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Protect Your Manufactured Home in Saginaw, MI

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The data in the Covertree Resources section is from publicly available sources last updated in December 2022. We provide source links for verification. However, we can’t guarantee accuracy. Rely on this data at your own discretion. For specific advice, consult professionals.

A Guide to Mobile Home Insurance in Saginaw, MI: Costs, Coverage, and Considerations

A Guide to Mobile Home Insurance in Saginaw, MI: Costs, Coverage, and Considerations

Saginaw, MI is a beautiful community with a river running through the downtown, plenty of parks, and walkable streets. It’s an ideal place for young professionals, families, and retirees, offering everything needed to enjoy life. One of the most striking features of Saginaw is its low cost of living. Saginaw has one of the lowest costs of living in the country, making it easy to buy a home and have money left over to have fun.

Furthermore, Saginaw County is known for its quality schools and five colleges, making it possible to go from kindergarten through college without leaving home, which is great for growing and intergenerational families. When it comes to recreation, Saginaw County has an exceptional 82-acre trail system, 541 acres of parkland, 26 public & private golf courses, fishing, water activities, an art museum, children’s museum, zoo, Zehnder’s Splash Village Hotel & Waterpark, the Dow Event Center, and much more. Frankenmuth, a Bavarian Village and the location of the world’s largest Christmas store, is also located in the county, providing ample opportunities for recreation.

Saginaw County is a diverse and welcoming community. The cultural diversity of the community has created a rich experience for the residents. It’s incredibly welcoming to people from all over the world, with little communities from different countries making their home here. Saginaw Valley State University’s sister university is Jinan University in Guangzhou, China. The Japanese Cultural Center, Tea House, and Gardens of Saginaw is one of the most authentic tea houses in North America—built entirely of wood without the use of nails, screws, or glue.

According to Sperling’s Best Places, Saginaw County has an overall cost-of-living of 79.3, well below the US average of 100, making it one of the least expensive areas in the United States. However, that does not mean that Saginaw County lacks resources or entertainment. On the contrary, there are abundant outdoor recreation and water activities, shopping, restaurants, live music venues, museums, and everything that a family needs to enjoy life.

Saginaw County is located in the central portion of Michigan’s lower peninsula, in the economically diverse Great Lakes Bay Region, making it a strategically-located place that is a short drive from major metropolitan attractions, Canada, and pristine nature attractions. The Great Lakes Bay Region is the largest watershed in Michigan, home to the Saginaw River and eight different rivers that intertwine and drain into the Saginaw Bay, which is connected to Lake Huron. With a growing economy, outstanding healthcare, low cost of living, award-winning schools, diverse housing options, and affordable business environment, Saginaw County is a great place to live. It has a vibrant, big-city feel with small city expenses and charm, and it’s full of unexpected surprises—from Riverfront Saginaw’s arts and entertainment hub to Old Town’s walkable blocks filled with quirky shops, eateries, and taverns.

Understanding Mobile Home Insurance in Michigan.

The average cost of mobile home insurance is typically between $700 and $1,500 per year according to the American Modern Insurance Group and according to another manufactured home insurer estimates the average cost to be around $1,025 per year. Insurance carriers consider several factors when determining the premium, resulting in varying rates.

Understanding Mobile Home Insurance in Michigan.

The location of your mobile home, particularly the zip code in Michigan, is a significant factor.

Other factors taken into account by insurance carriers include:

The location of your mobile home, particularly the zip code in Michigan, is a significant factor.

The age and value of your mobile home, deductible options, coverage limits, and potential endorsements, can also influence insurance costs in Michigan. You can minimize coverage costs by:

You can also combine your Michigan mobile home insurance with other coverage, such as car insurance, business insurance, and umbrella policies, to save you as much money as possible.

