Agricultural News
Union Mutual Insurance Company Now Offering Mobile Home Replacement Policy
Wed, 20 Jul 2022 13:08:39 CDT
Senior Farm and Ranch Broadcaster, Ron Hays, had the chance to visit with the Senior Vice President of Operations and Brokerage at Union Mutual Insurance Company, Curtis Liles, about a new mobile home replacement policy now offered to Oklahomans through Union Mutual.
A company rooted in the state of Oklahoma, Liles said, Union Mutual started in 1938 traditionally writing cash value policies for homeowners, farm owners, dwellings, fires, and more.
“Just recently, we developed a new product we call our Town and Country Policy,” Liles said. “It is a full replacement cost policy on the roof, the dwelling, other structures, the contents, and it is for your preferred better-quality risk.”
Recently as of July 1st, Liles said Union Mutual is now offering policies for mobile homes.
“We can write replacements costs on a mobile home that is in really good condition either on your farm or maybe a seasonal property at the lake,” Liles said. “We can write mobile homes anywhere from $40,000 to $260,000. We can write a site-built home for anywhere from $100,000 to 650,000. It is a preferred business full replacement cost, and so we can write any farm exposure or homemaker exposure in the state of Oklahoma.”
Union Mutual has around 350 agents across the state of Oklahoma, Liles said, and they have around 75 Town and Country agents across Oklahoma, which write the preferred product policies. For help finding your nearest Town and Country agent, Liles said you can call the home office at 405-286-7703.
“We will direct you to the closest Town and Country agent through your area,” Liles said.
Because Union Mutual traditionally only offered cash value policies, Liles said they developed Town and Country in order to compete with other companies in Oklahoma and offer flexibility to Oklahomans living in rural areas of the state. Town and Country offers a preferred replacement type policy that gives consumers broader coverages and replacement-type coverages for consumers.
Because the majority of Union Mutual’s executives were raised in rural Oklahoma and are still in production agriculture, they can provide a unique service to customers living in rural Oklahoma.
To visit the Union Mutual Insurance website and learn more about the policies offered, click here.
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