Getting a Condo Insurance Quote in Ohio
Ohio renters and owners see lists of condo insurance agencies when they begin their research. How does one make the right choice with all of these choices? You never know when disaster hits and the best option is to get insurance for your space and prized possessions. And to do that, Condo Coverage has made it simple. Condo Coverage keeps the numerous key factors in mind when researching the best possible quote for you. Let the algorithm do the search and you make the selection.
Ohio Condo Insurance Statistics at a Glance
There are so many things to consider when doing your research. With property values on the rise and a list to keep in mind, condo insurance in Ohio may seem like a daunting task. Ohio condo insurance policies may be more on the expensive side and are ranked as the {Ranking-of-Most-Expensive-Content} most expensive state in the country for condo insurance. Ohio residents can pay an average of {Monthly-Cost-Content} a month or {Annual-Cost-Content} annually for condo insurance premiums. Though most people in Ohio are paying more more in condo insurance, the trends show that rates are getting cheaper. Overall most cities in Ohio have competing average monthly rates, but {Least-Expensive-City-Content} is shown to be the lowest priced citiy in {Least-Expensive-City-Price-Annually-Content} annually or {Least-Expensive-Price-Broken-Down-Per-Month-Content} a month. On the flip side, {Most-Expensive-City-Content} has the maximum condo insurance rates in the state at {Most-Expensive-City-Price-Annually-Content} annually or {Most-Expensive-Price-Broken-Down-Per-Month-Content} a month. Ohio offers a variety of rates and you can uncover the perfect for you and your needs.
$392
Average Annual Cost of Condo Insurance in Ohio
The average cost of condo insurance in Ohio on an annual basis is $392.
$33
Average Monthly Cost of Condo Insurance in Ohio
The cost of condo insurance in Ohio is roughly $33 per month.
23%
Percentage of Income on Ownership for Condos in Ohio
Residents of Ohio spend an average of 23% of their income on condo ownership.
33 years
Median Age of a Property Which Requires Ohio Condo Insurance
The average age of a property requiring condo insurance in Ohio is roughly 33 years.
What Affects the Costs of Your Condo Insurance in Ohio
A few factors either raise or lower your condo insurance rate in the state of Ohio. Insurance companies consult factors to compute individual risk and policy needs to get you an accurate quote for your condo insurance policy. Yet, there are many factors outside of your control that can affect the pricing of your condo insurance for Ohio renters and owners. Factors happen to include the positioning of your condo, how old your condo is, and also the construction quality of the building. Condo insurance policy agents can check to see if you're eligible for additional discounts. Some factors within your control in Ohio condo insurance could be factors such as credit history, claims history with other condo insurance providers, or your driving record. Your personal belongings, the people who live with you, and if you rent or own the condo can also affect your estimated quote. In order to gain the best possible insurance rate, Condo Coverage highly recommends that you have this information prepared before settling on a condo policy quote in Ohio.
Average Cost of Condo Insurance in Ohio by City
If you want the safe and easy route, the HO6 policy is the way to go. It is the most common condo insurance plan in America and it’s no wonder why many renters and owner choose it. It doesn’t matter whether you live in the smallest town or biggest city, the HO6 policy can cover you as a first time renter. But is that you’re best option? To get the wheels turning on how much it will cost to cover your condo, Condo Coverage provides a complete list of projected condo insurance quotes in the state of Ohio. These estimates are based on all of insurance costs in any town or city within Ohio. So, depending on where your condo is located, the final pricing can differ drastically than what's quoted below.
