Product Update

Farm Mobile Home Insurance in Agribusiness Risk and Insurance

This release to Agribusiness Risk and Insurance (ARI) expands the reference to include Information on mobile home insurance.

Many farm residences are not true "farmhouses" in the traditional sense. Many farmers and agricultural workers live in mobile homes. Mobile homes provide a less-expensive alternative to site-built homes (homes that are completely constructed on the lot where they will be occupied) and have served as homesteads in rural communities for decades. Many farmers also place mobile homes on their land for housing for their farm manager and workers. Convenient and inexpensive relative to site-built homes, mobile homes, however, present unique loss exposures to insurers.

Some of the important topics addressed are as follows.