In whose name must the policy be written?

The policy for manufactured homes must be written in the name of an individual or an individual and spouse to ensure that the rightful owner or owners of the property are recognized. This requirement aligns with the nature of ownership and the way policies are structured to provide coverage. When a policy is issued in the name of an individual or an individual and spouse, it clearly establishes who has the ownership rights, allowing for proper management of claims and responsibilities associated with the insurance.

This specificity is essential because it delineates ownership, ensuring that any legal matters, benefits, or responsibilities tied to the policy are directly associated with the named individuals. This helps avoid complications that might arise if ownership were more ambiguous or if the policy were held in a name that does not reflect personal ownership, such as the name of a corporation or a family trust.

Additionally, policies written in the names of only corporate entities or other types of ownership structures may involve different legal and insurance considerations which can complicate claims processes or accountability.