Nationwide Insurance Phasing Out Mobile Home Coverage In North Carolina
To tighten their bottom line, Nationwide Insurance is no longer going to provide insurance coverage options for the North Carolina mobile-home, renters, condo and overall dwelling markets. The hardest hit of those covered are mobile home residents as Nationwide Insurance is no longer writing those policies at all and will begin phasing out existing policies onOct. 3, 2009 continuing through Oct. 2, 2010.
Traditional Policies Unaffected
Mobile homes covered under traditional homeowners policies with Nationwide insurance rates will not be affected. Nationwide is working with local insurance providers to find alternative means of policy coverage for those who will be affected by the change.
August 31, 2009 was when Nationwide stopped writing new policies for renters, condos and other dwellings, specifically related to fire policies. Those who already have a Nationwide policy will not be impacted by this change.