Florida Condo & HOA Insurance Calculator: Commercial Property

Free commercial property insurance calculator for Florida condo and HOA associations: a planning estimate from building value, location, age and construction.

Frequently Asked Questions

How much does condo and HOA insurance cost in Florida?

In this calculator's rate model, a baseline masonry association building runs about $0.20 to $0.66 per $100 of insured value a year on the mainland, from inland Northeast Florida to the Southeast Florida oceanfront, and up to $0.89 in the Keys. At $250,000 of insured value per unit, $0.20 to $0.66 is $500 to $1,650 per unit.

What does a condo or HOA master property policy actually cover?

The association's master policy covers the building structure, common areas, and association-owned property against fire, wind, theft, and other covered perils. It does not cover the inside of individual units or owners' personal belongings — those require a separate unit-owner HO-6 policy. Florida Statute 718.111(11) requires associations to carry adequate master property coverage.

Is this the same as a unit owner's HO-6 policy?

No. This calculator estimates the association's master property policy, not individual HO-6 unit-owner coverage. The master policy protects the building and common elements; an HO-6 protects a single unit's interior, upgrades, personal property, and loss-assessment exposure. Associations need the master policy; each owner should carry their own HO-6.

Why is Florida condo and HOA insurance so expensive?

Florida's hurricane and wind exposure and its aging roofs keep association premiums above most states, even though property rates fell in 2026. Coastal Southeast Florida and the Keys can pay two to three times what inland Northeast Florida pays for the same coverage. Roof age and construction type are the biggest factors a board can influence.

How can our association lower its insurance premium?

The biggest levers are documenting wind-mitigation features (impact glass, reinforced roof-to-wall connections), keeping the roof and replacement-cost appraisal current, choosing a higher hurricane deductible your reserves can absorb, and shopping the market every year. An independent broker can compare 40+ carriers — many associations save when their coverage is re-shopped, though savings vary.

How accurate is this calculator, and is it a quote?

It is an educational estimate, not a quote, binder, or offer of insurance. The ranges are built from real Florida OIR rate filings, Citizens Property Insurance rates, and actual carrier policy data, but your final premium depends on full underwriting — inspection, loss history, and catastrophe modeling. For an accurate quote, request one above or call (904) 900-5063.

Why is this calculator specific to Florida condos and HOAs?

Florida has unique commercial property insurance dynamics — hurricane wind tiers, sinkhole exposure in some counties, the SB 4-D structural inspection law, Citizens Property Insurance as a backstop, and the post-2022 reform market. A national calculator can't accurately estimate Florida condo or HOA premiums, so this tool is built specifically on Florida rate data and statutes.

Can I use this for non-condo commercial property?

The calculator's underlying rate data is optimized for residential association property (condos, HOAs, apartment buildings). For office, retail, restaurant, or industrial commercial property, request a quote directly — those coverages use different rate factors and carrier appetites that this calculator doesn't model.

Get a free quote or call (904) 900-5063 — Atesa Risk Advisors, independent Florida insurance brokerage.