Choosing a location for your manufactured home is a decision that can influence important lifestyle factors such as which school your children will attend or how far you commute to your job. Unfortunately, manufactured homeowners often neglect to consider how a specific location can significantly impact the terms of their homeowner’s insurance. While this may not be of much concern to traditional property owners, manufactured homes are closely tied with a unique range of concerns that have a direct relationship with insurance limitations and coverage options. As a result, consumers who are interested in purchasing home insurance for manufactured homes may benefit immensely from speaking with a licensed agent before settling on any one location.
If you are looking to buy a manufactured home, you are probably aware of the risks associated with common building materials and transportation as compared to a site-built home. However, the location you select for the placement of your home can bring to light some unexpected concerns. Talk to local insurance agents about the risks associated with different communities, including zoning laws and natural disasters such as wildfires or earthquakes. Since conditions vary widely depending on the region, home insurance for manufactured homes should be specifically tailored to the placement of the home.
Insurance providers currently offer many ways for manufactured homeowners to protect their assets. Take advantage of local resources and find out which coverage options are right for you and your neighborhood.