ISO MOBILEHOME PROGRAM AVAILABLE ENDORSEMENTS AND THEIR USES

(November 2023)

The listing that follows identifies, by number and title, endorsements available to modify or otherwise attach to ISO's Mobilehome Program which is an endorsement-based subset of their homeowners program. A mobilehome policy is created by modifying the HO 00 02, HO 00 03 or HO 00 04 policy forms with MH 04 01–Mobilehome Endorsement. Related Articles:

MH 04 01–ISO Mobilehome Endorsement Coverage Analysis

ISO Homeowners Optional Coverage Endorsements

Besides the availability of regular HO program endorsements, several special mobilehome optional coverages exist and are listed below. A brief explanation of the use of each is also provided.

MH 04 02–Actual Cash Value—Mobilehome

This endorsement changes the Loss Settlement Condition in the homeowners policy so that coverage is provided for the mobilehome on an actual cash value basis. This is a reduction in coverage from the standard replacement cost valuation. This form’s use may be more appropriate for older mobilehomes, eliminating an incentive for the named insured to damage his or her own property (for personal gain).

MH 04 03–Transportation/Permission to Move

This endorsement provides coverage while the mobilehome is being transported from one location to another. The coverage is limited to no more than 30 days. The only covered perils are collision, upset and stranding while on a ferry. The endorsement also provides permission by the insurer for the insured to move the mobilehome. When this endorsement is used, it is important to change the premises address for the mobilehome on the basic policy because it is obviously changing.

MH 04 04–Mobilehome Lienholder's Single Interest

Purchasing this endorsement for additional premium provides coverage for the interest of the designated lienholder or his/her assignee with respects to the covered mobilehome.

MH 04 06–Property Removed Increased Limit

This simple form allows an insured to increase the protection for handling expenses related to moving insured property out of the path of imminent loss or destruction beyond the standard $500. The form includes space to show the level of the increase as well as the resulting total insurance limit.

MH 04 08–Ordinance Or Law Coverage

Ordinance or Law Coverage is not automatically included in a mobilehome policy. Coverage for ordinance or law may be purchased by endorsement for additional premium.

Related Article: MH 04 08–Ordinance Or Law Coverage

MH 04 25–Actual Cash Value Loss Settlement for Windstorm Or Hail Losses To Mobilehome Roof Surfacing (04 16 new)

This form responds to wind and hail losses to a mobilehome’s roof surface material on an ACV basis, except when the damage is more than the lesser of $2,500 or 5% of the dwelling's insured value.

MH 04 26–Residence Premises Definition Endorsement - Mobilehome Definitions

This form modifies the policy definition of "Residence premises." It adds a requirement that, at the time of the policy period's inception, the named insured must have been an active resident of the mobilehome.

MH 04 27–Broadened Residence Premises Definition Endorsement – Mobilehome

This form modifies the policy definition of "Residence premises." It adds a requirement that, except during the time indicated on the endorsement schedule, the named insured must have been an active resident of the mobilehome.