Manufactured Home Insurance
All finance companies require homes to be insured. By law, your finance company must escrow your manufactured home insurance and taxes in with the home loan. At the loan closing, your first year’s manufactured home insurance payment will be due. After this, your insurance will be escrowed. This means that the finance company will collect the money from you monthly and save it in a trust. At the time of renewal, they will pay the insurance for you. Here at Magnolia Estates, we offer homeowner’s insurance. We are a licensed insurance agency. We represent several insurance companies that specialize in manufactured housing insurance. Your sales representative and our insurance agent will guide you through this process should you choose to purchase your insurance from us.
If you have any questions regarding insurance, please call or send us a message using the Contact form on our Contact page.