Owners of manufactured homes are faced with many important decisions about insuring their home. You would obtain homeowners insurance on a manufactured home just as you would for any traditional site-built home. If you are not currently familiar with your manufactured home's liability insurance, now is the time to review your policy. Here are three major reasons why you should be carrying liability insurance on your property.
Manufactured Housing News
Over the last few years, prefab homes have attracted great attention, and for good reason. Specific advantages, such as simplicity of construction, high-quality materials, technological advances, design improvements, and new customization options, are just some of the reasons why manufactured homes have become the preferred choice of increasing numbers of homebuyers.
If you’re considering buying a home, you may ask yourself whether you should go for a conventional stick-built home or a manufactured home. While there are a series of pros and cons to each category, one thing is for sure: a manufactured home can cost up to 35% less per square foot than a traditional site-built home. Here are the top reasons for the lower sales price of manufactured homes.