Condo Insurance Cost
Written by webtechs

How Much Does Condo Insurance Cost?

On average, condo insurance costs about $250 per year with average prices ranging from $100 to $400 per year in 2020 according to multiple online sources.

Average Condo Insurance Cost

According to TrustedChoice, “Condo insurance costs vary. The cost of condo insurance, on average, ranges from $100 to $400 per year, depending on the value of your personal property and the type and amount of coverage you carry.”

Insurance.com says you can expect to pay about $389 per year for:

  • Personal Property Coverage: $60,000
  • Liability Protection: $300,000
  • Deductible: $1,000

Condo Insurance Cost By State

Alabama

The average cost of condo insurance in Alabama is about $509 per year or $42 per month which is about 6% higher than the national average.

Alaska

The average cost of condo insurance in Alaska is about $370 per year or $31 per month which is about 29% lower than the national average.

Arizona

The average cost of condo insurance in Arizona is about $385 per year or $32 per month which is about 24% lower than the national average.

Arkansas

The average cost of condo insurance in Arkansas is about $488 per year or $41 per month which is about 2% higher than the national average.

California

The average cost of condo insurance in California is about $489 per year or $41 per month which is about 2% higher than the national average.

HO6 Condo Insurance Cost

HO6 Condo Insurance Cost

ValuePenguin states the average cost of HO6 condo insurance is $478 per year with average prices ranging from $269 to $960 across the US in 2020 depending on the state you live in.

Condo Insurance Quotes

From offering liability protection to you and your family to helping you get reimbursed for personal property damage, condo insurance provides many types of coverage. Learn more about Condo Insurance Coverage or get a free condo insurance quote from Klimes Insurance today.

Leave a Reply

Your email address will not be published. Required fields are marked *