A mobile home is free after your home burns or receives massive damage from an insurance-qualified event. However, should your insurance policy always include a mobile trailer? Here are the pros and cons of both situations.
The Benefits of a Mobile Trailer After Disaster
Having a new home is the first aspect on your mind after your previous investment went up in flames or dissolved in a natural disaster. A mobile home is a great place to help you keep yourself in good shape and have privacy until your insurer has settled matters.
You Have a Shelter to Collect Your Thoughts
A high-quality mobile home gives you all the amenities of residential living. Your new property will likely include a shower, bedroom, living room, entertainment area, and other features you or your insurer would like to include. Truthfully, your insurer will have the final say about the included features.
Insurers Will Handle Temporary Home Expenses
Your insurance company will pay for your new temporary home's billing and utilities. However, additional amenities, such as daily sustenance, will highly likely come from new owners. On the other hand, you won't need to deal with anything financially.
Your Trailer Has Insurance Too
All mobile trailers have insurance policies protecting new homeowners from any additional expenses should something happen, and they did not cause it.
Some Downsides to Having an Emergency Home Included with Insurance
Higher Premium and Risk of Uselessness
Having an emergency manufactured house right after a disaster is convenient. However, you might be paying a premium too high for a single property.
Possibly Zero Choice in Trailer Maker or Provider
Even if your area leaves you at high risk of losing your home, you lose all your payments or collect a fraction of it after you fully pay your premiums if nothing comes to pass.
Make Sure You Work Only with The Best Trailer Manufacturers
Insured or not, you can always count on us at Miller Office Trailers for all your mobile trailer needs. Contact us today to learn more about our products and services.
Comments