- NEW!
Condos are not as expensive to insure as single family homes. According to Goftp.com you can expect to pay anywhere from $225 to $450 per year. This cost will be dependent upon the state the condo is located in, its size, its value and the coverage limits you choose.Source:
by Grandson0916 on May 25th, 2010
Since the Home Owners Association dues are set by the "owner" of the property and basically go up every year there is no "Estimate" it is impossible. It is however easy to call the properties home owners associations administrator and ask. You find out who that person or company is from the realtor or a title company.
by Grandson0916 on May 25th, 2010
Varies from property to property. There is no set amount. Some may not have a due at all. You have to pay it, the HOA can place a lien on your home for non payment and/or has the right to sue (which they would win)
by likeit on February 7th, 2010
If you have an example, go to this Bank of America page and enter the information. They will give you an estimate on all types of fees not just insurance.
https://www8.bankofamerica.com/home-loans/mortgage-purchase/calculators-tools/rates.go
Don't worry you don't have to enter personal information. I've used it to get an idea of monthly mortgage fees including insurance and taxes.
How much authority do Idahoan homeowners associations have?
by Answerbag Staff on August 17th, 2010
| 1 person likes this
Are pets affected by polyester carpet?
by Answerbag Staff on July 19th, 2010
| 1 person likes this
What is a CPR home in Hawaii?
by Answerbag Staff on July 19th, 2010
| 1 person likes this
If a homeowners assocition have not enforced convenants consistantly that have been in place for 5 years are they still enforceable?
by bdoheny on May 6th, 2011
| 1 person likes this
How do you get the hoa to review or revise existing rules? Does a petition work? Is there ever an exeption to rules already in place?
by emmiehark on May 30th, 2011
| 1 person likes this
You're reading How much is homeowner's insurance on a condo?
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Comments
I believe the question was in regard to Home Owners Dues, not property insurance. These are two totally seperate things!
by Grandson0916 on May 25th, 2010