We need insurance for a cabin/home on family owned community land in a trust.
We are planning to build our retirement home on family owned trust land. We will not own the land and cannot sell it except within the family, but the land will always be community owned. We have been told that we can't get insurance for it, but that seems difficult to understand. If there is any insurance expert that can provide us with info on how we can obtain insurance and/or conditions that will make it insurable, please let us know. Thanks. Al.
One idea is to GOOGLE "insurance agent palm springs ca." IN that area, some homes are built on "Indian land," where the homeowner leases the home for 100 years or so and makes a monthly payment to the tribe. Your situation sounds similar. A Palm Springs agent is familiar and should be able to direct you.
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