Getting a Condo Insurance Quote in Kansas
Many occupants in Kansas choose the convenience of living in condos. Deciding on the right condo insurance from Kansas could be confusing, so we're here to assist you by outlining a couple of important factors which you need to remember when negotiating the final cost of your condo insurance so you get the right coverage for your needs at the right cost. There are lots of aspects that will affect how expensive or inexpensive your yearly condo insurance estimate will be, so we've made it our goal is to make the condo insurance buying procedure a breeze.
Kansas Condo Insurance Statistics at a Glance
Given the numerous factors that affect the cost of condo insurance, and taking into consideration that home values are on the upswing, Kansas condo insurance policies may be over the expensive side. Kansas is ranked the 1st most expensive state in the nation for condo insurance. Kansas residents pay an average of $195 a month or $2,343.00 per year in condo insurance premiums. Even though Kansans are spending more about condo insurance, the good news is that trends show that rates are becoming cheaper. Overall most cities in Kansas have similar average monthly rates, but Gardner, KS has been shown to be the cheapest cities in $917.50 per year or $76.46 per month. On the flip side, Garden City, KS has the highest condo insurance rates in the state at $1,488.00 per year or $124.00 a month. Different insurance companies have important differences in rates, so it's important to shop around if you're looking for condo insurance from Kansas.
$605
Average Annual Cost of Condo Insurance in Kansas
The average cost of condo insurance in Kansas on an annual basis is $605.
$50
Average Monthly Cost of Condo Insurance in Kansas
The cost of condo insurance in Kansas is roughly $50 per month.
20%
Percentage of Income on Ownership for Condos in Kansas
Residents of Kansas spend an average of 2% of their income on condo ownership.
29 years
Median Age of a Property Which Requires Kansas Condo Insurance
The average age of a property requiring condo insurance in Kansas is roughly 29 years.
What Affects the Costs of Your Condo Insurance in Kansas
There are a number of variables which cause condo insurance policies in Kansas to change from price . Insurance companies use many variables to calculate your individual risk and coverage needs, and to secure you a precise quote to your condo insurance coverage. However, there many factors outside of your control that may affect the purchase price of your condo insurance from Kansas. Those factors may include things like the positioning of your condo, the age of your condo in Kansas, along with the building quality of your condo. They may have the ability to see whether you're entitled to discounts. Some factors in your control that could help or harm the final pricing of your Kansas condo insurance prices could be variables like your own credit history, your claims history along with other condo insurance providers, your driving record, the sum of personal belongings which you have on your condo, the people who live on your condo, and whether you rent or own the condo. In order to get the best possible quote, we highly advise you have a lot of this information prepared prior to obtaining a condo insurance quote to your Kansas property.
Average Cost of Condo Insurance in Kansas by City
The most typical type of condo insurance from Kansas is the HO6 insurance policy. Whether you're living in a bigger city like Wichita or Overland Park or own a condo in a bigger city like Atchison, you'll probably require H06 insurance to your condo in Kansas. To give you an idea of how much it will cost to insure your condo, we've provided a complete list of projected condo insurance quotes to your Kansas city. The following averages are based on all insurance costs for your individual town or city in Kansas, therefore depending on where your condo is located in your area, your final price could differ drastically than what's quoted below.
