Best Condo Insurance Companies (2026)
Allstate, American Family, and Amica are among our top picks for condo insurance due to price, customer service ratings, and coverage selections.
Secure. Free. Easy-to-use.
Excellent
)
Written byCarley Clark
)
Carley ClarkInsurance Writer
5+ years experience in personal finance writing
Personal finance blogger
Carley Clark is a freelance financial writer based in Michigan. Carley learned how to translate complex financial data into actionable information even before she became a freelance writer – she was a revenue auditor for a Michigan-based casino.
She’s been a freelance writer since 2020, and her work has appeared in well-known brands including CNN Underscored, GOBankingRates, and FinanceBuzz. She earned her bachelor’s degree in business from Spring Arbor University. She’s been an Insurify contributor since August 2025.
When she’s not writing content that helps readers make informed insurance decisions, she enjoys reading, playing video games, and going for walks with her dog.
)
Edited bySara Getman
)
Sara GetmanAssociate Editor
Sara Getman is an Associate Editor at Insurify and has been with the company since 2022. Prior to joining Insurify, Sara completed her undergraduate degree in English Literature at Simmons University in Boston. At Simmons, she was the Editor-in-Chief for Sidelines Magazine (a literary and art publication), and wrote creative non-fiction.
Outside of work, Sara is an avid reader, and loves yoga and knitting.
)
Reviewed byMacKenzie Korris
)
MacKenzie KorrisLicensed P&C Agent, Insurance Copy Editor
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
MacKenzie Korris is an insurance copy editor with a producer’s license for property and casualty insurance in Missouri.
Updated
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
Advertiser Disclosure
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.
Table of contents
If you live in a condo, your lender or homeowner association (HOA) will likely require you to have an HO-6 policy, known as condo insurance. Figuring out what you need to insure your condo can feel confusing because your HOA’s master policy protects only some parts of the property. You’re responsible for other coverages.[1]
The best condo insurance combines affordable pricing with protection for your home, belongings, and finances. This guide explains how condo insurance works and compares top insurers based on price, discounts, customer ratings, and coverage choices.
Quick Facts
Condo insurance premiums range from $34 to $113 per month for $300,000 in coverage.
HOA master policies cover common areas and structures. HO-6 policies cover your unit interior.
Because you may be responsible for loss assessment fees, it’s a good idea to consider purchasing add-on coverage.
5 best condo insurance companies of 2026
We selected the best condo insurance companies by comparing HO-6 insurers on price, coverage options, customer satisfaction, and financial strength. Based on our analysis, Amica ranked highest for overall performance and value.
Insurance Company  | Best For | Average Monthly Premium | Loss Assessment Available | Bundling Discount |
|---|---|---|---|---|
| Amica | Claims handling | $37 | Yes | Up to 30% |
| Grange | Affordability | $34 | No | Up to 31% |
| American Family | Customer satisfaction | $49 | No | Up to 40% |
| USAA | Military families | $45 | Yes | Up to 10% |
| Allstate | Coverage add-ons | $58 | Yes | Up to 25% |
Disclaimer: Table data is based on real-time quotes from Insurify’s network of 500+ insurance partners. Actual rates may vary depending on the policyholder’s individual profile and coverage needs.
To choose the five best companies for condo insurance, we compared widely available insurers that write HO-6 (condo) policies across the U.S.
We evaluated companies for a balance of affordability, strong coverage, and solid customer service. We reviewed the company’s website, our internal data, and third-party sites like AM Best, the Better Business Bureau, the National Association of Insurance Commissioners, and Trustpilot.
Our research included:
Rate and cost analysis using our proprietary quote information and third-party datasets
A review of each company’s coverages and condo-specific offerings
Discounts available and applicable to condo owners
Customer satisfaction and complaint data
Availability and accessibility
Amica: Best for claims handling
AmicaCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2/10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 679 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $121/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $179/mo |
Amica ranks near the top of the J.D. Power U.S. Property Claims Satisfaction Study and earns high marks for its digital experience. These ratings indicate a smooth and straightforward process if you need to file a condo insurance claim.
The insurer also holds an A+ (Superior) financial strength rating from AM Best, showing it has the resources to pay claims to many policyholders after a major disaster.
