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Protect Your Manufactured Home in Troy, MI.

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The data in the Covertree Resources section is from publicly available sources last updated in December 2022. We provide source links for verification. However, we can't guarantee accuracy. Rely on this data at your own discretion. For specific advice, consult professionals.

A Guide to Mobile Home Insurance in Troy, MI: Costs, Coverage, and Considerations

Welcome to Troy, Michigan - a city that boasts a perfect balance of urban sophistication and natural beauty. Troy has a lot to offer, from its high-end shopping destinations to its world-renowned dining scene and everything in between.

As you step into Troy, you're greeted by its modern and vibrant cityscape, with gleaming skyscrapers that reflect the bright Michigan sun and bustling streets dotted with attractive storefronts and boutiques. The city is also home to a plethora of exceptional businesses such as Magna International, The Kresge Foundation, and Flagstar Bank, making it a hub for innovation and creativity.

Troy is known for its thriving business community, but it's also a city that offers boundless opportunities for outdoor exploration. Wildlife abounds in the natural oasis of the Stage Nature Center where visitors can enjoy hiking and birdwatching amidst a vast array of plant species, while the nearby Cranbrook Educational Community and Museum serves as a cultural and educational gateway for visitors.

But perhaps what truly sets Troy apart from other urban areas is its celebrated culinary scene. As one of Michigan's leading dining destinations, Troy serves up everything from classic American eats to contemporary fusion cuisine, showcasing flavors and recipes from around the world. And what better way to taste the city's delicacies than by visiting its top-rated restaurants such as Ocean Prime, Giordano's Pizza, and The Melting Pot.

Shopping enthusiasts will also find plenty of reasons to love Troy. The city offers a myriad of shopping options, including Troy's expansive shopping center, the popular Somerset Collection. The mall is home to over 180 stores and is a top destination for high-end designer fashion and luxury items.

But what truly makes Troy special is the way it embraces every member of its diverse and inclusive community. With its many cultural events, festivities, and family-friendly attractions, Troy creates a sense of community and belonging that is palpable. From the Troy Family Daze festival to weekly free concerts in the park, there's always something happening in Troy that will bring its residents and visitors closer together.

Troy is a city that inspires, motivates, and delights, and it's no wonder that it is known throughout the region as an ideal place to work, live and play. Whether you're seeking a luxurious lifestyle, a strong community, or just a peaceful escape, Troy has everything you need to make your stay comfortable, memorable, and inspirational. Come and experience all that Troy has to offer, and discover what makes it one of the best places to call home in Michigan and beyond.

Understanding Mobile Home Insurance in Michigan.

The average cost of mobile home insurance is typically between $700 and $1,500 per year according to the American Modern Insurance Group and according to another manufactured home insurer estimates the average cost to be around $1,025 per year. Insurance carriers consider several factors when determining the premium, resulting in varying rates.

The location of your mobile home, particularly the zip code in Michigan, is a significant factor.

Other factors taken into account by insurance carriers include:

  • The size and year of your mobile home
  • Upgrades made to your mobile home
  • The value of your personal property
  • Property crime rates in the area
  • Your chosen mobile home community or park
  • Weather events specific to the region
  • Whether or not you smoke

The age and value of your mobile home, deductible options, coverage limits, and potential endorsements, can also influence insurance costs in Michigan. You can minimize coverage costs by:

  • Installing extra security measures to reduce the risk of burglary
  • Making home improvements, such as adding insulation to prevent pipes from freezing

You can also combine your Michigan mobile home insurance with other coverage, such as car insurance, business insurance, and umbrella policies, to save you as much money as possible.

Choosing the Right Mobile Home Insurance for Troy, MI.

When shopping for mobile home insurance in Troy, MI, it's important to consider several factors. Here are the key points to keep in mind:

Weather Risks:

AccuWeather forecasts indicate that Troy is at risk for severe thunderstorms, which bring with them potential dangers such as damaging winds and large hail. These severe weather conditions are not just a one-day risk; the forecast suggests that the threat persists into Friday, highlighting a prolonged period of heightened weather activity.

Implications for Mobile Home and RV Insurance in Troy:

  • Severe thunderstorms can produce intense wind gusts that might pose structural threats to mobile homes and RVs. Insurance providers may factor in this risk when determining premiums.
  • Large hail, especially of the magnitude of golf ball-sized, can inflict significant damage to the exteriors of mobile homes and RVs, affecting roofs, windows, and sidings. This necessitates comprehensive hail damage coverage.
  • Prolonged periods of severe weather can lead to wear and tear or cumulative damage. Mobile home and RV owners might need to check if their policy covers consecutive damages or if there’s a deductible for each incident.

