Modular Home Policy

Safeguarding Mobile Homeowners from the Unique Challenges They Face

$8.00 + your state filing fee
4 Credit Hours

This course favors P&C insurance agents but is applied as general credit for all agents.

COURSE DIFFICULTY

INTERMEDIATE
This course covers the following topics:
  • An in-depth look at the common coverages, exclusions, conditions, and features of a modular home policy
  • Examine variations of the modular home policy
  • Discuss optional coverages in the policy

Summary

Insuring mobile and manufactured homes present some unique challenges for agents. While they increasingly look like traditional homes, mobile homes are more susceptible to certain perils – like wind or flood – than their conventional counterparts. The mobile home insurance policy provides a similar package of coverages as homeowner’s insurance – but is tailored to meet the specific risks and needs of the mobile homeowner. This course will give agents an in-depth look at the common coverages, exclusions, conditions, and features of a mobile home policy.

Outline

1. Introduction

  • 1.1 Purpose of the Course
  • 1.2 Overview
  • 1.3 Summary
  • Chapter 1 Quiz

2. Understanding Mobile Home Insurance

  • 2.1 Insuring Agreement– The Owner-Occupied Mobile Home Insurance Policy
  • 2.2 Property Coverage
  • 2.3 Property Not Covered
  • 2.4 Coverages Provided
  • 2.5 Property Exclusions
  • 2.6 Conditions Applying to Section I
  • 2.7 Personal Liability Coverage
  • 2.8 Medical Payments to Others Coverage
  • 2.9 Additional Coverages
  • 2.10 Exclusions
  • 2.11 Conditions Applying to Section II
  • 2.12 Conditions Applying to Section I and Section II
  • 2.13 Summary
  • Chapter 2 Quiz

3. Variations on the Mobile Home Policy

  • 3.1 Tenant Occupied Mobile Home Insurance
  • 3.2 Named Perils Mobile Home Coverage
  • 3.3 Named Perils Adjacent Structures Coverage
  • 3.4 Named Perils Contents Coverage
  • 3.5 Extension of Contents Coverage
  • 3.6 Collision Coverage
  • 3.7 Additional Coverages
  • 3.8 Conditions
  • 3.9 Exclusions on Named Perils Coverage
  • 3.10 General Policy Conditions
  • 3.11 Summary
  • Chapter 3 Quiz

4. Optional Coverages

  • 4.1 Endorsements to the Mobile Home Policy
  • 4.2 Summary

5. Conclusion

  • 5.1 Conclusion

Final Exam

  • Final Exam

FAQ

Q: What should I expect from this online course?

A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

Q: Can I print my online course materials and test questions?

A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.

Q: How long does it take to complete an online course?

A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.