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Updated about 3 years ago,
Estimating Insurance Costs
Hi everyone, I’m underwriting a park in Boise, Idaho, and I’m looking for some help determining what insurance will be. The park has 100 lots, 40ish of which have park owned homes on them. The park owned homes are single wides and range from 1970’s to 1990’s manufacture. The only common space is a small playground, there’s no pool or clubhouse on the property. Currently there’s management onsite but that could change in the event of the park changing hands
What’s the best way to go about determining what the ballpark insurance costs will be? What are you all paying for comparable situations? TIA.