How Much Does Homeowners Insurance Cost For A Condo?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    This is going to depend on many factors. Some of those factors are your geographic location, the valuation of your premise, your claims history, the age of the building, the number of units in the building, your distance from the nearest fire department, and many other things. Similar to a homeowners policy I would say based on my experience and in my area that the average cost of condo insurance ranges from $50/mo and up. Contact a local agent to get pricing for coverage within your area.
    Answered on July 24, 2013
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