By Steve Vander Ploeg
Figures on this page are illustrative sample-profile benchmarks for education and layout — not live market quotes. Actual premiums vary by ZIP, vehicle, coverage, driving history, and underwriting. Ask a licensed agent for a personalized comparison.
What does condo insurance cost?
Michigan condo owners paid an average of $387 a year for HO-6 coverage — about $32 a month — according to the most recent NAIC figures, covering 2022. That is a statewide average; your unit, master policy, and contents limits move the price from there.
| Market | Avg. monthly (sample) |
|---|---|
| Michigan HO-6 average (NAIC 2022) | $32/mo |
| Michigan HO-6 average (annual) | $387/yr |
Key takeaways
What Michigan homeowners should know
- Michigan HO-6 averaged $387/yr in NAIC 2022 data — about $32/mo statewide.
- Michigan law does not require condo insurance, but association bylaws and mortgage lenders usually do.
- The master policy covers the building; HO-6 covers your belongings, improvements, and personal liability.
Free rate check
Are you paying too much for condo insurance?
Michigan condo insurance rates by company
Company-by-company differences can be substantial once the master policy and building age are in the file. Use the sample table as a layout benchmark, then compare personalized quotes.
| Company | Avg. monthly (sample) |
|---|---|
| Carrier A (sample) · Illustrative | $28/mo |
| Carrier B (sample) · Illustrative | $32/mo |
| Carrier C (sample) · Illustrative | $36/mo |
| Carrier D (sample) · Illustrative | $41/mo |
| Carrier E (sample) · Illustrative | $48/mo |
Vander Ploeg data methodology
Average-cost figures cite NAIC statewide HO-6 data where noted. Factor tables use an illustrative sample condo owner profile and are not live filings or guaranteed quotes.
- Sample owner-occupied condo unit with a standard HO-6 policy shape
- Monthly premium framing for scannability (not an annual bill)
- Carrier names anonymized until verified market data is published
- Master-policy type, contents limits, deductible, and credit can change the premium
- Your personalized quote may be higher or lower than any sample row
Figures on this page are illustrative sample-profile benchmarks for education and layout — not live market quotes. Actual premiums vary by ZIP, vehicle, coverage, driving history, and underwriting. Ask a licensed agent for a personalized comparison.
Compare locally
Shop around for the best rates
The only way to know which company fits your file is to compare. We help you shop options from carriers such as American Modern, Foremost, National General, Progressive, and others available for your ZIP in Michigan.
Enter your zip to get started
Michigan condo insurance rates by contents limit
Coverage C — personal property — is a primary HO-6 premium driver. Higher contents limits raise the premium; underinsuring leaves a gap after a fire or water loss inside the unit.
| Personal property (Coverage C) | Avg. monthly (sample) |
|---|---|
| $25,000 contents | $24/mo |
| $40,000 contents | $29/mo |
| $60,000 contents | $34/mo |
| $80,000 contents | $40/mo |
| $100,000+ contents | $48/mo |
Michigan condo insurance costs by credit tier
Where allowed, credit-based insurance scoring can influence HO-6 price. Treat sample tiers as educational; ask your agent how a carrier treats your file.
| Credit tier | Avg. monthly (sample) |
|---|---|
| Very poor | $52/mo |
| Fair | $44/mo |
| Good | $36/mo |
| Very good | $32/mo |
| Excellent | $28/mo |
Michigan condo insurance rates by deductible
Raising your deductible is a direct way to lower premium. Confirm water-backup and loss-assessment deductibles separately — those endorsements often sit on different terms.
| Deductible | Avg. monthly (sample) |
|---|---|
| $500 deductible | $42/mo |
| $1,000 deductible | $36/mo |
| $2,500 deductible | $31/mo |
| $5,000 deductible | $27/mo |
Licensed Michigan agency
Compare carriers with a licensed Michigan agent
Prefer a person? Call (616) 300-5301
Frequently asked questions
How do I get a condo insurance quote?
Enter your ZIP to start. We ask a few coverage questions, then a licensed agent shops carriers and walks you through options against your master policy.
Do you write condo insurance in Michigan?
Yes. We place HO-6 policies with American Modern, Foremost, Liberty Mutual, Travelers, and other carriers appointed for your ZIP.
Can you compare more than one company?
Yes. As an independent agency we shop multiple carriers on every file.
Will you call or email me after I start?
Only when you ask — or when an agent needs details to finish your quote. No spam. We never sell your data.
About Vander Ploeg
Vander Ploeg Insurance Agency, LLC is a licensed independent Michigan agency based in Kalamazoo. We are not a carrier. We shop multiple companies, explain HO-6 coverage against your association's master policy, and stay on the file after you bind. Educational content on these pages is reviewed by licensed agents and is separate from any carrier relationship.