What is a common recommendation regarding home insurance for manufactured homes?

A common recommendation regarding home insurance for manufactured homes is that it is strongly advised even though not mandatory. This advice stems from the unique nature of manufactured homes, which often have different risk factors compared to traditional site-built homes. Insurance provides financial protection against various risks, including damage from accidents, theft, fire, or other hazards, which are critical for safeguarding the investment in a manufactured home.

While it may not be legally required in all circumstances, such as for homes that are paid for outright, insurance is highly recommended to protect the homeowner's investment and financial security. Many lenders will require insurance if the home is financed, but even if it's not required, having coverage can be vital for recovery in the event of a loss. The advice to obtain insurance reflects a best practice for protecting against unforeseen incidents, rather than simply fulfilling a regulatory requirement.