Idaho has approximately ~55,000 condo units. Average HO-6 (condo) insurance premium is $370/yr, or $25-$43/month. The dominant HOA master policy type is "Bare walls-in", and we recommend at least $35,000 recommended in loss assessment coverage.
Avg HO-6 Premium
$370/yr
$25-$43/month
Master Policy Type
Bare walls-in
Determines what YOU need
Loss Assessment
$35,000 recommended
Recommended limit
| Topic | Detail | Notes |
|---|---|---|
| Condo unit inventory | ~55,000 condo units | Tracks the size of the local condo market |
| Master policy form prevalence | Bare walls-in | Bare walls-in needs more individual coverage |
| Top HO-6 carriers | State Farm, Farmers, Allstate, USAA, Pemco | Premiums vary 30%+ between carriers |
| Loss assessment recommendation | $35,000 recommended | Default $1K is dangerously low |
HO-6 premiums vary by master policy type, building age, deductible, and personal property coverage. Loss assessment claims have spiked since the Surfside 2021 collapse drove tighter inspection requirements in many states.
Idaho's condo market has grown rapidly in line with Boise's emergence as a major tech and migration destination. The Treasure Valley (Boise, Nampa, Meridian) accounts for the majority of the state's condo inventory, with additional supply in Sun Valley, Coeur d'Alene, and Idaho Falls. Wildfire risk is significant across much of southern and central Idaho, and some carriers have tightened underwriting in fire-prone areas. The Boise Foothills and Wood River Valley around Sun Valley face elevated wildfire exposure, while the Panhandle region around Coeur d'Alene deals with winter ice and wind damage. Most Idaho HOAs carry bare walls-in master policies.
Idaho condo owners should verify the master policy form (Idaho law does not mandate disclosure) and carry appropriate Coverage A on their HO-6 to reconstruct the unit's interior under a bare walls-in scenario. Wildfire coverage is standard on most policies, but verify no exclusions apply in high-risk foothills areas. Sun Valley resort condos used as short-term rentals need a rental endorsement or landlord policy, as standard HO-6 policies typically exclude business use. Loss Assessment coverage of $35,000 is a reasonable baseline, but resort-area condo owners with larger HOA exposure should consider $50,000–$75,000.
Your HOA's master policy covers the building's structure and common areas. Your HO-6 covers everything not insured by the master — typically interior walls, floors, fixtures, personal property, liability, and loss assessments. The MASTER POLICY TYPE matters most: in a "bare walls-in" building, you're responsible for drywall inward.
If a covered loss exceeds the master policy limits or deductible, the HOA charges each unit owner a special assessment. Loss assessment coverage on your HO-6 reimburses you up to its limit. Default is usually $1,000 — but post-2021 Surfside collapse and Florida's SB-4D inspection law, $50,000+ is now recommended for older buildings.
Idaho's condo statute (Idaho Code §55-1501) does not mandate a specific master policy form; buyers should request the full policy from the HOA prior to closing.
💡 Idaho Pro Tip
Idaho HO-6 premiums average around $370 per year, or $25–$43 per month. Boise and Treasure Valley condos typically cost $320–$450 annually. Sun Valley resort condos can run $500–$750 due to elevated replacement costs and wildfire exposure. Coeur d'Alene condos generally fall in the $350–$480 range.
Idaho HOAs commonly carry bare walls-in master policies covering only the building's structural shell. Your HO-6 must cover the entire interior — flooring, walls, cabinetry, appliances, personal property, liability, and loss of use. Idaho law does not require HOAs to disclose the master policy form, so proactively request it from your HOA to confirm what is covered before purchasing your HO-6.
Yes — standard Idaho HO-6 policies cover fire damage, including wildfire. If a wildfire damages common areas or the building exterior, the HOA master policy handles those repairs, but you may receive a loss assessment for your share of uninsured costs. Some carriers have begun applying higher wildfire deductibles or exclusions in high-risk areas near Boise Foothills and Sun Valley — review your policy carefully if your condo is near a wildland-urban interface.
Condo inventory and premium estimates from state insurance department filings and NAIC condo market data, May 2026. Always verify your HOA's master policy form before purchasing.
Michael Torres
Editorial Lead, Catastrophe & Commercial Property
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed May 2026
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This site provides general educational information only and is not a substitute for professional insurance advice. All rates, data, and coverage details are estimates and may not reflect your actual premiums. Insurance availability and pricing vary by state, insurer, and individual risk factors. Always consult a licensed insurance professional in your state before making coverage decisions.