Quote:
Originally Posted by retiredguy123
There are not many insurance companies that will insure a manufactured house. And, those that do may not insure it for the full value. In some cases, the premium is so high and the insured amount is so low, that it may make more sense to self insure.
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This.
I found that when I was considering purchasing an investment property in the historic district that insuring can be difficult. Many codes have been changed since those were "built" (placed there) and after a lot of research, I decided it just wasn't in my best interest. Even if they insure you to start with, there will be multiple reasons that they can decide to stop insuring you.