When a home buyer takes out a chattel loan or a conventional mortgage to purchase a manufactured home, the lender can require the borrower to maintain adequate homeowners insurance over the life of the loan.
Manufactured Housing News
What You Need To Know About Lender Placed Manufactured Homeowners Insurance
Friday, 16 February 2018
What Is Homeowners Insurance
Monday, 5 February 2018
A standard homeowners insurance policy is a form of insurance that provides protection against potential financial losses resulting from damage to the home itself, other structures on the property (e.g. garages, decks, sheds, etc.), and personal possessions. Homeowners insurance also covers additional living expenses and provides liability coverage against bodily injuries or damage to other people’s property caused by the policyholder or family members.
5 Costly Manufactured Homeowners Insurance Mistakes to Avoid
Monday, 27 November 2017
Tags: Home Owner Information, Insurance Information, Home Owner Tips
When looking for manufactured home insurance, most homeowners have one goal in mind: to find a policy that provides the best protection in case of a disaster. To help you get adequate coverage and avoid a few common pitfalls, we’ve gathered below the top five manufactured home insurance mistakes along with our suggestions to avert them.
