Thursday, May 24, 2018

Modular Home Insurance

At the end of April, while in a different country, Nathan applied for homeowners insurance for the home in FL.  Our usual insurance company sent us to a third party company for insurance.  We had to submit the deed to the house and try to determine the original manufacturer.  I was able to pull the deed online but the original manufacturer of the mobile home no longer existed.  I emailed the information requested and assumed that everything was okay and insurance was set up.

My grandmother-in-law contacted me after she moved out to discuss her paperwork.  She inquired about stopping the insurance on the home.  I called our insurance company to verify that insurance was set up and would be effective June 1st.  What I thought would be a short simple call turned into a two and a half hour process.  I was transferred to 4 different companies and that doesn't include some back and forth between those companies.  The very short answer to the problem with insurance is this; we purchased a modular home in FL that is over 30 years old and doesn't fall into the HUD rules.

You are wondering what does one do if they own a modular home in FL that is over 30 years old?  You register with Florida Market Assistance Plan and hope to hear from someone within 7 business days.  I heard from a representative that evening but haven't heard anything once I provided the requested information.  I am keeping my fingers crossed.

The good news is that we have tenants who signed a one year lease this week :)  Thank you!

Do you have any tips or tricks you would be willing to share on modular home insurance in FL?

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