average condo insurance cost
1 A basic condo insurance policy will cover damages to most of your personal belonging as well as walls, floors, ceiling coverings, and other items. 2  This costs around $20 to over $100 a month, depending on the value of the condo unit as well as the insurance company. InsureMe.com is a great comparison tool that can give you an accurate quote. 2  Quotescout.com gives the rough estimate of less than $1,000 as the average cost of condominium insurance per year. 3  For a specific price for the condominium insurance, you can get quotes and estimates from different insurance companies.