The warning for Troy includes the possibility of tornadoes, making it a primary concern. Tornadoes, given their nature, can wreak havoc in a short time, especially on structures like mobile homes and RVs.

Implications for Mobile Home and RV Insurance in Troy:

  • Tornadoes can lift or completely destroy mobile homes and RVs. As such, insurance policies in tornado-prone areas may come with specific stipulations or higher premiums.
  • It’s essential for mobile home and RV owners in Troy to consider anchoring systems to enhance safety during tornado events.
  • Insurance providers might offer or recommend tornado-specific policies or endorsements to standard policies for added protection.

AccuWeather’s warning emphasizes the potential for flash flooding in the Northeast, which includes Troy. Flash floods can develop rapidly, leaving little time for preparations and posing immediate threats to properties.

Implications for Mobile Home and RV Insurance in Troy:

  • Mobile homes and RVs, being relatively lightweight, are susceptible to being displaced during flash floods. Insurance should cover potential water damage or displacement.
  • Flood insurance is typically separate from standard policies. Given the flash flood warning, owners may want to consider adding this to their coverage.
  • Insurance providers might have guidelines or requirements for positioning mobile homes or RVs in areas prone to flash flooding. Abiding by these can ensure validity in claims related to flood damage.

Troy residents with mobile homes or RVs need to be acutely aware of the severe weather risks in the forecast. To protect their assets, they should ensure their insurance coverage is comprehensive, addressing the specific threats highlighted. Regular consultations with insurance providers can help in understanding and optimizing policy coverage against these weather-related risks.

Recommended Troy Neighborhoods:

  • Crescent Ridge / Forest Creek
  • Emerald Lakes / Sandshores Lake Estates
  • Merihill Acres / Somerset North
  • Oak River / Greentrees East
  • Windmill Pointe / Mt Vernon Estates
  • Sylvan Glen / Golf Estates
  • Raintree Village / Big Beaver
  • Glen-Moor Estates / South-Bridge
  • Olde Forge / Poultry Farms
  • Long Lake Village / Rochester Road Farms

Property Crime Rates in Troy, MI.

The city of Troy, Michigan, exhibits certain crime patterns that are insightful when juxtaposed with national averages, other Michigan locales, and municipalities of similar scale. Let's dive into a detailed breakdown of the crime landscape in Troy:

  • Troy registers a crime rate of 11 incidents per 1,000 inhabitants. This figure situates Troy around the average mark when matched up against cities and towns across the U.S., irrespective of their size.
  • For residents of Troy, the odds of encountering a crime stand at 1 in 88.
  • When the lens is zoomed out to encompass the entirety of Michigan, Troy’s crime metrics are more favorable. Specifically, Troy’s crime rate is lower than that seen in roughly 37% of communities across the state.
  • Upon comparing Troy to other U.S. cities with a similar population size, a promising pattern emerges. Troy’s crime rate is noticeably beneath the average for such communities. This suggests that, on a scale with like-sized cities nationwide, Troy is on the safer side.

Violent Crime Insights:

  • Violent Crime Rate: The violent crime rate in Troy is pegged at 1 per 1,000 residents. This figure parallels the national average across cities of every size. The range of violent crimes encapsulated in this metric includes armed robbery, aggravated assault, non-statutory rape, as well as murder and non-negligent manslaughter. Given this rate, the likelihood of a Troy resident becoming a victim of violent crime is 1 in 827, aligning closely with national tendencies.

Property Crime Insights:

  • Property Crime Rate: Delving into property crimes in Troy – which span offenses like burglary, larceny (amounting to $50 or more), auto theft, and arson – the rate stands at 10 per 1,000 inhabitants. This rate mirrors the average observed across American cities and towns, regardless of their population size.

Troy's crime metrics paint a mostly positive picture, especially when population size comes into play. While its overall crime rate resonates with broader national figures, Troy distinguishes itself as one of the safer cities of its size in the U.S. Still, residents and stakeholders should remain vigilant and proactive in community policing efforts to maintain and potentially improve upon these favorable statistics.

Talk to an Insurance Agent:

Want to talk to someone with experience in the field? Reach out to an independent insurance agent who can help you choose the right policy for your needs.

Research Insurance Providers:

Start by researching insurance providers that offer coverage specifically for mobile, manufactured, or pre-fab homes in your choice of town or city. Look for reputable companies with a strong financial standing and positive customer reviews.

Potential Rate Increases:

Inquire about circumstances under which your rates could increase, such as filing a claim or if there are significant weather events in your area, even if you didn't file a claim.

