Manufactured Home Insurance?

[OrangeBlossomBaby]

We just put a deposit down on a lovely manufactured home in the Orange Blossom area of TV. Closing is fairly soon. We purchased it with a terrific Villages agent, and the seller used an equally terrific Villages agent.

After I put the deposit down I went walking around Spanish Springs, went into some stores to do stuff, got into conversations (I was excited!), and someone mentioned that there is only one insurance company that offers homeowners insurance on manufactured homes. He didn't mention which one that was, and he doesn't own in that part of TV so I don't know where he would have gotten this info from.

So now I'm asking people who currently actually live in a manufactured home in The Villages - is that true? There's only one? If so, which one is it, so I can get in touch with them in the next few weeks? If not, which others are there? Or if there's already a thread about it would someone kindly link me?

Thanks!

[villagetinker]

If you go to the Villages Insurance (they have several locations in TV) and ask them, they will be able to help. You can probably call also.

[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

[OrangeBlossomBaby]

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

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.

[tophcfa]

Not an expert on this but we did look into it when considering a Manufactured home. It depends on the year built as the building code changed while the historic district was being built. The homes built during the first few years are very hard to insure as the hurricane code in place during construction is now outdated. Insurability is also subject to the quality of the hurricane tie-down strap system attached to the home. We were told that many residents with older homes, with outdated tie- down systems, opt to only carry renters insurance, which insures the contents of the home, but not the home itself. The thinking is that the value of the property is mostly in the land, not the home. And since homeowners is so expensive relative to the replacement value of the manufactured home, it makes sense to only carry renters insurance. Again, I am not an expert on this, that's just what we learned when considering buying a manufactured home.

[queasy27]

Foremost (https://www.foremost.com/products/mobile-home/) is one of the top companies, but I second the recommendation to check with local agents.

Here's an article (https://mobilehomeliving.org/finding-homeowners-insurance-for-manufactured-homes/) with some tips.

Rates for manufactured homes have been going up in the last several years.

[billethkid]

Of course having choices and the ability to shop around is important but when all gets said and done all that is needed is one provider.

Did you ask any of the neighbors....possible best source of information on the subject.

Good luck.

[kansasr]

We got ours through Robert Blakeley Insurance, 352-383-4800....they seemed to know what they were talking about!

[OrangeBlossomBaby]

Of course having choices and the ability to shop around is important but when all gets said and done all that is needed is one provider.

Did you ask any of the neighbors....possible best source of information on the subject.

Good luck.

We won't be living there for a few more months. We're coming down for the closing and to start setting up a couple of essentials. But I've only met one neighbor and that was during the initial walk-through of the house and it was on our way back to the agent's office.

Meanwhile, thanks to everyone who answered the question!

[njbchbum]

Maybe the folks you purchased from could tell you what company they used.

[Daisy]

We use Cabrillo Coastal General Insurance/Safe Harbour Ins Co, through The Villages Insurance, 352-751-6622.

[justjim]

We won't be living there for a few more months. We're coming down for the closing and to start setting up a couple of essentials. But I've only met one neighbor and that was during the initial walk-through of the house and it was on our way back to the agent's office.

Meanwhile, thanks to everyone who answered the question!

We bought one about seven years ago. It needed work so we told the insurance company it was empty and would be for a couple months. We had to insure it through “Lloyd’s of London” because nobody was living in it. Very Expensive for 3 months of insurance. Now, I know there were several rentals where nobody was living there. My guess is they just didn’t tell... However, perhaps if something did happen - - would they be insured? Your guess is good as mine.

[cndlou3]

Before buying in TV we had a Mobile Home in Leesburg, we had our insurance through West-Gate Jones Insurance Co. Now that we own in TV we still use them and have nothing but good things to say about them! Wonderful people and they went above and beyond to help us when we had a claim on the MH. Would highly recommend them. 352-787-7548.

[OrangeBlossomBaby]

We ended up having the Villages Insurance get quotes for us, since we really didn't have much time to shop around. We got coverage for a year on our home and the used golf cart we purchased, for under $1000 combined. For this first year, I think it was more important to get insurance right away, than it was to worry about the best deal on it. Next year we'll have been living there for awhile, and will be in a much better position to price-shop for the most coverage we can get for our money (whatever that happens to be a the time).

[GatorFan]

Clifford Insurance who is local can help you out. Been in business over 40 years

Clifford Insurance Center | Summerfield Auto, Home, Business, Life (http://www.cliffordinsurance.net/)

[Nucky]

I have our Insurance thru The Villages Ins. I am very pleased with them. The first year we bought from Foremost for around (Sit Down) $1400 but the Hurricane, Catastrophic & Sink Hole Coverage has a $500 deductible and if the entire area was wiped out GOD FORBID they would pay to clear my property of any other home or debris that may land on it. I think the value of the home was around 80K, Personal Property was about 35k.

The second year was Modern USA which changed their name to something similar to that name and the deductible was $2300 for Hurricane and the coverage was 60K and I don't remember if it covers Sink Hole or Catastrophic but I imagine it must have or I wouldn't have gone for it. The price was about $700.

Third-year back to Foremost for the maximum coverage that they allowed because when Irma was bearing down on us and Tuccillo was giving his valuable forecast I slept like a big, big baby at a friend's Mom's house in Georgia.

You who shared before me gave some excellent information. I'm on it like white on rice! Thank's a Million!!

[ohiosbestus]

We purchased a home in Orange Blossom district, but it is actually in Country Club Hills Village, we are paying over 2400 a year for insurance. It is a total rip off because there is only 1 company selling insurance for double wide homes in the state of Florida. They have no competition so they can charge what ever they want. By the way, we bought a home on Marigold Drive. We absolutely love it here except for the high insurance costs and the championship golf courses are over priced.

[OrangeBlossomBaby]

We purchased a home in Orange Blossom district, but it is actually in Country Club Hills Village, we are paying over 2400 a year for insurance. It is a total rip off because there is only 1 company selling insurance for double wide homes in the state of Florida. They have no competition so they can charge what ever they want. By the way, we bought a home on Marigold Drive. We absolutely love it here except for the high insurance costs and the championship golf courses are over priced.

You were given bad information then. When I went to the Villages Insurance (which is a broker, not the actual insurance company), I was presented with the three top options. Three different insurance companies, each offering insurance for our manufactured home in the Orange Blossom CC area. We paid under $1500 for the option we selected. There's not a "lot" of competition, but there is enough to keep the costs to a reasonable number.