Quote:
Originally Posted by Aces4
But they are also less expensive to replace/repair. I’d live in a manufactured home or doublewide in a heartbeat… if it came with a quality storm shelter.
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It's actually more expensive. Manufactured home insurance does not include the property that the home is on, at all. It covers the structure. My structure was put together on this property in 1985, it was a new model at the time. This model (which would need to be registered with the DMV if I was renting the property it's on) is now almost 40 years old.
So if the entire structure was irreparable and needed to be replaced, I'd get a whopping $28,000 for the replacement cost. That would basically cover the cost to have a new structure delivered, and I'd still have to pay around $140,000 to purchase the new structure.