Pros
Affordable insurance rates
High rankings in J.D. Power studies
24/7 claims assistance
Cons
Not available in Alaska or Hawaii
App has average Google Play rating
Limited offices and agents
Grange: Best for affordability
affordability
Grange
Compare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | NR |
|---|---|
| A.M. Best A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor). | NR |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $113/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $172/mo |
Grange generally offers lower condo insurance premiums than competitors. You can also save with discounts for bundling with your auto insurance and installing monitored fire and burglar alarm systems.
An independent agent can help you customize your condo insurance policy with optional add-ons, such as cyber insurance, identity theft protection, and higher limits for valuable items.
Pros
Affordable premiums
4.8 out of 5 stars on Trustpilot
4.89 out of 5 stars on the Better Business Bureau
Cons
Not ranked in J.D. Power studies
Available in only 13 U.S. states
Lower mobile app ratings than competitors
American Family: Best for customer satisfaction
customer satisfaction
American Family
Compare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.6/10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 638 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $162/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $227/mo |
American Family has a strong reputation for customer service, ranking highly in the J.D. Power home insurance customer satisfaction survey. It also has excellent ratings on Trustpilot and an A+ rating from the Better Business Bureau.
Its condo insurance covers dwelling, personal property, and liability, with optional add-ons for water backup, hidden water damage, and higher personal property limits.
Pros
Excellent customer satisfaction ratings
Diminishing deductible coverage available
Highly rated mobile app on App Store
Cons
May find lower premiums with competitors
Below-average claims satisfaction in J.D. Power survey
Available in only 19 states
USAA: Best for military families
USAACompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8/10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 737 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $147/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $210/mo |
Active-duty service members, veterans, and eligible family members can get condo insurance through USAA, often at competitive pricing with plenty of discounts.
Policies generally include identity theft protection and replacement cost coverage. USAA also offers higher special assessment limits than competitors and includes coverage for military equipment with no deductible, up to policy limits.
Pros
Exclusive benefits for military members
Several available discounts
Scored highly in J.D. Power customer and claims satisfaction surveys
Cons
Available only to military members and their families
No customer service on Sundays
Limited physical locations
Allstate: Best for coverage add-ons
AllstateCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2/10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 631 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $191/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $287/mo |
Allstate offers several optional add-ons for your condo insurance policy, including water backup, loss assessment, identity theft, and data recovery protection. You can also add building code updates and green improvement coverage.
Rates often run higher than competitors’, but Allstate provides multiple discounts, including those for bundling car insurance and staying claims-free, that can help you lower your premiums.
Pros
Wide range of condo coverages
Excellent App Store ratings
24/7 customer support
Cons
Higher premiums than many competitors
Below-average J.D. Power customer and claims satisfaction ratings
Higher-than-expected number of complaints with the National Association of Insurance Commissioners (NAIC)
What condo insurance covers
Condo insurance coverage, also called an HO-6 policy, protects your unit’s interior, belongings, and personal liability. It differs from homeowners insurance, which covers the entire structure, and renters insurance, which won’t pay for structural features or built-ins.
A condo insurance policy typically includes the following types of coverage after covered losses, such as a fire, windstorm, or theft:[2]
Dwelling coverage
Dwelling coverage protects your condo’s interior structure, including walls, flooring, and fixtures. Your coverage limit should match the replacement cost of your unit’s interior.
Personal property coverage
Personal property insurance replaces personal belongings, such as appliances, furniture, and electronics. Limits often equal 50% to 70% of your dwelling coverage limit.
Personal liability coverage
Personal liability pays for legal costs if you cause injuries or property damage. Coverage limits often start at $100,000, but many experts recommend $300,000 to $500,000.
Loss of use coverage
Loss of use reimburses additional living expenses, often about 20% of your dwelling coverage, if your unit is uninhabitable.
Compare Top Condo Insurance Companies
Get personalized condo insurance quotes in minutes
Excellent
4.7 out of 5 based on 13,498 reviews
Secure. Free. Easy-to-use.
Special assessment coverage and condo insurance
A special assessment (or loss assessment) is a fee your HOA may charge after a shared loss that exceeds the master policy limits or has a large deductible. For example, a fire in the lobby could leave each unit owner responsible for part of the repair bill.
Some condo insurance policies include loss assessment coverage, while others require an endorsement. Adding a loss assessment endorsement can raise your limits to help you cover these extra costs.[1]
You can review your condo insurance policy and talk with an insurance agent to add this endorsement and determine your coverage limits.
What condo insurance won’t cover
Condo insurance coverage won’t cover every risk. HO-6 insurance policies typically exclude:[3]
Floods: If you live in a high-risk area, consider purchasing a flood insurance policy.
