While owning your home outright can offer peace of mind, it’s important to remember that insurance remains a vital layer of protection, regardless of whether you have a mortgage. Too often, homeowners opt out of coverage once their home is paid off - unaware of the serious financial risk this decision can carry.

In recent years, we’ve unfortunately seen the severe consequences when homes are lost to fire or other disasters and no insurance is in place. In these cases, residents were left without the means to repair or replace their home, an outcome that was not only devastating but entirely preventable.

We encourage all residents to review their insurance status and take steps to ensure they are properly protected.

Why It Matters

Manufactured homes, mobile homes, and trailers may be more susceptible to damage from fire, storms, and other unexpected events. Without insurance, the financial burden of rebuilding or relocating falls entirely on the homeowner.

A suitable policy not only protects your physical home, but can also provide coverage for personal belongings, liability, and temporary living expenses should your home become uninhabitable.

What Type of Insurance Should You Look For?

We recommend securing a policy that includes full replacement cost coverage. This ensures that in the event of a total loss, your policy will help cover the cost to replace your home, not just its depreciated value.

 Ask your insurance provider:
Does my policy include full replacement cost for the home?
Are personal property and liability also covered?
Does the policy provide temporary housing assistance?

In addition to protecting your home and belongings, liability coverage is a critical part of your insurance policy. It helps cover incidents that could occur on your space—such as injuries, property damage, or accidents involving guests or service providers. Some co-ops even specify a minimum required liability amount. Please note: your lease requires you to carry insurance, so maintaining active coverage is not only smart—it's also a condition of residency.

Insurance Providers That Cover Manufactured & Mobile Homes

We are not affiliated with any insurance providers, but here are some companies known to offer insurance tailored to manufactured homes, older models, and mobile homes:

• Foremost Insurance
  https://www.foremost.com
  A long-standing provider specializing in mobile and manufactured home coverage.
  

• 21st Century Insurance
  https://www.21st.com
  Offers flexible policy options, including coverage for manufactured homes.
  

• GEICO
  https://www.geico.com
  Offers mobile home insurance through trusted partners.
  

• American Modern Insurance Group
  https://www.amig.com
  Well-known for coverage of older homes, trailers, and manufactured housing.
  

Final Thoughts

Insurance is more than a formality. It’s a safety net that protects your investment, your belongings, and your future. Whether you’re reviewing your existing policy or shopping for a new one, taking the time to ensure you’re fully covered is one of the most important steps you can take as a homeowner.