How much will a mobile homeowner's policy pay to relocate a home to prevent loss from peril?

A mobile homeowner's policy is designed to cover various types of risks associated with mobile home ownership, including the need to relocate a home to mitigate potential losses from a peril. In this context, the correct amount for relocation expenses that the policy will cover is typically set at $500. This coverage reflects the insurer's commitment to providing sufficient support to policyholders in emergency situations where moving the mobile home is necessary to avoid greater damages.

The other amounts listed would not align with the standard coverage provided in mobile homeowner's policies, as the relocation benefit is specifically designated to help cover reasonable costs associated with moving the mobile home to a safer location during a perilous situation. This limit on coverage ensures that homeowners can act decisively to protect their property without facing overwhelming financial burdens associated with the move.