Condo insurance in Jacksonville

Owning a condo in Jacksonville, puts you right on the border where Florida meets Georgia. It’s easy to see why 900,000 residents call Jax home: It’s an affordable place to live; minutes from the beach; and full of parks, restaurants, museums, and zoos.

Your condo is a major investment, and you need to protect it with quality condo insurance, and that’s where we come in. We’re Kin, and we’re all about using technology to keep insurance costs down for Florida condo owners.

Jacksonville condo insurance costs

Surprising to no one who calls Florida home, the state has some of the highest condo insurance rates in the country. The national average cost of condo insurance is $471, and Florida’s average is $942 a year, according to the National Association of Insurance Commissioners (NAIC).

Jacksonville premiums are probably near the average, or even a little above, because of the city’s location. Being so close to the coast increases the chance of being hit by a hurricane. In fact, Risk Factor rates Jacksonville’s wind risk as extreme.

Just remember that average costs are not quotes. A quote from Kin factors in more than your condo’s location. Our technology helps us evaluate its age, construction, safety features, and more, so we’re better able to understand the risk your condo faces and price your policy accordingly. Condo owners who opt for Kin report saving an average for more than $400 per year.*

The only way to know what you might save is to get a quote. 

Condo insurance & natural disasters

Your condo insurance policy can cover your home for all sorts of damage: wind, fire, vandalism, theft, and more. But some major disasters are handled a little differently.

Let’s take a look at how your policy responds to catastrophes. Some coverages are included; others need to be added on.

Hurricane coverage

Jacksonville’s location makes it a prime target for Atlantic hurricanes that will make their way up the eastern coastline. The most recent example is Hurricane Idalia. The city didn’t take a direct hit, but parts of Jacksonville certainly felt the impacts. 

Fortunately, all our policies include hurricane insurance in case a major storm hits and damages your home.

Sinkhole coverage

Jacksonville’s soil is filled with rich limestone deposits. When limestone is saturated, it can erode and collapse, causing sinkholes. All our policies include catastrophic ground cover collapse coverage to address this scenarios. You can also add on sinkhole insurance if you want coverage that addresses more types of sinkhole losses.  

Tips for keeping Jacksonville condo insurance affordable

The easiest way to save money on your condo insurance is to make your home safer. The safer it is, the fewer claims you’ll file, which keeps your rates down over time. We also reward your safety measures with premium discounts. For example, you may save some extra money for:

• Having wind mitigation features

• Installing smart home security systems

• Opting for an electronic policy

You can also control condo insurance costs by adjusting your deductible. Taking on a higher deductible reduces your yearly premium. In our online application, you can adjust your deductible and see how it impacts your rate.

Ready for affordable, easy Jacksonville condo insurance? Get a quote today! 

*Customers who switched to Kin report annual savings of $437 on average on their condo insurance. Based on Kin Customer Savings Survey conducted from January 2023 through January 2024. Potential savings may vary.