Group Discounts:

Some insurance providers offer discounts if you're a member of certain organizations or groups. Check to see if any affiliations you have might lead to insurance savings.

Manufactured Home-Specific Coverage:

When looking for insurance, ensure that the policy explicitly covers manufactured homes. These homes have unique features and risks that may require specialized coverage different from traditional homeowners insurance.

Location Considerations:

Pay attention to the location of your manufactured home. Factors like proximity to flood zones, bodies of water, or areas prone to natural disasters may necessitate additional coverage like flood insurance or coverage for specific perils common to the area.

Keep in Mind

By considering these factors and tailoring your insurance coverage to your specific needs, you can choose the right mobile home insurance policy in Troy, MI that provides adequate protection for your valuable investment. Since there are so many variables that go into mobile home premiums, we recommend getting a free quote right now, right here!

Did You Know?

Efforts have been made to strengthen regulations for mobile home park residents in Michigan, including proposals for one-year leases and licensing regulations for park owners.

Michigan Mobile Home Resources
Mobile Homes in MI.

Mobile homes account for roughly 7 percent of The Great Lake State’s total housing units! Michigan has a significant number of mobile home communities, with over 900 in the state, making it the third highest in the country after Florida and Texas.

The average price of a pre-owned mobile home in Michigan is around $44,962, with an average model year of 2004. The average size of a mobile home is approximately 1,337 square feet.

Mobile homes, manufactured homes, and pre-fabricated homes are terms that are sometimes used interchangeably, but they can have different meanings. Mobile homes typically refer to factory-built homes built before 1976, while manufactured homes refer to homes built after the implementation of the HUD code. Pre-fabricated homes are generally built off-site in sections or modules and then transported to the location for assembly.

When buying a manufactured home in Michigan, there is a sales tax rate of 6%. However, there is no annual tax rate on manufactured homes, unlike some other states.

Mobile Homes Program

The Mobile Homes program is responsible for initial and renewal licensure for mobile home parks and dealers and determining eligibility of park licensing through the annual inspection process. The program is also responsible for park and dealer complaints; park, dealer and installer & repair licenses; and park construction and permitting.​

The Manufactured Housing Commission

The Mobile Homes program is responsible for initial and renewal licensure for mobile home parks and dealers and determining eligibility of park licensing through the annual inspection process. The program is also responsible for park and dealer complaints; park, dealer and installer & repair licenses; and park construction and permitting.

Coastal Property Insurance Pool

Unlike certain coastal states, Michigan doesn’t have a coastal property insurance pool. Therefore, mobile home owners in Michigan need to look for insurance through private providers.

Know Your Rights

Even though it's not a legal requirement in Michigan, mobile home insurance is often a wise investment to safeguard your property.

Read through the following guides to help familiarize yourself with rules and regulations in Michigan:

Michigan Mobile Home Insurance Facts

Michigan law defines an "eligible person" for homeowners insurance as someone who owns or lives in a dwelling, including houses, condominium units, cooperative units, apartments, or multiple unit dwellings of up to four residential units.​
Eligible individuals cannot be denied insurance solely based on the age of their house, its location, or the type of neighborhood they reside in.
Unlike some other insurance coverages, law in Michigan does not mandate homeowners insurance. However, if you are financing your home, your lender will require you to purchase insurance to protect their financial interest.
Michigan law defines an "eligible person" for mobile home insurance as someone who owns or lives in a mobile home. Mobile home insurance policies are similar to conventional homeowners' policies but include specific provisions for mobile homes.
Mobile home insurance in Michigan typically provides coverage for risks specific to the state, such as damage from severe weather events like floods, windstorms, and tornadoes.
Mobile home insurance regulations may vary from state to state and even within different localities in Michigan. Working with a knowledgeable insurance agent can help you understand and comply with the specific requirements in your area.
Mobile home insurance policies are similar to those of conventional homes but come with additional provisions specific to mobile homes. They often include coverage for moving your home to avoid damage from floods, windstorms, and other perils.

Travel trailers, camping trailers, and
motor homes are typically insured under automobile, recreational vehicle, or special
policies.

Learn about the DIFS

The Michigan Department of Insurance and Financial Services (DIFS) plays a crucial role in assisting and protecting consumers in Michigan when it comes to insurance and financial services matters. As a dedicated regulatory body, DIFS provides valuable consumer information and actively investigates complaints filed against insurance providers and financial service entities. Moreover, DIFS offers support to consumers in resolving disputes related to insurance and financial services.

Mobile Home Relocation Fund

In Michigan, there is no specific mention of a Mobile Home Relocation Fund so Michigan does not have a state-sponsored aid package akin to Mobile Home Relocation Funds in other states, which provide financial assistance to mobile home park tenants under certain circumstances such as park closure, redevelopment, rent increases, changes in community age restrictions, or rehabilitation of older homes.

