If you have done any research at all you may be wondering, who offers manufactured home insurance? There are basically 6 companies that offer manufactured home insurance, but only 5 that understand the ins and outs of manufactured homes and offer specialty coverage for Manufactured home. Unfortunately many customer are left wondering who these companies are as they don’t spend millions on Super Bowl ads.
Here’s the breakdown:
They are a part of the family of companies. They have been in the business for a long time, knowing both the outs and ins. Foremost is based out of Michigan. In fact, they need to file a claim to be the first to have a manufactured home insurance policy. These guys, Foremost, have been providing manufactured home insurance for a long time.
They are a significant component of a multinational corporation, as Munich Re stated. They effectively tackle significant coverage concerns for homeowners and have outstanding rates in most states. They are headquartered in Cincinnati, Ohio, and maintain exceptional rates in most states. These individuals have been a cornerstone of Modern American Group Insurance for a considerable period of time. They are as essential as butter and bread.
Aegis – Aegis is a relatively new competitor in Pennsylvania with a specialty policy. They have recently made some changes to their policies in order to make their products more competitive. Additionally, they have a strong financial standing.
Reliable American, a member of the bigger company Global Indemnity, has been in operation since 1952. They are located in Scottsdale, Arizona and specialize in manufactured homes and specialty dwellings such as rental properties. They have some exceptionally distinct offerings in their manufactured home policies. Furthermore, in addition to the standard specialty items, they provide coverage options like service line and other features that resemble those typically found in a standard homeowner’s policy.
Assurant is a prominent publicly-traded corporation. If you lack coverage, you can certainly choose from other companies that offer specific coverage designed for manufactured homeowners. In several states, Assurant is recognized as the company that provides home insurance for manufactured homes, alongside GEICO and Progressive.
In most cases, purchasing coverage from one of the specialty carriers will be better for you, as they may offer better coverage options. However, in some cases, there may be limitations on coverage limits. In other cases, specific types of foundations may be required, or rooms with sun or additions may not be allowed. In order to qualify for coverage, your new home may need to meet certain requirements. For example, there are often limitations on manufactured homes, and there are other companies like Safeco, Metlife, Allstate, Farmers, Farm, and State that offer coverage in certain states. Additionally, there may be other specialty carriers that offer coverage for manufactured homes.
The good news
Now! You can actually get coverage from Start LLC Group Insurance Gila online. There is no need to run all over the place to get quotes. In rare cases, we can help you get coverage through another standard homeowner’s insurance or Safeco. We work with reliable companies such as Aegis, Modern, American, and Foremost. For example, Group Insurance Gila represents 5 out of the 6 available markets for manufactured homes. In fact, we act as a broker.
November 8th, 2018/.