Which feature policy requires a minimum coverage of 100% of the actual market value?

The feature policy that mandates a minimum coverage of 100% of the actual market value is the Silver feature policy. This requirement ensures that the value of the manufactured home is fully covered in case of loss or damage, thereby providing homeowners with the necessary financial protection to replace or repair their home to its market value.

In contrast, other feature policies may not stipulate such a high level of coverage, potentially allowing for less than full market value protection, which could leave homeowners at risk of financial loss that exceeds their insurance coverage. The Silver feature policy stands out by emphasizing the importance of having comprehensive coverage that reflects the true value of the asset, ensuring that homeowners can adequately defend their investment.