| City in Ohio | Average Monthly Costs for Condo Insurance | Average Annual Costs for Condo Insurance |
|---|---|---|
| Akron, OH | $42 | $502 |
| Beavercreek, OH | $46 | $558 |
| Boardman, OH | $44 | $524 |
| Bowling Green, OH | $46 | $557 |
| Brunswick, OH | $38 | $462 |
| Canton, OH | $42 | $501 |
| Cincinnati, OH | $41 | $497 |
| Cleveland, OH | $44 | $533 |
| Cleveland Heights, OH | $44 | $523 |
| Columbus, OH | $45 | $543 |
| Cuyahoga Falls, OH | $40 | $478 |
| Dayton, OH | $49 | $593 |
| Delaware, OH | $46 | $557 |
| Dublin, OH | $39 | $470 |
| Elyria, OH | $43 | $511 |
| Euclid, OH | $43 | $512 |
| Fairborn, OH | $47 | $559 |
| Fairfield, OH | $46 | $548 |
| Findlay, OH | $57 | $689 |
| Gahanna, OH | $43 | $513 |
| Grove City, OH | $45 | $538 |
| Hamilton, OH | $48 | $576 |
| Hilliard, OH | $41 | $492 |
| Huber Heights, OH | $47 | $562 |
| Kettering, OH | $48 | $575 |
| Lakewood, OH | $41 | $491 |
| Lancaster, OH | $57 | $688 |
| Lima, OH | $50 | $606 |
| Lorain, OH | $42 | $502 |
| Mansfield, OH | $46 | $552 |
| Marion, OH | $55 | $657 |
| Mason, OH | $45 | $540 |
| Massillon, OH | $42 | $505 |
| Mentor, OH | $38 | $450 |
| Middletown, OH | $47 | $563 |
| Newark, OH | $50 | $603 |
| North Olmsted, OH | $39 | $467 |
| North Ridgeville, OH | $39 | $470 |
| North Royalton, OH | $38 | $456 |
| Parma, OH | $40 | $478 |
| Reynoldsburg, OH | $43 | $522 |
| Springfield, OH | $47 | $569 |
| Stow, OH | $40 | $482 |
| Strongsville, OH | $39 | $467 |
| Toledo, OH | $48 | $580 |
| Upper Arlington, OH | $42 | $504 |
| Warren, OH | $42 | $506 |
| Westerville, OH | $41 | $496 |
| Westlake, OH | $38 | $453 |
| Youngstown, OH | $44 | $527 |
Choosing the Best Condo Insurance Company in Ohio for Your Needs
Nothing feels safer when choosing a condo insurance plan. Things happen and a state like Ohio is no exception and nobody should shortchange the value of their items or home. Now is the time and the ideal thing to do would be to shop and compare several companies before making the final choice. Choosing the ideal condo insurance company in Ohio is crucial but bear in mind there are scams out there. A reliable company won’t force you into making a decision to pay for coverage that you don't want. Many insurers try to pull a fast but that won’t cut it. Looking for condo insurance companies that benefit long-term customers with discounts or supply bundle insurance reductions are real. Be sure to check if the provider is accredited by using {{Insurance-Site-Content}-Link}. This site will reveal the licensing status, fiscal stability and criticism history of your chosen insurer.
The Top Rated Condo Insurance Companies in Ohio Based off Consumer Ratings
When considering how condo insurance companies in Ohio are rated, there are metrics to show how reliable they can be. State Farm is by far the largest condo insurance provider in the United States for over 50 decades. A study done by JD Power reveals that State Farm has scored a {JD-Power-State-Farm-Rating} {JD-Power-State-Farm-Status} in policy offerings, charging and payment, customer support, and claims. State Farm has provided premium discounts on condos that are recently made or renovated to withstand any natural disaster. In Ohio, State Farm also gained a NAIC criticism ratio of {NAIC-State-Farm-Status}. {JD-Power-Highest-State} has the greatest JD Power score in the state at {{JD-Power-Highest-State}-Rating} while {JD-Power-Lowest-State} has the lowest at {{JD-Power-Lowest-State}-Rating}. The condo insurance provider at {State-Content} which has the lowest NAIC criticism ratio in {State-Content} is {NAIC-Lowest-State} in {{NAIC-Lowest-State}-Rating} while {NAIC-Highest-State} has the highest NAIC criticism ratio in {{NAIC-Highest-State}-Rating}. So when it comes to numbers, take a closer look. You may yet find your perfect choice.
