Consumption and Real Estate
What is the typical cost of condo insurance in florida?
Question : What is the typical cost of condo insurance in florida?
I’m trying to understand what homeowners insurance woul cost in florida for a 2 bedroom condo. I’m not ready to call an insurance company. I’m looking in Ft.Myers. Just want to know is it thousands of dollars and out of my range or a few hundrend per year. Say for a 75k condo.
condo insurance cost
Best answer:
Answer by mbrcatz
Excluding wind and flood, about $ 400 a year.
But if you want wind and flood . .. maybe $ 3,000.
It shouldnt be too much.
Condo insurance policies cover the inside structure of your unit and your personal contents. The HOA has the master insurance policy which covers the common areas and buildings from the outside.
Farmers Insurance is a good company who has affordable rates.
In CA, a condo insurance with $ 75,000 building coverage should run around aroun $ 2-300. Call a local agent and get an estimate.