Choosing the Right Mobile Home Insurance for Saginaw, MI

When shopping for mobile home insurance in Saginaw, MI, it's important to consider several factors. Here are the key points to keep in mind:

Choosing the Right Mobile Home Insurance for Saginaw, MI

Weather Risks:

Saginaw, MI, faces a moderate risk of flooding, which has the potential to significantly impact properties, utilities, emergency services, transportation, and the overall economic well-being of the area. Understanding the risks and taking appropriate measures can enhance preparedness and safety within the community.

Out of all properties in Saginaw, 17% (1,645 properties) have a greater than 26% chance of being severely affected by flooding over the next 30 years. This includes residential, road, commercial, critical infrastructure, and social facilities. Residential Minor Risk: 2,975 out of 18,229 homes Road Moderate Risk: 3 out of 4 miles of roads Commercial Moderate Risk: 136 out of 579 commercial properties Critical Infrastructure Minor Risk: 7 out of 42 infrastructure facilities Social Facilities Major Risk: 17 out of 75 social facilities It’s important to note that the level of risk varies for each property, contributing to Saginaw’s overall moderate risk of flooding. Flooding can have a significant impact on day-to-day life within the community, including access to utilities, emergency services, and transportation.

In addition to the flooding risk, Saginaw also has a minor risk from wildfires, minimal risk from severe winds, and minor risk from heat.

Saginaw, MI Neighborhoods to consider.

Property Crime Rates

Property Crime Rates

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Are you in Saginaw, MI, looking for mobile home insurance?

Manufactured Home Insurance Coverage

CoverTree offers insurance coverage specifically designed for manufactured homes in Michigan. We understand the unique needs of manufactured homeowners and offer comprehensive coverage for their homes.

Claims Process and Customer Service

Research the claims process of the insurance companies you are considering. Look for responsive and reliable customer service, as well as an efficient claims process, to ensure a smooth experience if you need to file a claim.

Look Over the Details

Don't forget to read over the details of each plan carefully. Check for any exclusions, see what your deductible would be, and look for optional extras that could be covered like flood insurance. The more informed you are, the better you'll be able to choose.

Check Customer Reviews

Make sure you check out what other customers have to say about their experience with the company you're considering. Customer reviews can help you get an idea of how the company treats its clients.

Talk to an Insurance Agent

Want to talk to someone with experience in the field? Reach out to an independent insurance agent who can help you choose the right policy for your needs.

Research Insurance Providers

Start by researching insurance providers that offer coverage specifically for mobile, manufactured, or pre-fab homes in your choice of town or city. Look for reputable companies with a strong financial standing and positive customer reviews.

Keep in Mind

By considering these factors and tailoring your insurance coverage to your specific needs, you can choose the right mobile home insurance policy in Saginaw, MI that provides adequate protection for your valuable investment. Since there are so many variables that go into mobile home premiums, we recommend getting a free quote right now, right here!

Michigan Mobile Home Resources Mobile Homes in MI.

Michigan Mobile Home Resources Mobile Homes in MI.

Mobile homes account for roughly 7 percent of The Great Lake State’s total housing units! Michigan has a significant number of mobile home communities, with over 900 in the state, making it the third highest in the country after Florida and Texas.

The average price of a pre-owned mobile home in Michigan is around $44,962, with an average model year of 2004. The average size of a mobile home is approximately 1,337 square feet.

Mobile homes, manufactured homes, and pre-fabricated homes are terms that are sometimes used interchangeably, but they can have different meanings. Mobile homes typically refer to factory-built homes built before 1976, while manufactured homes refer to homes built after the implementation of the HUD code. Pre-fabricated homes are generally built off-site in sections or modules and then transported to the location for assembly.

When buying a manufactured home in Michigan, there is a sales tax rate of 6%. However, there is no annual tax rate on manufactured homes, unlike some other states.

