Need high insurance coverage amount for refinance

[Eric]

I am refinancing my manufactured home to get a good bit of cash out to pay off other debt. The market value of the home is very good - roughly $160K. However, the problem I have is finding an insurance company to cover the full amount of the loan (i need $135K worth of coverage) which the mortgage company needs to close.

The home is on a permanent foundation (footers, slab, block, etc.) and is taxed as real estate. I guess I need someone who will underwrite the policy as homeowners insurance and not manufactured/mobile home insurance. Everyone keeps tell me they can't go that high because the home still has a "book value" which is what they equate to the "replacement" value. Unforunately or fortunately, depending on how you look at it, I am having a hard time finding an insurance company to cover closer to the "market value" of the home.

Does anyone have any suggestions or companies that will do this sort of thing? I really would like to be able to use the equity in home. Need to do find insurance quick in order to close on the refinance.

Thanks,
Eric

[Eric]

To add to this post:

I own the .53 acres the home is situated on. It also has a 2 store detached garage on the property. Not sure if that helps to add more value to the insurance coverage or not.

Thanks for your help in advance,
Eric