Understanding how homeowners insurance rates are established in North Carolina is crucial for both...
Insuring a Doublewide in Coastal North Carolina
Insuring a doublewide in Eastern North Carolina, specifically in the designated coastal counties can be challenging. There are very limited insurance carrier options for this type of construction due to the riskiness of being so close to the coast. Over the last few years, we have seen many carriers exit the market and no longer offer coverage in our area. This is unfortuante because it leaves many customers with only one option, the North Carolina Joint Underwriters Association.
The North Carolina Joint Underwriters Association (NCJUA) provides coverage for these risks through a Dwelling Fire policy. This type of insurance covers named perils and can be structured as either actual cash value or replacement cost coverage, based on the specific qualifications of the home.
In coastal NC, you should also consider a Flood Insurance policy when insuring any property.
If you need help finding home insurance for your doublewide in any part of North Carolina, request a quote today.
