Condo insurance in Tallahassee

With a population just under 200,000 people, Tallahassee is the eighth most populous city in the state – and for good reason. Tally offers what most people want in a city: steady job opportunities and a low cost of living, plus the warm, sunny weather Florida is known for.

But living in Tallahassee is not without its risks, which is why you need condo insurance. Policies (also called HO6 policies) protect you from losses connected to your unit, personal property, and liability.

Let’s take a look at how much condo insurance costs in Tallahassee and how we may be able to help you save.

Condo insurance costs

Most Floridians know how expensive home insurance is in their state, but the same is true for condo insurance. A quick internet search shows yearly premiums between $1,000 and $1,500. However, the average Kin member in Tallahassee pays just $961 per year for their condo insurance.*

There’s no guarantee that your premium will be at or below the average, but we do all we can to keep costs down for our members. How? By analyzing granular insurance data.

Like all insurance companies, we rely on information about your condo, like:

• The location.

• The number of stories.

• The construction materials.

• Your unit’s size.

These and other factors help us figure out what it costs to cover your condo. But by considering more specific details about your particular condo, we can provide quotes that are more accurate for your actual risk. This often results in more affordable condo insurance.

Kin condo insurance discounts

Another way to save on condo insurance is to ask about discounts. With us, you may earn a discount for:

• Having strong wind mitigation features.

• Installing fire protective devices.

• Living in a secured or gated community.

Condo insurance deductibles

While you can’t buy less coverage than is needed to replace your condo after a loss, you have some leeway in choosing your deductible. A larger deductible typically decreases your insurance costs. However, you want to choose deductibles you can afford paying after a major loss.

We offer the following condo insurance deductible options in Tallahassee.

• Standard deductible 

  • $500

  • $1,000

  • $2,500

  • $5,000

• Hurricane deductible 

  • $500

  • 1%, 2%, 5%, or 10% of your Coverage A.

Taken all together, our average condo owner reports saving over $400 when they switched to Kin.**

What risks do Tallahassee condo owners face? 

Tallahassee, like all of Florida’s Gulf Coast, is vulnerable to hurricanes, tornadoes, and other severe weather events. Statistically, hurricanes directly impact Tallahassee on average once every eight years – or 22 hurricanes in the last 171 years. As recently as September, 2023, Hurricane Idalia hit Florida’s Big Bend region as a Category 4 storm, bringing 125 mph sustained winds.

But hurricanes aren’t the only weather risk Tallahassee condo owners face. The area’s extreme wind risk also comes from:

• Tropical storms. These strike Tallahassee once every 3.5 years – or 50 tropical storms in 171 years.  

• Tornadoes. According to the Federal Emergency Management Agency (FEMA), Tallahassee currently has a relatively high risk for tornadoes.

• Floods. Risk Factor rates Tallahassee’s flood risk as minor, but FEMA flood maps do show several flood zones that mean you’re required to get flood insurance.

As a condo owner, you also have to protect your home from property crime, like theft, arson, and burglary. Property crimes in Tallahassee are higher than average, so getting condo insurance is key.

Frequently asked questions about condo insurance

Our Kinfolk get questions about condo insurance all the time. Here are some links with answers to the questions they hear the most.

• What is condo insurance?
• What’s not covered by condo insurance?
• Do HOA fees cover insurance?
• Does condo insurance cover special assessments?

Condo insurance for additional Florida cities

• Bradenton
• Cape Coral
• Clearwater
• Fort Myers
• Jacksonville
• Orlando
• Safety Harbor
• St. Petersburg
• Sarasota
• Tampa

How to get condo insurance Tallahassee 

While other insurance companies have withdrawn from Florida because of the high cost of hurricanes, Kin is proud to offer affordable coverage to condo owners who need it most. We are committed to Florida for the long haul. 

Get a quote for Tallahassee, FL, condo insurance today.

*Based on in-force condo insurance premiums in Tallahassee between January 2023 and January 2024.

**Condo owners who switched to Kin report annual savings of $437 on average based on Kin Customer Savings Survey conducted from January 2023 and January 2024.