| City in Kansas | Average Monthly Costs for Condo Insurance | Average Annual Costs for Condo Insurance |
|---|---|---|
| Wichita, KS | $116 | $1,394 |
| Overland Park, KS | $84 | $1,010 |
| Kansas City, KS | $91 | $1,093 |
| Olathe, KS | $82 | $989 |
| Topeka, KS | $93 | $1,115 |
| Lawrence, KS | $86 | $1,035 |
| Shawnee, KS | $83 | $998 |
| Lenexa, KS | $83 | $997 |
| Manhattan, KS | $91 | $1,094 |
| Salina, KS | $98 | $1,177 |
| Hutchinson, KS | $112 | $1,345 |
| Leavenworth, KS | $83 | $990 |
| Leawood, KS | $83 | $996 |
| Dodge City, KS | $122 | $1,462 |
| Garden City, KS | $124 | $1,488 |
| Emporia, KS | $96 | $1,158 |
| Derby, KS | $112 | $1,345 |
| Prairie Village, KS | $85 | $1,017 |
| Junction City, KS | $92 | $1,100 |
| Gardner, KS | $76 | $918 |
| Hays, KS | $120 | $1,444 |
| Pittsburg, KS | $93 | $1,117 |
| Liberal, KS | $123 | $1,471 |
| Newton, KS | $112 | $1,342 |
| Great Bend, KS | $119 | $1,429 |
| Andover, KS | $113 | $1,361 |
| McPherson, KS | $100 | $1,204 |
| El Dorado, KS | $113 | $1,358 |
| Ottawa, KS | $89 | $1,065 |
| Winfield, KS | $108 | $1,301 |
| Lansing, KS | $80 | $959 |
| Arkansas City, KS | $107 | $1,290 |
| Haysville, KS | $116 | $1,393 |
| Merriam, KS | $87 | $1,039 |
| Atchison, KS | $83 | $993 |
Choosing the Best Condo Insurance Company in Kansas for Your Needs
Making sure you set in time and effort to pick the ideal condo insurance provider in Kansas to your needs will give you peace of mind in the long term. You're insuring your valuables yourself, and your distance , so spend that extra time to search which you could find. Don't brief change your Kansas condo and the possessions interior of it by settling for the cheapest one on the market. The ideal thing to do would be to look around and compare several companies prior to making final choices and choosing the ideal condo insurance provider in Kansas for your needs. Keep in mind that a dependable company won't force you into making a decision immediately or cover coverage which you don't want. Look for condo insurance companies which reward their long term customers with discounts or supply bundle insurance discounts. Be sure that your chosen provider is accredited. Check the Kansas Department of Insurance website to find out the licensing status, fiscal stability and criticism history of your chosen insurer.
The Top Rated Condo Insurance Companies in Kansas Based off Consumer Ratings
State Farm holds the top spot at being the biggest condo insurance provider in the USA for more than 50 decades. In Kansas, a study done by JD Power revealed that State Farm has been scored a 3 out of a 5 (an average rating) from the coverage offerings, billing and payment, customer service and claims. In Kansas, State Farm also obtained a NAIC criticism ratio of 0.2. Like most condo insurance providers in Kansas, they provide premium discounts on condos which have been made or renovated to better withstand any natural disasters which may occur from The Sunflower State. When considering pure metrics of condo insurance firms in Kansas independently, USAA has the highest JD Power rating in the state at 5 while Travelers has the lowest at 2. The condo insurance provider in Kansas which has the lowest NAIC criticism ratio in Kansas is USAA in 0.15 while Marysville Mutual Insurance Co. has the highest NAIC criticism ratio in 1.04.
| Kansas Condo Insurer | JD Power Rating | NAIC Rating |
|---|---|---|
| State Farm Ratings for Condo Insurance in Kansas | 3/5 | 0.2 |
| American Family Insurance Ratings for Condo Insurance in Kansas | 3/5 | 0.69 |
| Farm Bureau Ratings for Condo Insurance in Kansas | N/A | 0.34 |
| Farmers Ratings for Condo Insurance in Kansas | 3/5 | 0.39 |
| Travelers Ratings for Condo Insurance in Kansas | 2/5 | 0.3 |
| Allstate Ratings for Condo Insurance in Kansas | 3/5 | 0.31 |
| USAA Ratings for Condo Insurance in Kansas | 5/5 | 0.15 |
| Marysville Mutual Insurance Co. Ratings for Condo Insurance in Kansas | N/A | 1.04 |
| AAA Ratings for Condo Insurance in Kansas | 3/5 | 0.62 |
Kansas Condo Insurance Requirements
Under the Townhoues Ownership Act a condo unit owner in Kansas is allowed to receive insurance for their own advantage, but is not required to do so. The Act says that if in the time of loss the device owner has an insurance policy that covers the danger as the coverage of the institution , then the associations' policy will take precedence and offer the insurance that is key. Kansas law requires condominium associations obtain insurance for the condominium construction as a whole. But, condo unit owners may still need to consider buying insurance policies to cover their accountability their possessions, any improvements they personally install, or any loss or event not insured by the coverage of the institution .