| Ohio Condo Insurer | JD Power Rating | NAIC Rating |
|---|---|---|
| State Farm Ratings for Condo Insurance in Ohio | 3/5 | 0.19 |
| Allstate Ratings for Condo Insurance in Ohio | 3/5 | 0.29 |
| Nationwide Ratings for Condo Insurance in Ohio | 3/5 | 0.29 |
| Grange Mutual Ratings for Condo Insurance in Ohio | N/A | 0.43 |
| Erie Ratings for Condo Insurance in Ohio | 3/5 | 0.16 |
| Westfield Ratings for Condo Insurance in Ohio | N/A | 0 |
| Cincinnati Insurance Cos. Ratings for Condo Insurance in Ohio | 4/5 | 0.17 |
| American Family Ratings for Condo Insurance in Ohio | 3/5 | 0.32 |
| Auto-Owners Insurance Ratings for Condo Insurance in Ohio | 3/5 | 0.2 |
| Farmers Ratings for Condo Insurance in Ohio | 3/5 | 0.37 |
Ohio Condo Insurance Requirements
What about the building your condo is located in? According to Ohio’s Condominium Act, a condo unit owner/renter is allowed to buy their own coverage plan but is not required to. In the event of disaster or loss, if the resident does not have a coverage plan then that very building’s own insurance will take over. Ohio law requires condominium associations to get insurance for a condominium building as a whole. Yet, condo unit owners are insisted on buying insurance policies to cover liability, possessions, any improvements that they personally install, or loss from an event not insured by the association's policy.
What's Covered with Your Condo Insurance in Ohio
For residents living in Ohio, standard condo coverage includes building property policy, private property policy, loss of use coverage and liability policy. This is the standard package for most insured folk. Building property policy protects renters from damage costs to the interior of your condo and permanent fixtures caused by a covered event, such as fire. Personal property policy shields your personal items such as clothing, furniture, and electronics, from a financial nightmare. And with liability policy, in the event you’re held accountable for injury or property damage, liability policy provides protection for you. Normally in Ohio, a condo insurance plan covers up to $100,000 in liability damages. For lack of use policy, if your unit is not habitable and you need to live outside your condo due to a covered event, you may be paying more than you'd like. Some people wind up paying more than they should if they were still living at their condo. But that’s what the loss of use coverage is for. It covers increased living expenses so you won’t have to worry about the future.
| Average Costs of Condo Insurance in Ohio by County | Average monthly condo insurance cost | Average annual homeowners insurance cost |
|---|---|---|
| Adams County, OH | $47 | $562 |
| Allen County, OH | $37 | $440 |
| Ashland County, OH | $33 | $401 |
| Ashtabula County, OH | $33 | $393 |
| Athens County, OH | $40 | $478 |
| Auglaize County, OH | $36 | $435 |
| Belmont County, OH | $34 | $409 |
| Brown County, OH | $41 | $498 |
| Butler County, OH | $38 | $460 |
| Carroll County, OH | $35 | $418 |
| Champaign County, OH | $37 | $448 |
| Clark County, OH | $35 | $423 |
| Clemont County, OH | $37 | $450 |
| Clinton County, OH | $38 | $460 |
| Columbiana County, OH | $35 | $414 |
| Coshocton County, OH | $36 | $433 |
| Crawford County, OH | $34 | $414 |
| Cuyahoga County, OH | $33 | $401 |
| Darke County, OH | $36 | $436 |
| Defiance County, OH | $37 | $445 |
| Delaware County, OH | $35 | $420 |
| Erie County, OH | $33 | $401 |
| Fairfield County, OH | $38 | $452 |
| Fayette County, OH | $40 | $476 |
| Franklin County, OH | $36 | $428 |
| Fulton County, OH | $37 | $447 |
| Gallia County, OH | $46 | $548 |
| Geauga County, OH | $30 | $357 |
| Greene County, OH | $38 | $454 |
| Guernsey County, OH | $36 | $432 |
| Hamilton County, OH | $35 | $424 |
| Hancock County, OH | $38 | $451 |
| Hardin County, OH | $37 | $449 |
