Consumer Reports breaks down the cost differences of insurance for manufactured and tiny homes and reveals ways to get a lower premium.
No doubt manufactured and tiny homes are significantly cheaper than traditional homes, but there’s often a surprise after the purchase. Insurance can cost twice as much. What gives? Consumer Reports breaks down the cost differences and reveals ways to get a lower premium.
But there could be more to it: Some consumer groups say insurance companies may be more likely to take advantage of “financially vulnerable” people — charging them more money for fewer benefits. There also might be outdated discrimination from the days when mobile home parks were mostly located in poor and crime-ridden ZIP codes.
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