Earthquakes: Coverage for earthquake damage usually requires a separate policy or endorsement.
Wear and tear: Insurance generally doesn’t cover maintenance issues or normal wear and tear.
HOA common areas: The HOA master policy typically covers shared spaces, but special assessment coverage can help if your HOA bills you for a shared loss.
Condo insurance vs. HOA master policy: Who covers what
The HOA master policy usually covers the building’s structure and shared areas, such as the roof, lobby, and walkways. Your condo insurance (HO-6) policy, on the other hand, covers the unit interior, personal belongings, and liability.[1]
Who covers what depends on your association’s master policy type:
Bare walls coverage: This pays for the structure and common areas. The condo owner insures the interior walls, flooring, fixtures, and upgrades.
Single entity coverage: This coverage pays to replace original fixtures and built-ins inside the unit, but not upgrades.
All-in coverage: This covers improvements, upgrades, and additions that the condo owner makes.
Item | Bare Walls Master Policy | Single Entity Master Policy | All-in Master Policy | Condo Owner HO-6 Policy |
|---|---|---|---|---|
| Common areas | ✔ | ✔ | ✔ | With loss assessment |
| Structure | ✔ | ✔ | ✔ | With loss assessment |
| Interior walls | ✗ | ✔ | ✔ | ✔ (if HOA policy excludes) |
| Original fixtures and built-ins | ✗ | ✔ | ✔ | ✔ (if HOA policy excludes) |
| Unit upgrades | ✗ | ✗ | ✔ | ✔ |
| Personal belongings | ✗ | ✗ | ✗ | ✔ |
| Liability claims | ✗ | ✗ | ✗ | ✔ |
Coverage details vary by policy, so review your HOA bylaws carefully. An insurance agent can help you figure out how much condo insurance you need.
Average cost of condo insurance by state
The national average cost of condo insurance for a property with $300,000 in dwelling coverage is $66 per month. But the actual premium you pay depends on factors such as your location, home value, and claims history.
Below are the average monthly and yearly condo insurance costs by state and coverage amount.
Condo Insurance Rates by State
State | Monthly Premium | Annual Premium |
|---|---|---|
| Alaska | $32 | $384 |
| Alabama | $77 | $924 |
| Arkansas | $82 | $984 |
| Arizona | $53 | $636 |
| California | $56 | $672 |
| Colorado | $68 | $816 |
| Connecticut | $45 | $540 |
| Delaware | $32 | $384 |
| Florida | $145 | $1,740 |
| Georgia | $60 | $720 |
| Hawaii | $38 | $456 |
| Iowa | $58 | $696 |
| Idaho | $47 | $564 |
| Illinois | $56 | $672 |
| Indiana | $52 | $624 |
| Kansas | $83 | $996 |
| Kentucky | $79 | $912 |
| Louisiana | $143 | $1,716 |
| Massachusetts | $42 | $504 |
| Maryland | $47 | $564 |
| Maine | $30 | $360 |
| Michigan | $59 | $708 |
| Minnesota | $51 | $612 |
| Missouri | $72 | $864 |
| Mississippi | $80 | $960 |
| Montana | $49 | $588 |
| North Carolina | $85 | $1,020 |
| North Dakota | $59 | $708 |
| Nebraska | $78 | $936 |
| New Hampshire | $30 | $360 |
| New Jersey | $29 | $348 |
| New Mexico | $68 | $816 |
| Nevada | $34 | $408 |
| New York | $33 | $396 |
| Ohio | $41 | $492 |
| Oklahoma | $118 | $1,416 |
| Oregon | $35 | $420 |
| Pennsylvania | $31 | $372 |
| Rhode Island | $59 | $708 |
| South Carolina | $63 | $756 |
| South Dakota | $57 | $684 |
| Tennessee | $76 | $912 |
| Texas | $108 | $1,296 |
| Utah | $40 | $480 |
| Virginia | $39 | $468 |
| Vermont | $25 | $300 |
| Washington D.C. | $33 | $396 |
| Washington | $37 | $444 |
| Wisconsin | $37 | $444 |
| West Virginia | $42 | $504 |
| Wyoming | $43 | $516 |
Find the Best Condo Insurance for You
Insurify partners with top insurers for real-time quotes
Excellent
4.7 out of 5 based on 13,498 reviews
Secure. Free. Easy-to-use.