The Mobile Homes program is responsible for initial and renewal licensure for mobile home parks and dealers and determining eligibility of park licensing through the annual inspection process. The program is also responsible for park and dealer complaints; park, dealer and installer & repair licenses; and park construction and permitting.​

The Mobile Homes program is responsible for initial and renewal licensure for mobile home parks and dealers and determining eligibility of park licensing through the annual inspection process. The program is also responsible for park and dealer complaints; park, dealer and installer & repair licenses; and park construction and permitting.

Unlike certain coastal states, Michigan doesn’t have a coastal property insurance pool. Therefore, mobile home owners in Michigan need to look for insurance through private providers.

Even though it’s not a legal requirement in Michigan, mobile home insurance is often a wise investment to safeguard your property.

Read through the following guides to help familiarize yourself with rules and regulations in Michigan:

Michigan Mobile Home Insurance Facts.

Michigan Mobile Home Insurance Facts.

Michigan law defines an “eligible person” for homeowners insurance as someone who owns or lives in a dwelling, including houses, condominium units, cooperative units, apartments, or multiple unit dwellings of up to four residential units.​

Eligible individuals cannot be denied insurance solely based on the age of their house, its location, or the type of neighborhood they reside in.

Unlike some other insurance coverages, law in Michigan does not mandate homeowners insurance. However, if you are financing your home, your lender will require you to purchase insurance to protect their financial interest.

Michigan law defines an “eligible person” for mobile home insurance as someone who owns or lives in a mobile home. Mobile home insurance policies are similar to conventional homeowners’ policies but include specific provisions for mobile homes.

Mobile home insurance in Michigan typically provides coverage for risks specific to the state, such as damage from severe weather events like floods, windstorms, and tornadoes.

Mobile home insurance regulations may vary from state to state and even within different localities in Michigan. Working with a knowledgeable insurance agent can help you understand and comply with the specific requirements in your area.

Mobile home insurance policies are similar to those of conventional homes but come with additional provisions specific to mobile homes. They often include coverage for moving your home to avoid damage from floods, windstorms, and other perils.

Travel trailers, camping trailers, and
motor homes are typically insured under automobile, recreational vehicle, or special
policies.

Mobile Home Relocation Fund

In Michigan, there is no specific mention of a Mobile Home Relocation Fund so Michigan does not have a state-sponsored aid package akin to Mobile Home Relocation Funds in other states, which provide financial assistance to mobile home park tenants under certain circumstances such as park closure, redevelopment, rent increases, changes in community age restrictions, or rehabilitation of older homes.

When Do You Need : Mobile Home Insurance?

If you owe money on a mortgage for your mobile home, it is likely required to protect your property and the bank’s investment.
If you don’t have enough savings to recover from disasters like fires or tornadoes, mobile home insurance provides financial protection.
If you own your mobile home outright but lack liability coverage, insurance can protect you from litigation if someone gets injured on your property.

Additional Relief

If you've faced financial challenges in recent years, the Michigan Homeowners Assistance Fund is here to offer support. Through this program, which utilizes federal funding provided by the American Rescue Plan Act of 2021, over $114 million has been distributed to more than 15,000 homeowners in 2023. The Michigan Homeowners Assistance Fund provides relief by offering up to $25,000 per household to cover various home-related expenses. This includes assistance with delinquent mortgage payments, property taxes, and insurance costs. It's a fantastic opportunity to relieve some of the financial burdens that may have accumulated during these difficult times. To be eligible for this funding, applicants must have experienced a financial hardship directly linked to COVID-19. Additionally, households with a total income below 150 percent of the Area Median Income (AMI) are also eligible for this program. If you meet these criteria, you can find more details and access the application on the website of the Michigan State Housing Development Authority.

Additional Relief

Finding the Best Mobile Home Insurance in Saginaw, MI

When it comes to getting mobile home insurance in Creek, understanding the different coverage options is essential to ensure your precious investment is well protected. Let's take a look at the types of coverage available:

Finding the Best Mobile Home Insurance in Saginaw, MI

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