Tornados and MHPs - any advice?

[Gulliver R.]

Hi All,

Natural disasters are unpredictable and because of that we have to always be prepared for them. As a MHP owner what is the best kind of insurance protection and arrangement of that insurance to help me rebuild after a tornado destroys the mobile homes and the infrastructure of my MHP? I currently have insurance for the infrastructure and POHs but I'm not sure if its adequate. Then there's a huge concern about the tenant owned homes (TOHs) : the tenant homeowners don't usually want to pay extra for wind insurance or any insurance for that matter. I've heard of MHP owners requiring tenants to show proof of wind insurance, but then what if they don't continue to pay for the wind insurance? My biggest fear is that a tornado destroys all the homes and my insurance won't be able to cover all of the damages, and if it can there is a huge shortage of new mobile homes and infilling the park will take very long. I have Loss of Income coverage, but if the length of time it takes to infill the park is 2 or 3 years (or more), then that Loss of Income coverage won't help past 1 year. 

Any advice or tips would be super helpful. 

Thank you, 

Gulliver