Average cost of condo insurance in Sarasota

The average cost of condo insurance (HO-6) in Sarasota is $624 per year, which is $52 per month, for a coverage level of $40,000 for personal property and liability protection of $100,000 with a $1,000 deductible.

However, insurance rates vary depending on your location in the city, the company and the coverage limits. The highest average rate for condo insurance in Sarasota is $1,663, $1,449 more than the lowest average rate of $214.

Average annual cost$624
Average per month cost$52
Highest average rate$1,663
Lowest average rate$214

Cheapest condo insurance in Sarasota

The cheapest condo insurance company in Sarasota is Travelers at an average annual rate of $225. The second-cheapest option is Security First Insurance with an average yearly rate of $253.

Of course, these rates are averages, so it's important to shop around and compare rates for your needs.

CompanyAverage annual premiumAverage monthly premium
Travelers$225$19
Security First Insurance$253$21
Heritage Insurance Holdings$445$37
Amer Integrity Ins Co of FL$465$39
Progressive$506$42
Nationwide$583$49
Universal Insurance Holding$613$51
Allstate$626$52
State Farm$679$57
FedNat Holding$758$63
Citizens Property Insurance$1,278$106
HCI Group Inc$1,464$122

Condo insurance cost in Sarasota compared with the state average

The average cost of condo insurance in Sarasota is $624 per year. That is $148 less than the state average of $772.

City average cost$624
State average cost$772

Condo insurance cost in Sarasota by coverage level

Several factors affect your HO-6 condo insurance. One key factor is your location, and another is the amount of personal property coverage you choose. The higher your coverage limit, the higher the condo insurance cost.

For example, the average annual cost for $40,000 in personal property coverage is $624, or about $52 per month.

Condo insurance rates in Sarasota with $100,000 liability

The following table shows the cost of condo insurance for four coverage levels with a liability limit of $100,000 and $1,000 deductible.

CoverageAverage annual rateAverage per month rate
$40,000$624$52
$60,000$761$63
$80,000$893$74
$100,000$1,021$85

Condo insurance cost in Sarasota with $300,000 liability

The following table shows the cost of condo insurance for four coverage levels with a liability limit of $300,000 and $1,000 deductible.

CoverageAverage annual rateAverage per month rate
$40,000$640$53
$60,000$778$65
$80,000$910$76
$100,000$1,039$87

Methodology

Insurance.com compared condo insurance rates provided by Quadrant Information Services from 2023 for around 29,000 cities in all states and Washington D.C for multiple coverage levels. The content has been updated for 2025.