PROGRAM COVERAGES
Whether in a park, subdivision, or private property Tower Hill can offer your insured coverage for their mobile homes. Options are available for the owner-occupied or tenant occupied locations. THIG does identify several eligibility requirements, including a minimum of $20,000 Coverage A, building limit up to $250,000 in parks, and others are $200,000. Moreover, at Halcyon, we are targeting mobile homes built in 1994 and newer.
THIG’s mobile home policy includes replacement costs on Coverage A if an owner occupies the mobile home and available for all location types within an acceptable range to 360Value Replacement Cost. For tenant-occupied properties, the Mobile Home will be insured at Actual Cash Value. Regarding Other Structures, the maximum limit is 100% of Coverage A with the exception that it cannot be increased for barns, pole barn/livestock structures, fences, pool, enclosures, pools, and their equipment.
ADVANTAGES
Halcyon now has mobile home authority with the ability to quote and write new business statewide. We continuously strive to offer our agents the most competitive products in the market. Tower Hills mobile home products are structured to provide our agency partners with a competitive advantage when writing mobile home risks. A highlight of this product is that the policy can be customized as needed.
CONCLUSION
Our Personal Lines team is excited to assist our agency partners in writing new business for mobile homes with THIG, one of our top carriers. We highly suggest agents take advantage of this broad product to insure their mobile home customers. If you are interested in this product, please reach out to our VP/Personal Lines Leader, Sarah Cadle at 321-527-2192 or click here to get appointed today.
This content is strictly informational and should not be used as specific advice on insurance products, legal, accounting, and/or tax related matters. Insureds should always contact the appropriate licensed professional for their insurance, legal, accounting, or tax needs.