What's Covered with Your Condo Insurance in Kansas
When browsing for the condo insurance coverage, what you'll notice is that most condo insurance providers in Kansas will offer standard coverage, which may include construction property coverage, personal property coverage, loss of use coverage and liability coverage. Building property coverage protects you financially from damage to the inside of your condo (floors, walls, tiles) and loss of permanent fixtures caused by a covered event, such as fire. Personal property coverage protects your personal belongings, such as furniture, electronics, and clothing, which are lost due to a covered event. With liability coverage, if you're held legally responsible for property damage or physical injury then liability coverage provides financial protection for you. Normally a condo insurance policy from Kansas covers $100,000 in liability damages. With loss of use coverage: If your condo in Kansas becomes uninhabitable and you want to live outside of your condo due to a covered event and are paying more than you'd living on your condo then this feature will pay you for the increased living expenses.
| Average Costs of Condo Insurance in Kansas by County | Average monthly condo insurance cost | Average annual homeowners insurance cost |
|---|---|---|
| Sedgwick County, KS | $106.75 | $1,282.50 |
| Johnson County, KS | $82.00 | $986.20 |
| Wyandotte County, KS | $91.00 | $1,093.00 |
| Shawnee County, KS | $93.00 | $1,115.00 |
| Douglas County, KS | $86.00 | $1,035.00 |
| Riley County, KS | $91.00 | $1,094.00 |
| Leavenworth County, KS | $81.50 | $974.50 |
| Saline County, KS | $98.00 | $1,177.00 |
| Reno County, KS | $112.00 | $1,345.00 |
| Ford County, KS | $122.00 | $1,462.00 |
| Finney County, KS | $124.00 | $1,488.00 |
| Butler County, KS | $113.00 | $1,359.50 |
| Lyon County, KS | $96.00 | $1,158.00 |
| Cowley County, KS | $107.50 | $1,295.50 |
| Geary County, KS | $92.00 | $1,100.00 |
| Ellis County, KS | $120.00 | $1,444.00 |
| Crawford County, KS | $93.00 | $1,117.00 |
| Seward County, KS | $123.00 | $1,471.00 |
| Harvey County, KS | $112.00 | $1,342.00 |
| Barton County, KS | $119.00 | $1,429.00 |
| McPherson County, KS | $100.00 | $1,204.00 |
| Franklin County, KS | $89.00 | $1,065.00 |
| Atchison County, KS | $83.00 | $993.00 |
How to Get Kansas Condo Insurance Discounts
Each insurance provider in Kansas has its own discount or loyalty program. Make sure while you shopping around for a condo insurance quote which you ask about any discounts which may be available for you personally or your family members. Normally, you will find quite a few discounts available on Kansas condo insurance policies. Couple of those discounts you may ask for are new client discounts, multi-policy and bundled discounts, loyalty discounts and paid-in-full discounts.
| Condo Insurance Deductible | Average Kansas Condo Insurance Costs Based off Deductible |
|---|---|
| $500 | $281 |
| $1,000 | $262 |
| $1,500 | $245 |
| $2,000 | $236 |
| $5,000 | $204 |
Getting the Best Kansas Condo Insurance Rates
Shopping around is critical to determining if sufficient savings are available to your Kansas condo insurance policy. All you need to do is call us and determine if any insurers can beat what you are paying. You could be surprised by the savings that are readily available. You can even ask a friend to consult with their present condo insurance provider which may produce a referral discount. It's possible to raise your allowance to save a few bucks each month because the higher your deductible, the lower your cost of your insurance. However, ensure your deductible is not high because in case of a loss you're responsible for paying any sum up to the deductible. See whether you're able to bundle many kinds of insurance policies as many carriers offer discounts to customers bundle insurance policies together. By way of example, consult the provider of your car insurance and see if they can reduce your premium if you buy condo insurance from them also. They may offer discounts for long-time customers, if you keep with the insurer for multiple decades. A few of these discounts can save you up to 10% on your premiums. Pay attention to your credit score and make sure it stays high as insurance providers take that into consideration when picking your condo insurance premium. Increase it keep it high to find a lower insurance premium.