Navigating Renter’s Insurance for Owner-Occupied Mobile Homes

Hello everyone,

I recently made the transition from tenant to homeowner by purchasing an older mobile home that I had previously rented for several years. During my time as a renter, I maintained a renter’s insurance policy that offered me peace of mind. However, upon purchasing the mobile home, my attempts to switch to a homeowners insurance policy have been quite frustrating. The coverage options I’ve explored either classify my home as uninsurable or come with annual premiums that far exceed the actual value of the trailer.

This leads me to my current dilemma: can I continue to legally and ethically hold onto my renter’s insurance policy? I am fully aware that the mobile home itself may not be covered, but my primary concern is ensuring that my personal belongings are protected. I’ve reviewed my existing renter’s insurance policy, but I couldn’t find any specific information that clarifies my situation.

Here are a few additional details to consider:
– I reside in South Carolina, USA.
– My renter’s insurance is through State Farm.
– There are no mortgages or liens on the property.

Ultimately, I am seeking clarification on whether retaining my renter’s policy is feasible, and if it is not, I would greatly appreciate any guidance on alternative options to safeguard my belongings.

Thank you in advance for your insights!