Condo Unit Owner (HO-6) Insurance Cost Estimator (2025 Edition)
Estimate your condo or co-op insurance premium, including personal property, interior structures, and personal liability.
Used to estimate interior replacement cost
For belongings coverage
Regional rate driver
Adjusts calculation based on master policy coverage
This calculator helps condo and co-op owners estimate the cost of their HO-6 policy, which covers the interior of the unit, personal belongings, and personal liability. It complements the Condo Association / HOA Insurance Estimator, which covers the building exterior and shared areas.
Interior Structure (Walls-In)
Walls, floors, ceilings, cabinetry, and fixtures not covered by the HOA master policy.
Personal Property
Furniture, electronics, appliances, and personal items.
Liability
Legal costs if someone is injured inside your unit.
Loss of Use
Living expenses if your unit becomes uninhabitable.
Tip: Always review your HOA's master policy type (bare walls vs. all-in) before choosing HO-6 coverage limits.
| State | Avg. Annual Premium | Notes |
|---|---|---|
| Florida | $950 | Hurricane-prone |
| California | $720 | Earthquake optional |
| New York | $630 | Dense urban zones |
| Texas | $790 | Weather risk |
| Illinois | $580 | Lower average |
| Nationwide Average | $650 / year | - |
On average, condo insurance costs 20–30% less than homeowners insurance, but premiums are rising in coastal regions.
Location Risk (Hurricanes, Floods, Wildfires)
Coastal and high-risk areas have significantly higher premiums.
Coverage Amounts (Dwelling + Contents)
Higher coverage limits increase premiums proportionally.
Building Type & HOA Master Policy
High-rises and buildings with comprehensive master policies may reduce HO-6 needs.
Security Systems
Smoke alarms, sprinklers, and security systems provide discounts.
Deductible Amount
Higher deductibles lower premiums but increase out-of-pocket costs.
Claim History
Previous claims can increase future premiums.
- Bundle with auto or umbrella insurance for discounts
- Raise deductible to reduce annual premium
- Install home safety systems (alarms, sprinklers, cameras)
- Only cover what your HOA master policy doesn't
- Re-evaluate coverage annually
Q1: What's the difference between an HO-6 and homeowners insurance?
A: HO-6 covers the interior of a condo unit and belongings; homeowners covers the entire structure.
Q2: Does my HOA master policy include my unit interior?
A: Some do (all-in policies), others don't (bare-walls). You need HO-6 for interior protection.
Q3: Do I need liability coverage?
A: Yes, it covers guest injuries or accidental damage to other units.
Q4: Is flood or earthquake insurance included?
A: No, these require separate policies.