.As an investor you need to be aware…
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Obtaining insurance for mobile or manufactured housing can be difficult, especially if the home was built prior to 1978, it is tenant-occupied, located in a park, or if it is in a ‘high-risk’ area for wind and tornadoes.
At Insurance For Investors, we understand that there is a great deal of profit to be made in owning mobile and manufactured homes and parks and we know how to insure them. Since policies for these types of properties are different than the policies normally used for standard site-built dwellings, you have many choices with regards to exactly how much coverage you may need (or want), whether or not you need flood insurance included, various liability limits, and more. Also, many of these policies provide only Actual Cash Value (ACV) settlement for your losses, but we can provide Replacement Cost coverage, if desired, along with much more.
As a general rule, insurance for manufactured housing can be a little more expensive when compared to the actual coverages offered. This is due to the higher-risk of loss with manufactured housing due to fire, depreciation, wind and hail damage, tenant damage, and other factors, but we can always find the right coverage to fit your needs and your budget.
In the manufactured home investing market, we understand that cash-flow is the name of the game and you don’t want to be ‘over-insured’ but you still want adequate protection for your investment.
Insurance For Investors can provide coverage for:
Call us today at (512) 501-4010 or (800) 299-8994 to speak with us about your mobile home or manufactured-housing insurance needs and see how we can tailor the right coverage to fit your situation.