Albuquerque, NM Home InsuranceManufactured and mobile home insurance in Albuquerque
About 3.7% of homes in Albuquerque are manufactured or mobile. That is a meaningful share, and it matters because these homes are not covered by the standard homeowners policy most people assume they have.
The three categories, and why they are not the same
| Type | What it means | Policy |
|---|---|---|
| Mobile | Factory-built before 15 June 1976, when the federal safety standards did not yet exist. | HO-7 |
| Manufactured | Built after that date to the federal HUD code, on a permanent chassis. | HO-7 |
| Modular | Factory-built in sections but to state and local building codes, with the transport beams removed and the home fixed to a permanent foundation. | Standard HO-3 |
That last row is the one people get wrong. A modular home is insured like any other house. A manufactured home is not.
What an HO-7 does differently
- The structure is covered on an open-peril basis, like a standard policy — but written for a home on a chassis.
- Your belongings are usually covered on a named-peril basis, not open peril.
- Payouts often default to actual cash value, meaning depreciation comes off. Replacement cost is available but has to be asked for, and on an older home the difference is large.
- Transport is not covered. Moving the home to a new site needs a specific endorsement — standard HO-7 policies exclude damage in transit.
What changes your premium here
Manufactured homes are underwritten as more exposed to wind, fire and certain water damage than site-built houses, and priced accordingly. With 38 damaging hail events recorded in Bernalillo County over 10 years, roof and skirting exposure is not theoretical here. Discounts commonly turn on being fully skirted and tied down, on the age of the model, and on a clean claims history.
One more thing worth knowing: if the home sits in a leased community rather than on land you own, it may legally be personal property rather than real estate, which changes how the policy and any land-attached structures are written.
Manufactured housing share from the US Census Bureau, American Community Survey.
If your home is manufactured rather than modular, the policy you need is not the one most people assume. Worth checking which you actually have.