More mobile homes are not being insured
More than half of Florida’s 800,000 mobile homes are no longer covered by homeowners insurance — another sign of the state’s soaring insurance costs.
The number of insured Florida mobile homes dropped from more than 500,000 in 2004 to less than 400,000 last year, according to the state Office of Insurance Regulation.
Insurance costs have soared across Florida, but the situation is worse for mobile home owners, who often find the cost of insurance is out of scale with the value of their home.
Insurers are exceptionally wary of older mobile homes that lack some of the wind protection required after 1992’s Hurricane Andrew, which scattered mobile home debris up to three miles.