What actually needs insuring on a manufactured housing park with no park-owned homes
A question worth answering plainly for anyone underwriting a park where all homes are tenant owned. Take a 34-lot park with no park-owned homes: there is no building to insure in the traditional sense. What typically needs coverage is the infrastructure the operator actually owns, roads, a well house, a shared laundry facility, water and sewer lines in the ground, and trees or other landscaping that could create liability. General liability limits on the operator's own exposure are the core of the policy, since there is no structure risk on homes the operator does not own. On whether residents need to carry their own coverage, most lot lease agreements can require tenant-owned homeowners to carry insurance on their own structure and liability, and that requirement is generally enforceable through the lease as a condition of tenancy, though the specifics of what can be required and how it gets enforced vary by state and by the lease terms themselves. Getting that requirement written clearly into the lease, rather than assumed, is the practical fix for what is otherwise an easy line item to underprice.
