In this article, we will take a look at the 5 best manufactured home insurance companies heading into 2024. If you want to read our detailed analysis, you can go directly to 15 Best Manufactured Home Insurance Companies Heading into 2024.
5. AXA SA (OTC:AXAHY)
Market Capitalization as of December 9, 2023: $73.04 Billion
AXA SA (OTC:AXAHY), with a market cap of $73.04 billion as of December 9, ranks as one of the best manufactured home insurance companies heading into 2024. The company is based in France and it provides coverage across car, home, health, and business lines in 51 countries. Manufactured home insurance services by AXA SA (OTC:AXAHY) cover loss from from fire, theft, flood and storm, malicious acts, subsidence, escape from water, and escape from oil. The company also offers emergency home assistance, the provision of alternative accommodation in case of serious damage, cover for accidental damage, and the provision of replacement locks.
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4. Zurich Insurance Group AG (OTC:ZURVY)
Market Capitalization as of December 9, 2023: $75.32 Billion
Zurich Insurance Group AG (OTC:ZURVY) is one of the best manufactured home insurance companies heading into 2024. The Swiss company provides life insurance, critical illness and disability insurance, income protection, and mortgage protection. The company’s robust mobile home insurance line covers losses due to fire, lightning, explosions, smoke, and personal accidents. It also covers demolition expenses, firefighting expenses, and debris removal costs. Zurich Insurance Group AG (OTC:ZURVY) has a market cap of $75.32 billion as of December 9.
3. State Farm Insurance
Annual Revenue (2022): $89.3 Billion
State Farm Insurance ranks among the best manufactured home insurance companies heading into 2024. The company is based in Illinois and it provides coverage across home, life, and car lines. State Farm Insurance helps pay for property damage, accidental loss, repairs and replacement, injury claims, and liability claims. However, it does not cover damage caused by seepage of water, wear and tear, nuclear hazards, animals, floods, and mechanical breakdowns. The company reported annual revenue worth $89.3 billion in 2022.
2. Chubb Limited (NYSE:CB)
Market Capitalization as of December 9, 2023: $90.95 Billion
Chubb Limited (NYSE:CB) is a leading insurance company based in New Jersey, United States. The company offers a range of insurance services across 54 countries and territories. Claims for manufactured home insurance cover rebuilding costs, materials, labor, designer fees, lighting, and custom finishing. The company also pays an extended replacement cost coverage, even if it exceeds the policy limits. Chubb Limited (NYSE:CB) has a market cap of $90.95 billion as of December 8.
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1. Allianz SE (OTC:ALIZY)
Market Capitalization as of December 9, 2023: $102.59 Billion
Allianz SE (OTC:ALIZY) ranks among the best manufactured home insurance companies heading into 2024. The company is an insurance and asset management company based in Munich, Germany. Allianz SE (OTC:ALIZY) provides coverage for house rebuilding, accidental damage, and lock replacement. The company does not cover gradual wear and tear, fence damages due to natural disasters or storms, and household appliance maintenance. The company has a market cap of $102.59 billion as of December 9.
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You can also check out 25 Most Valuable European Companies Heading into 2024 and 20 Countries With The Highest Energy Consumption.