Condo Insurance in North Dakota

Experts break down homeowners insurance costs, coverage, companies, and more in North Dakota.

Written by Candace Jenkins
Written by Candace Jenkins

Candace Jenkins is a licensed insurance advisor with over a decade of experience. She is also a writer and loves to write on all things insurance. Candace writes for on a continuous basis and is here with the facts about all your insurance inquiries.

Reviewer: Jeffrey Green Reviewed by Jeffrey Green
Reviewer: Jeffrey Green
Reviewed by Jeffrey Green

Jeff Green has held a variety of sales and management roles at life insurance companies, Wall street firms, and distribution organizations over his 40-year career.  He was previously Finra 7,24,66 registered and held life insurance licenses in multiple states. He is a graduate of Stony Brook University.

Suburban apartment complex. Find North Dakota condo insurance.

When you purchase a condo, your coverage matters. In North Dakota, there are 774,948 residents. You'll need the right condo insurance policy if you're one of them.

Fortunately, you're not alone, and an independent insurance agent can help. They have access to a network of carriers so that you have options. Connect with a local agent for free in minutes. 

What Is Condo Insurance?

In North Dakota, condo insurance is similar to a traditional homeowners policy without some of the key components, since you don't own a single-family residence. Here is what it covers:

  • Condo insurance: Also known as an HO6 policy, this covers losses that involve fire, theft, vandalism, property damage, and liability. It differs from a traditional homeowners policy (an HO3 or HO5) because it won't cover the outside structure itself, which is owned by the Homeowners Association (HOA). Any damage or claim filed against the outside structure would be reported on the HOA's master insurance policy.

What Does Condo Insurance Cover?

The outside structure of a North Dakota condo unit will be the responsibility of the HOA. However, your condo insurance policy will provide protection for the following:

  • Condo liability coverage: This can help pay for costs associated with injuries or property damage that a third party, such as a guest or delivery person,  experiences while in your condo. It can also help pay your costs if you face a lawsuit as a result of those injuries or that property damage.
  • Condo contents coverage: Also called personal property coverage, this can help pay to repair or replace your belongings if fire, severe weather, theft, vandalism or any other covered event damages or destroys them.

Your condo insurance will not come with flood coverage. A separate flood policy is required for all homeowners, whatever the type, in order to have protection against flood damage.

How Much Does Condo Insurance Cost?

Each North Dakota condo insurance policy will cost a different premium. Costs depend on your individual risk factors, including:

  • Claims history
  • Square footage
  • Content value
  • Personal property

A good rule of thumb is to obtain several quotes from an independent insurance agent for the most competitive prices. Premiums typically fall between $200 and $800 for condo insurance on average. 


Save on Condo Insurance

Our independent agents shop around to find you the best coverage.

What Are the Best Condo Insurance Companies

The best condo insurance companies will vary from person to person. It helps to obtain multiple quotes so that you're getting the best options on coverage and premium. Some common condo insurance carriers in North Dakota are the following:

Why Shop Condo Insurance with an Independent Insurance Agent?

There are numerous options when it comes to securing a condo insurance policy. Understanding the best policy for your specific situation can be challenging when you're unsure of where to begin. Fortunately, you're not alone and a local agent can help.

An independent insurance agent works with multiple carriers so that you're certain when obtaining your condo coverage. They continue to shop your policy year after year to ensure that you're still getting the best pricing and coverage in town. Connect with a local agent in minutes to get started.

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