People renting a manufactured home in Scotia, NY, aren’t legally required to purchase renter’s insurance. However, your landlord may require that you buy a policy. In such an instance, knowing your policy options and what renter’s insurance does and doesn’t cover is a good idea.

How to Buy Renter’s Insurance?

Renter’s insurance for manufactured homes often costs more than renter’s insurance for other housing types. You’ll need to find a lender that covers your area and offers coverage specifically for manufactured housing. If your lender is unaware the policy is for a manufactured home, you could be denied compensation.

What’s Covered?

Coverage limits vary depending on the type of policy you pick and the deductible you set. Even so, most policies include personal property, personal liability, medical bill coverage for third parties injured while on your property, and loss of use coverage.

What Isn’t Covered?

Your belongings aren’t covered if the manufactured home is moved from one location to another. In such an instance, you’ll likely want to remove valuables from the house and store them for the duration of the move. Furthermore, renter’s insurance typically limits your compensation for personal possessions. Thus, you’ll need to buy additional coverage if you have valuable assets at home. Anything outside the house (i.e., your car, a fence, the pool, a detached garage, etc.) isn’t covered.

Renter’s Insurance Quotes from the DePaulo Agency

DePaulo Agency specializes in meeting the insurance needs of residents renting manufactured housing in Scotia, NY. Contact us at your convenience to learn more about policy options or to get a policy quote.