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Updated over 1 year ago, 04/17/2023
Seeking advice on how to think about weather risk in MHPs
How would you think about the risks of buying a park in a tornado prone area? What about a 100 year or 500 year flood zone near a river?
What does the worst case scenario look like for the park owner and how do you quantify this to get comfortable underwriting a deal? What types of insurance are available for this and do you recommend purchasing them? Thanks.