Last Updated on October 21, 2026 by Syed Sarim Naqvi
Mobile and manufactured home insurance is usually an HO-7 policy, a homeowners-style policy built for factory-built homes, and it typically costs about $700 to $1,500 a year, with high-risk states and older homes running higher. The decision that matters most is replacement cost versus actual cash value, because older homes often qualify only for the lower-paying cash value option.
Key Takeaways
- Most sources cite an average of $700 to $1,500 a year; NerdWallet, citing American Modern, gives $800 to $2,000, and Foremost’s average is about $1,267
- State averages in Consumer Reports data range from $502 in Hawaii to $1,489 in Tennessee, and Texas, California and Florida can run $1,500 to $2,700
- Standard homeowners policies typically do not cover mobile or manufactured homes, so you need HO-7 or a specialty policy
- Flood and earthquake are generally excluded unless added
- Older homes may need a specialty carrier, an inspection and may be limited to actual cash value
What Is Mobile Home Insurance?
Mobile home insurance protects a manufactured, mobile, modular or park model home and its contents against fire, theft, storms and liability. Penny Pincher describes it as an HO-7 policy, compared with the HO-3 form used for site-built homes, which is valued at replacement cost.
Replacement Cost or Actual Cash Value?
Replacement cost pays to repair or replace without subtracting depreciation. Actual cash value subtracts depreciation, so payouts and premiums are lower. Duncan Insurance says newer manufactured homes often qualify for replacement cost while older ones frequently only qualify for actual cash value, and it notes manufactured homes often replace for roughly $50 to $125 a square foot, against $150 to $300 for site-built homes.
| Feature | HO-7 (Mobile Home) | HO-3 (Standard Home) |
|---|---|---|
| Eligible homes | Mobile, manufactured, modular, park model | Site-built homes |
| Valuation | Often actual cash value; replacement cost available | Typically replacement cost |
| Typical cost | About $700 to $1,500 a year | About $2,490 a year at $400,000 dwelling cover in one source |
| Flood and earthquake | Excluded unless added | Excluded unless added |
How Much Does It Cost?
InsuredBetter says $750 to $1,600 a year nationally. Insuranceopedia and Penny Pincher both say $700 to $1,500. A Consumer Reports Houston example found $100,000 of manufactured-home cover costing $2,474, while a traditional Texas home with $250,000 of cover averaged $1,967, which shows that mobile homes are not always cheaper per dollar of cover. Insuranceopedia reports Consumer Reports averages as low as $502 in Hawaii and as high as $1,489 in Tennessee. Premiums depend on location, home age and size, claims in your area and your coverage choices.
- Location and weather risk: windstorm states cost more
- Age and condition: older homes are harder to insure
- Replacement vs. cash value and your deductible
Can Older Mobile Homes Be Insured?
Yes, but often through a specialty carrier. Gerald notes you may need an inspection and may only qualify for actual cash value, and lists Foremost and American Modern among carriers that accept older manufactured homes.
What Is Not Covered?
- Flood and earthquake, unless endorsed or bought separately
- Wear and tear and poor maintenance
- Anything beyond the policy limits
How Does This Relate to Other Home Cover?
Compare with Renters Insurance Explained if you rent a unit in a park, and read Flood Insurance Explained and Hurricane and Wind/Hail Deductibles Explained for the perils that matter most.
FAQ
How much is mobile home insurance?
Commonly $700 to $1,500 a year, or about $58 to $125 a month, with wider ranges up to $2,400 or more in high-risk states.
What is an HO-7 policy?
The homeowners form designed for mobile and manufactured homes, with rules on valuation that differ from a standard HO-3.
Does it cover flood?
No. Flood is generally excluded and needs separate cover.
Is replacement cost worth it?
Usually, because it pays to replace without depreciation, though it costs more and may not be offered for older homes.
Can I insure an older mobile home?
Often yes through a specialty carrier, sometimes after an inspection and on a cash value basis.
Why is it sometimes pricier per dollar of cover?
Because weather exposure and construction type can raise risk, as in Consumer Reports’ Houston comparison.
Glossary
- HO-7: the policy form for mobile and manufactured homes.
- Actual Cash Value: replacement cost minus depreciation.
- Replacement Cost: pays for like-kind replacement without depreciation.
- HUD Code: federal construction standard for manufactured homes.
Sources
- InsuredBetter: Average Cost of Mobile Home Insurance (national range)
- Maya: Mobile Home Insurance Cost Explained (Consumer Reports Houston and state examples)
- Gerald: Mobile Home Insurance 2026 (older homes, specialty carriers)
- Penny Pincher: Mobile Home Insurance, Coverage, Cost and Best Companies (HO-7 vs. HO-3)
- Insuranceopedia: Mobile Home Insurance, Costs and Coverage (state range, exclusions)
- Duncan Insurance: Why Replacement Cost Matters for Manufactured Home Insurance (per-square-foot comparison)
- NerdWallet: How to Find the Best Manufactured and Mobile Home Insurance (American Modern and Foremost averages)
Published October 2026. Premiums and policy terms vary by insurer, state and home; confirm current details and refresh this article periodically.
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