FAQ: Insurance for Modular Homes in Alaska
Q: Do I need insurance for my modular home?
Yes. Just like a traditional house, a modular home should be insured as soon as it’s permanently installed on your land. Standard homeowners insurance will typically apply once the home is placed on its foundation.
Q: Is shipping insurance required for a modular home?
Yes. Because modular homes must be transported—sometimes by truck, ferry, or barge—shipping insurance is strongly recommended. This protects your investment in case of damage during transit.
Q: Does my bank or lender require shipping insurance?
Often, yes. Many lenders require proof of shipping insurance before funds are released for transport. Even if not required, it’s a smart safeguard.
Q: Who arranges shipping insurance?
At Wolf Den Modular Homes, we help you arrange coverage when we coordinate transport. We work with shipping companies and insurers to ensure your home is protected every step of the way.
Q: What does shipping insurance cover?
Shipping insurance typically covers:
- Storm or water damage during barge transport
- Accidents or collisions during trucking
- Loading and unloading damage
- Unexpected delays that cause loss
Q: How much does shipping insurance cost?
It varies based on distance, shipping method, and home value. On average, shipping insurance costs are a small percentage of the total shipping expense. Wolf Den can provide an estimate when we price your transport.
Q: Once my home is delivered, does the shipping insurance continue?
No. Shipping insurance ends once your home is delivered to your site. At that point, your standard homeowners insurance or builder’s risk policy takes over.
Q: What about insurance while my home is being installed?
If installation isn’t completed right away, you may need a builder’s risk policy. This covers your home while it’s being finished, connected to utilities, and secured on your lot.
Q: Do modular homes qualify for regular homeowners insurance once built?
Yes. Once installed on a permanent foundation, modular homes are considered real property and are insured the same way as stick-built homes.
👉 Bottom line: Shipping insurance protects your modular home on its journey to Alaska, and homeowners insurance protects it for the long run. Wolf Den Modular Homes helps you line up both so your investment is covered from factory to foundation.