| Harrison County, OH | $36 | $427 |
| Henry County, OH | $37 | $443 |
| Highland County, OH | $40 | $486 |
| Hocking County, OH | $41 | $486 |
| Holmes County, OH | $33 | $398 |
| Huron County, OH | $34 | $410 |
| Jackson County, OH | $48 | $573 |
| Jefferson County, OH | $35 | $419 |
| Knox County, OH | $34 | $412 |
| Lake County, OH | $30 | $364 |
| Lawrence County, OH | $43 | $520 |
| Licking County, OH | $35 | $420 |
| Logan County, OH | $36 | $433 |
| Lorain County, OH | $32 | $386 |
| Lucas County, OH | $37 | $439 |
| Madison County, OH | $37 | $447 |
| Mahoning County, OH | $35 | $420 |
| Marion County, OH | $37 | $440 |
| Medina County, OH | $32 | $382 |
| Meigs County, OH | $42 | $504 |
| Mercer County, OH | $38 | $452 |
| Miami County, OH | $34 | $414 |
| Monroe County, OH | $38 | $450 |
| Montgomery County, OH | $39 | $468 |
| Morgan County, OH | $37 | $442 |
| Morrow County, OH | $35 | $422 |
| Muskingum County, OH | $37 | $440 |
| Noble County, OH | $36 | $436 |
| Ottawa County, OH | $36 | $437 |
| Paulding County, OH | $37 | $446 |
| Perry County, OH | $39 | $462 |
| Pickaway County, OH | $38 | $461 |
| Pike County, OH | $48 | $573 |
| Portage County, OH | $34 | $405 |
| Preble County, OH | $38 | $454 |
| Putnam County, OH | $38 | $456 |
| Richland County, OH | $34 | $406 |
| Ross County, OH | $46 | $548 |
| Sandusky County, OH | $36 | $426 |
| Scioto County, OH | $47 | $563 |
| Seneca County, OH | $36 | $426 |
| Shelby County, OH | $36 | $433 |
| Stark County, OH | $34 | $411 |
| Summit County, OH | $33 | $400 |
| Trumbull County, OH | $34 | $407 |
| Tuscarawas County, OH | $35 | $424 |
| Union County, OH | $36 | $434 |
| Van Wert County, OH | $39 | $463 |
| Vinton County, OH | $44 | $524 |
| Warren County, OH | $39 | $471 |
| Washington County, OH | $37 | $445 |
| Wayne County, OH | $33 | $394 |
| Williams County, OH | $34 | $413 |
| Wood County, OH | $37 | $439 |
| Wyandot County, OH | $36 | $429 |
How to Get Ohio Condo Insurance Discounts
Ohio insurance providers always carry discounts or loyalty programs. Inquire about discounts on your search. You’ll never know that you or one o your family members may qualify for special discounts. Some reductions include new client discounts, multi-policy and bundled discounts, loyalty discounts and more. Check with your provider today.
| Condo Insurance Deductible | Average Ohio Condo Insurance Costs Based off Deductible |
|---|---|
| $500 | $91 |
| $1,000 | $83 |
| $1,500 | $78 |
| $2,000 | $74 |
| $5,000 | $62 |
Getting the Best Ohio Condo Insurance Rates
It’s a long and tiring process when trying to find the right condo coverage plan. Condo Coverage shortens the time and experience you spend on trying to find the right rate. Telephone Condo Coverage to get quicker results. And while you’re at it, phone a friend and see if their insurance provider offers bundle deals too. There is a referral reduction program the you and your friend can take advantage of. Another option that helps is increasing your deductible to save a few bucks a month. The higher your deductible, the lower the cost of your insurance. But make sure that your deductible is not too high because in the event of a loss you're responsible for paying any amount upfront. Condo insurance plans in Ohio offer discounts to customers who package insurance policies. And whether you can package different kinds of insurance is up to your insurer. As an example, consult the supplier of your car insurance and see if they can decrease your premium if you buy condo insurance from them, too. Especially if you’re a loyal client they may offer you reductions. Some reductions can save up to 10% on your premiums. Make sure your credit stays high, too, as insurance companies take into account these numbers when figuring policy premiums. The better your history looks, the better chances of a discount.