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Insurance for a rent to own manufactured home?

We will possibly be renting/buying a manufactured home. We have to put 2k down and then we have a balance that we will pay every month for 5 years to the owners of the manufactured home community. After the 5 years we will own it. We will also pay $179 a month for lot rental. So, would we need homeowners insurance or renters insurance? Or is there another kind that is specific to manufactured homes. We currently have our house (regular stick built) insured with State Farm.

Public Comments

1. renters insurance. The owner of the property will cover the homeowners insurance.
2. Who has the title while the rent to own is going on? If it is the owner of the community, they will probably have to insure it. These argreements are pretty flexible; ask them what is usual and customary.
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