When Do You Need
Mobile Home Insurance?

  • If you owe money on a mortgage for your mobile home, it is likely required to protect your property and the bank's investment.
  • If you don't have enough savings to recover from disasters like fires or tornadoes, mobile home insurance provides financial protection.
  • If you own your mobile home outright but lack liability coverage, insurance can protect you from litigation if someone gets injured on your property.

Additional Relief

If you've faced financial challenges in recent years, the Michigan Homeowners Assistance Fund is here to offer support. Through this program, which utilizes federal funding provided by the American Rescue Plan Act of 2021, over $114 million has been distributed to more than 15,000 homeowners in 2023. The Michigan Homeowners Assistance Fund provides relief by offering up to $25,000 per household to cover various home-related expenses. This includes assistance with delinquent mortgage payments, property taxes, and insurance costs. It's a fantastic opportunity to relieve some of the financial burdens that may have accumulated during these difficult times.

To be eligible for this funding, applicants must have experienced a financial hardship directly linked to COVID-19. Additionally, households with a total income below 150 percent of the Area Median Income (AMI) are also eligible for this program. If you meet these criteria, you can find more details and access the application on the website of the Michigan State Housing Development Authority.

Finding A Manufactured Home or Community in Troy, MI

When looking for a manufactured home dealer or community in Troy, MI, there are several reputable options to consider.

Troy Villa:

Address: Located in Troy, Michigan (Specific address not provided)

Description: Troy Villa is an all-age manufactured home community in Troy, MI. It offers spacious and affordable homes with modern construction and energy-efficient appliances. The community provides various amenities, including landscaped grounds, a picnic area, a playground, and a clubhouse for community activities. It's located near major job markets in Troy and offers convenient access to Metro Detroit via I-75/Chrysler Freeway.

Rudgate Manor (Sterling Heights, MI):

Address: 5150 Rudgate Boulevard, Sterling Heights, MI 48310

Availability: 6 homes for sale, rental homes available, vacant sites available

Description: Rudgate Manor is a well-established manufactured housing community in Sterling Heights, MI, which is in close proximity to Troy. It offers a variety of homes and provides amenities like a playground, clubhouse, swimming pool, and more. The
community is known for its top-rated school district and is currently running a Red Tag Sale with savings on select homes.

Orion Lakes (Orion, MI):

Address: 47 Bluebird Hill, Orion, MI 48359

Availability: 6 homes for sale

Description: Orion Lakes is an all-age manufactured home community located in Orion, MI, near Troy. The community offers various amenities, including basketball and volleyball courts, barbecue and picnic areas, organized activities, a playground, and a fishing pond. It's pet-friendly and features waterfront sites. Orion Lakes is centrally located, offering access to restaurants, shopping, job opportunities, and recreational activities in the area.

Remember to reach out directly to each dealer or manufacturer to inquire about the availability of specific home models, customization options, and prices. It is also recommended to visit their websites or contact them for more detailed information and assistance in finding the right manufactured home for your needs.

Finding the Best Mobile Home Insurance in Troy, MI

When it comes to getting mobile home insurance in Troy, understanding the different coverage options is essential to ensure your precious investment is well protected. Let's take a look at the types of coverage available:

Reasoning: If you park your RV in downtown Troy, this coverage addresses potential damages or theft that might occur while your RV is parked in a busy urban setting.

Reasoning: Troy is known for its tree-lined streets. This coverage offers protection against damages or liability arising from fallen trees or branches on your property.

Reasoning: If you own valuable items like jewelry, art, or collectibles, this endorsement provides additional coverage to protect these assets in case of theft, loss, or damage.

Reasoning: If you have a swimming pool on your property, this coverage offers liability protection for accidents or injuries that might occur in or around your pool area.

Reasoning: Security concerns in RV storage facilities can be important. This coverage addresses potential damages or theft that might occur while your RV is stored.

Reasoning: If you attend or participate in local art and craft shows with your RV, this coverage offers liability protection in case of accidents or injuries that might occur during these events.

  • Additional Replacement Cost Coverage
  • Debris Removal
  • Trees, Shrubs, and Other Plants
  • Fire Department Service Charge
  • Credit Card, Fund Transfer Card Forgery, and Counterfeit Money
  • Ordinance and Law Coverage
  • Personal Property Endorsements
  • Water Backup and Sump Pump Overflow
  • Flood Insurance

Now that you've got the lowdown on mobile home insurance coverage in Troy MI, don't hesitate to get a CoverTree quote now.

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