HUD Manufactured and Mobile Home Installers Bonds Available!

the US HUD Manufactured and Mobile Home Installer surety bond image A new surety bond is required for Manufactured and Mobile Home installers in 13 states. We instantly provide the HUD Manufactured Housing bond up to $25,000.

The Federal Department of Housing and Urban Development (HUD) enacted a new bond requirement for manufactured housing installers. The new requirement affects installers doing business in states without a state bond requirement. We are an active market for this new requirement! We will instantly issue requests up to $25,000, and gladly review larger request subject to credit review.

The following states are employing the new HUD Manufactured Home surety bond requirement: Alaska, Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Montana, Nebraska, New Jersey, Rhode Island, South Dakota, Vermont, Wyoming.

The purpose of the Manufactured Home Installation Program is to implement regulations 24 CFR 3285 and 24 CFR Part 3286 to ensure that states have in place a minimum installation standard and an operating installation program for manufactured homes. The law was passed in 2000 but the HUD manufactured installer surety bond requirement was not enforced until 2015.

The HUD-Administered Manufactured Home State Installation Program is being implemented in four phases in all 13 states that do not administer their own installation program.

EZ Surety Bonds continues to lead the industry by writing more surety bonds than any other company as instant issue. Apply, review, pay and print your surety bond all in seconds. Let us assist you with your surety bonding needs call 866-546-4605 or purchase online.

The requirements for each of the different coverage options are noted below.
1. Bond Only Coverage: If an installer chooses to have bond-only coverage, the bond must be sufficient to replace the home. The minimum amount of coverage required is $100,000.

2. Insurance Only Coverage: If the installer chooses to have insurance-only coverage, the insurance requirements are:
  • A $250,000 insurance policy that will cover all warranty issues with no deductible for one year after any installations.
  • The insurance policy must be paid in full for a minimum of one year.
  • The policy must stay in force the entire time the installer’s license is valid.
  • The insurance will need to be renewed 60 days before the policy expires to ensure that there is continuous coverage.
  • The insurance will have to cover damages in small amounts with no deductible for warranty items and general liability items.
  • Determination of liability will be at the discretion of the Office of Manufactured Housing Programs.

3. Irrevocable Letter of Credit: If an installer chooses to have an irrevocable letter of credit only, the amount of credit must be sufficient to replace the home. The minimum amount required is $100,000.

4. Combination of Bond and Insurance Coverage: Installers choosing this coverage must have both a minimum $250,000 general liability insurance policy and a $10,000 bond.

5. Combination of Irrevocable Letter of Credit and Insurance Coverage: Installers choosing this coverage must have both a minimum $250,000 general liability insurance policy and a $10,000 irrevocable letter of credit.

A sample bond form is available at www.manufacturedhousinginstallation.com or can be found in the appendices of this document.

Want more information on each states requirements?
All 13 HUD installer bonds start at just $100 plus shipping costs and fees to be purchased instantly!
About the author:Lamon Warnock, Surety Bond Blog Author

Hi, I'm , the President of EZ Surety Bonds, and the head blogger for the EZ Surety Bonds Blog. The purpose of my blogs are to inform and help customers to buy surety bonds quickly, easily, and stress-free from EZ Surety Bonds!

Email: Lamon@WarnockAgency.com | PH: 866-546-4605

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