wind coverage, at $286 a year.
Cheapest mobile home insurance companies in Florida
To get the cheapest mobile home insurance in Florida, compare quotes from the best mobile home insurance companies like these before buying or renewing a policy.
| Company | Annual rate w/o wind coverage | Annual rate with wind coverage | Market share |
|---|---|---|---|
| American Traditions | $487 | $1,210 | 36% |
| Tower Hill | $461 | $1,424 | 13% |
| Citizens | $315 | $1,542 | 32% |
| Safe Harbor | $286 | $1,575 | 8% |
| Foremost | $370 | $1,862 | 24% |
Source: Florida Office of Insurance Regulation
American Traditions
American Traditions isn’t just the cheapest mobile home insurance company in Florida (with an average rate of $101 a month), it’s also the largest.
Bigger isn’t always better, but in the case of American Traditions, its size could make it more likely for you to get coverage. That’s important in Florida, where buying or renewing mobile home insurance policies can be tough.
Pros
Lowest rates with windstorm coverage
Largest mobile insurance company in the state
Based in Florida
Cons
Most expensive rates without wind coverage
May not insure homes manufactured before 2022
Tower Hill
Tower Hill also has cheap mobile home insurance with wind damage coverage in Florida, at an average rate of $1,424 a year.
You can add on to your standard mobile home policy with Tower Hill, too, like flood and golf cart coverage.
Pros
Second-cheapest rates with wind coverage
Discounts if your home is tied down or has fire extinguishers
Headquartered in Florida
Cons
Second-highest rates without wind coverage
Need to call an agent to learn about coverages and discounts
Citizens
If you can’t get mobile home insurance in Florida, contact Citizens. Citizens’ coverage options are limited because of this, but its average rate of $1,542 a year for a policy with windstorm coverage is still pretty low.
At $315 a year, Citizens’ average rate for mobile home insurance without wind coverage is the second-cheapest in the state.
Pros
Sells policies to Florida homeowners who can’t get it elsewhere
Affordable rates if you don’t need wind coverage
Offers a policy that only covers damage from hail and wind storms
Cons
Provides only basic coverage
Average rate with wind coverage is nearly 30% higher than cheapest company’s
Safe Harbor
Safe Harbor offers home insurance specifically for people who live along the Florida coast.
Its average rate for mobile home insurance with wind coverage is $1,575 a year. This is 30% higher than American Traditions’ average rate.
Safe Harbor has the state’s cheapest mobile home insurance without wind coverage, though, at $286 a year.
Pros
Cheapest rates in state for policies without wind coverage
Many local adjusters to deal with claims quickly
File a claim or pay a bill online 24/7
Cons
Rates are a bit high for policies with wind coverage
Website includes few details on discounts or coverages
Foremost
Foremost has the most expensive mobile home insurance rate of the companies we surveyed in Florida, at $1,862 a year.
The many discounts and optional coverages Foremost offers may help make up for its high rates. You could get a mobile home insurance discount from Foremost for:
- Having a newer mobile home
- Insuring an ATV or boat with Foremost, too
- Living in an approved mobile home park
- Being 50 or older
Pros
More extras and add-on coverages than any other company we surveyed
Many discounts that could save you money
Long history of insuring mobile homes
Cons
State’s highest mobile home insurance rates with wind coverage
Additional living expenses coverage is extra
What does mobile home insurance cover?
Mobile home insurance covers the structure of your home and your belongings. It also usually covers other structures on your property, your personal liability and additional living costs.
Dwelling coverage: Your policy’s dwelling coverage pays to repair or replace the structure of your mobile home if it’s damaged or destroyed.
Other structures: This coverage repairs or replaces structures that aren’t attached to your mobile home, like a staircase, shed or fence.
Personal property: Your personal property coverage protects your belongings, like clothes, furniture and electronic devices. You may need to buy extra coverage to fully protect expensive items like jewelry or collectibles.
Personal liability: This may cover you if you cause injuries to others or damage someone else’s property.
Additional living expenses: If your mobile home is damaged and you need to move out until it’s repaired, this can help cover expenses that go over what you’d usually spend. This can include hotel bills, food costs and transportation fees. It’s also called “loss of use” or LOU coverage.
What mobile home insurance do I need in Florida?
Florida law doesn’t require mobile home insurance, but many lenders and mobile home communities do require it.
To decide what kind and how much mobile home insurance coverage to get, look at factors like the age of your mobile home, the cost to replace your home and how much stuff you own.
Age of home
The age of your mobile home can have a big impact on how much you pay for mobile home insurance.
Prefabricated homes built up to June 1976 weren’t built to any government regulatory standards. Prefab homes built after this date do follow regulations, and are referred to as “manufactured homes.” Prefab homes built before this date are called “mobile homes.”
Some insurance companies won’t cover older mobile homes built before 1976. Other companies will cover them but charge much higher rates than they would if it were a newer mobile home.
Replacement cost
Most mobile home insurance policies provide dwelling coverage at “actual cash value,” which is the value of your home minus depreciation.
You can usually choose “replacement cost value” for your dwelling coverage instead. This will cover the full replacement of your mobile home if it’s destroyed, but it also costs more than actual cash value coverage.
Personal property
How much mobile home insurance you need can depend on how much “stuff” you have to insure.
To figure out how much personal property coverage you should buy to cover all your belongings, create a home inventory list. Include the name and description of the item, serial or ID numbers, and the item’s cost.
If you have expensive items like art, jewelry or collectibles, you might need to buy extra coverage to fully protect them.
Like dwelling coverage, personal property coverage usually factors in depreciation. Many insurance companies also offer a full replacement cost option, but you’ll pay more for it.
Flood and wind coverage
Flooding is a frequent risk in Florida, but flood insurance coverage is not part of a standard mobile home insurance policy.
If you financed your home and live in a high-risk flood zone, your lender may require you to buy flood insurance. Most mobile home insurers in Florida sell flood insurance as an add-on.
If you live along the Florida coast or any part of the state that has a high risk for wind, your mobile home insurance may not cover windstorm damage. We recommend buying separate or add-on windstorm insurance coverage in cases like this.
Methodology
The average mobile home insurance rates shown in this article were compiled from public information provided by the Florida Office of Insurance Regulation. Your rates may vary.