How to get the best deal on condo insurance
Multiple factors can affect the cost of condo insurance, but some are within your control. You may be able to lower your insurance premiums by:
Shopping rates: Comparing condo insurance quotes can help you find the lowest premiums with the most coverage.
Bundling: Purchasing two or more insurance policies from the same company can unlock a multi-policy discount.
Raising your deductible: Choosing a higher deductible (the amount you pay out of pocket after a claim) often results in lower insurance premiums.
Researching insurance discounts: Insurers often offer savings for adding safety features to your home, such as security systems, fire prevention, or weather-mitigation upgrades.
Condo insurance FAQs
Condo owners often have questions about HO-6 coverage, master policies, and costs. The information below explains how condo insurance works and what coverage you may need.
What’s the best insurance for a condo?
The best condo insurance depends on your coverage needs and which company quotes you the lowest price. Allstate, American Family, Amica, Grange, and USAA often rank well for coverage features, service, and affordability.
Do HOAs or lenders require condo insurance?
Lenders and HOAs usually require you to have condo insurance, but requirements can vary by association and loan terms.
How much should a condo insurance policy cost?
The average cost of condo insurance is $792 per year for $300,000 in dwelling coverage. Your actual premium can vary based on factors such as your location, coverage limits, and deductible.
How much coverage should you have on a condo?
It’s a good idea to have enough coverage to rebuild your unit’s interior, replace your belongings, and cover additional living expenses after a loss. Experts also recommend liability coverage limits of at least $300,000.[2]
Does condo insurance cover special assessments?
Some condo insurance policies include limited special assessment coverage, while others require an endorsement. If your policy includes this coverage, you may still want a separate add-on for higher limits.
What do you need to get a condo insurance quote?
To get a condo insurance quote, insurers usually ask for your name, address, birth date, contact information, and details about your condo.
Methodology
Insurify data scientists analyzed rates from more than 180 home insurance companies sourced directly from Insurify’s partner companies and Quadrant Information Services. Rates span all 50 states and Washington, D.C., and quote averages represent the mean price for a given coverage level and geographic area. To ensure data reliability, only insurers meeting minimum quote thresholds were included in the analysis.
Unless otherwise specified, quoted rates reflect the average cost for homeowners with no prior claims and good credit with a home construction year of 1980. The default coverage assumptions include:
Default Coverage Assumptions
- Dwelling coverage: $300,000
- Deductible: $1,000
- Personal property limit: $25,000
- Liability limit: $300,000
Additional data points beyond these default values are sourced from Insurify’s proprietary database. Rates are updated monthly.
Related articles
)
Best Condo Insurance in Florida
April 14, 2026
)
Compare Home Insurance Quotes Side by Side
April 14, 2026
)
Condo Insurance Guide: Coverage, Cost, and How It Works
April 14, 2026
)
Landlord Insurance for Condos: What to Know
April 14, 2026
)
What Is HO-6 Insurance?
April 14, 2026
)
Condo Hazard Insurance: What It Is and How It Works
April 14, 2026
)
Condo Earthquake Insurance Explained: Coverage, Costs and Tips
September 9, 2024
)
Differences Between Condo Insurance vs. Homeowners Insurance
April 14, 2026
Sources
)
Carley ClarkInsurance Writer
5+ years experience in personal finance writing
Personal finance blogger
Carley Clark is a freelance financial writer based in Michigan. Carley learned how to translate complex financial data into actionable information even before she became a freelance writer – she was a revenue auditor for a Michigan-based casino.
She’s been a freelance writer since 2020, and her work has appeared in well-known brands including CNN Underscored, GOBankingRates, and FinanceBuzz. She earned her bachelor’s degree in business from Spring Arbor University. She’s been an Insurify contributor since August 2025.
When she’s not writing content that helps readers make informed insurance decisions, she enjoys reading, playing video games, and going for walks with her dog.
Sara GetmanAssociate Editor
Sara Getman is an Associate Editor at Insurify and has been with the company since 2022. Prior to joining Insurify, Sara completed her undergraduate degree in English Literature at Simmons University in Boston. At Simmons, she was the Editor-in-Chief for Sidelines Magazine (a literary and art publication), and wrote creative non-fiction.
Outside of work, Sara is an avid reader, and loves yoga and knitting.
MacKenzie KorrisLicensed P&C Agent, Insurance Copy Editor
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
MacKenzie Korris is an insurance copy editor with a producer’s license for property and casualty insurance in Missouri.