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Condo insurance is a must-have for condo owners. Even if you have the protection offered by your association, it may not cover the things inside of your condo like furniture and personal belongings. Therefore, purchasing condo insurance is a necessity.

Finding the best condo insurance in Washington is no easy task. There are many factors to consider when looking for condo insurance and it can be difficult to know which company will provide you with the best coverage at a fair rate.

In this guide we'll provide a list of the best companies in Washington, how much condo insurance costs and condo insurance rates by companies.

KEY TAKEAWAYS
  • Condo owners in Washington pay an average of $417 per year or $35 per month in condo(HO6) insurance.
  • Depositors is the cheapest condo insurance company in Washington at only $242 per year.

Best condo insurance companies in Washington

In Washington, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, J.D Power score and customer satisfaction rating of all the major insurers across Washington. Below are the best condo insurance companies in Washington based on Insurance.com's analysis.

  • USAA
  • State Farm
  • Allstate
  • Farmers
  • Nationwide

Compare best condo insurance companies in Washington

USAA is our top pick for the best condo insurance company in Washington, based on Insurance.com's rate analysis. It has earned 882 scores out of 1000 from J.D. Power and AM Best awarded it A++ rating. But only military officials, veterans and their families are eligible to purchase condominium insurance from USAA.

State Farm and Allstate are other top performers on our list. All these providers have a strong reputation and offer competitive rates. Compare the carriers using their J.D. Power score and AM Best rating mentioned in the table below.

CompanyJ.D. Power scoreAM Best rating
USAA882A++
State Farm835A++
Allstate829A+
Farmers813A
Nationwide812A+
Safeco810A
Liberty Mutual806A
Travelers800A++

Average cost of condo insurance in Washington

Washington residents pay an average of $417 annually or $35 per month for condo insurance. The recommended coverage level for condo insurance is $40,000 for personal property, $100,000 for liability protection with $1000 deductible.

Your particular condominium insurance cost will depend on the coverage level, the value of your condo, your location and the deductible amount you choose among other factors.

Average annual premiumAverage monthly premium
$417$35

CONDO INSURANCE CALCULATOR

Average condo insurance rates in WASHINGTON

$60,000
$1,000
$100,000
98125 - Seattle
Personal Property Coverage $60,000, Deductible $1,000 and Liability $100,000.

AVERAGE RATE: $460

HIGHEST RATE: $992 LOWEST RATE: $216

Most & least expensive zip codes for condo insurance in Washington

Most Expensive

Zip CodeCityHighest Rate
98040Mercer Island$517
98062Seahurst$517
98056Newcastle$515
98007Bellevue$514

Least Expensive

Zip CodeCityLowest Rate
98311Bremerton$431
98110Bainbridge Island$432
98383Chico$434
98315Bangor Base$434

Condo insurance rates by companies in Washington

Depositors offer the cheapest condo insurance rate in Washington at an average of $242 annually, among the carriers surveyed. Condo insurance rates vary between companies for the same policy. So, if you don't shop around, you will not know which insurer offers the most affordable rates.

Below you will find the average annual premium of major condo insurance companies in Washington.

CompanyAverage annual premium
Depositors$242
Allied Property$276
Nationwide$291
Allstate$306
Travelers$312
First Liberty$314
Pemco$392
Farmers$453
Liberty Mutual$483
Safeco$504
State Farm$504
USAA$530
Garrison$543

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