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Homeowners Insurance

Homeowners Insurance

AM Best and Demotech are two companies that provide consumers ratings for insurance carriers in coastal states, such as California and Florida. AM Best has been around for over 100 years, and Demotech entered the market in 1985. They’re both officially recognized by Fannie Mae and Freddie Mac. They’re also both well respected within the insurance industry and have provided valuable guidance for thousands of insurance consumers. 

There are many insurance companies that insure manufactured homes. From State Farm to Geico to USAA, most of the major insurance companies have an option for manufactured homes. With Covertree, however, you will work with a company that was created from the ground up to service manufactured homeowners. We only work with buyers like you, so you can be sure you will get the best service and insurance available.

Yes, there are several different types of insurance available for homeowners – eight, in fact. The different types are classified as HO-1 through HO-8. Each is designed for a different type of home, with HO-7 being the type of insurance for modular and manufactured homeowners. 

CoverTree Inc. (CoverTree) is a Program Administrator for CoverTree’s Manufactured Home Program, underwritten by Markel American Insurance Company (Markel), located at 4521 Highwoods Parkway, Glen Allen, VA 23060. CoverTree is acting as the agent of Markel in selling insurance policies. CoverTree receives compensation based on the premiums for the insurance policies sold. Further information is available upon request. Subject to underwriting guidelines, review, and approval. Use of Covertree is subject to our Terms of Use, Privacy Policy, and Licenses.

CoverTree operates in the state of California (CA) as MHTree Insurance Services with CA license# 6009070.

Products and discounts not available to all persons in all states. All decisions regarding any insurance products, including approval for coverage, premium, commissions and fees, will be made solely by the insurer underwriting the insurance under the insurer’s then-current criteria. All insurance products are governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. Please see a copy of your policy for the full terms, conditions and exclusions. Any information on the Site does not in any way alter, supplement, or amend the terms, conditions, limitations, or exclusions of the applicable insurance policy and is intended only as a brief summary of such insurance products. Policy obligations are the sole responsibility of the issuing insurance carrier.

Rating as of March 1, 2022. AM Best ratings are under continuous review and subject to change. Please refer to Markel’s website for the most current information. The rating represents the overall financial status of Markel American Insurance Company, and is not a recommendation of the specific policy provisions, rates or practices of the issuing insurance company.

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