GEICO sells mobile home insurance that is written by Assurant, Inc. and secured by GEICO. That means Assurant is actually the company that accepts liability and guarantees payment in case any loss or damage occurs. GEICO backs this guarantee with its own financial strength, for an extra level of security.
GEICO mobile home insurance protects mobile or manufactured homes as well as any unattached structures on the same property, such as a shed or detached garage. A wide range of losses are covered by GEICO mobile home insurance, including damage from fire, flooding, strong winds, falling objects, lightning, explosions, vandalism, and theft. Personal property inside your mobile home and other structures also is covered, up to the policy limits. Plus, GEICO mobile home policies offer liability coverage, which pays if a visitor is accidentally hurt, or their property damaged, at your home. In most cases, however, a regular GEICO mobile home policy will not cover your mobile home while it's being moved.
On average, mobile home insurance costs between $1,400 and $2,300 per year. Mobile homes are generally more expensive to insure than comparable traditionally built homes. Federal rules for manufactured homes have improved their construction quality, but they still tend to be at higher risk for theft, fire, wind, and accidental water damage.
If you own a modular home, rather than a manufactured home, you may purchase regular homeowners insurance. Like mobile and manufactured homes, modular homes are built in a factory and installed on site. But they are constructed more like traditional homes, to meet local building codes.
Most major insurers offer mobile home policies, includingAllstate, State Farm, American Modern, American Family Insurance, Farmers, Foremost, HomeFirst, Metlife, and Progressive.
For a personalized mobile home insurance quote, visit the GEICO website or call (800) 841-2964.
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