Quote:
Originally Posted by Fredman
You will be able to get insurance however you will be limited in the amount you can buy depending on the age of the manufactured home. Bet your realtor didn't tell you that
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There are limits to all homeowner insurances for all types of homes. We don't have "replacement" insurance in our current home, which is a freestanding single-family house with a full basement on a half acre of land in a non-HOA community. I wouldn't expect replacement value on any home anywhere.
I don't assume we'd get our full investment back if the dwelling was totaled. Insurance is more of a peace-of-mind thing, and it's a crapshoot. You're betting your home will be damaged. The insurance company is betting it won't.