Texas has approximately ~560,000 condo units. Average HO-6 (condo) insurance premium is $640/yr, or $44-$74/month. The dominant HOA master policy type is "Bare walls-in", and we recommend at least $60,000 recommended in loss assessment coverage.
Avg HO-6 Premium
$640/yr
$44-$74/month
Master Policy Type
Bare walls-in
Determines what YOU need
Loss Assessment
$60,000 recommended
Recommended limit
| Topic | Detail | Notes |
|---|---|---|
| Condo unit inventory | ~560,000 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, USAA, Allstate, Texas Farm Bureau | Premiums vary 30%+ between carriers |
| Loss assessment recommendation | $60,000 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.
Texas has the fifth-largest condo market in the United States, with units concentrated in Houston, Dallas-Fort Worth, Austin, San Antonio, and the Gulf Coast communities of Galveston, Corpus Christi, and South Padre Island. Texas's condo market is diverse: Dallas and Austin have modern high-rise and mid-rise communities; Houston has a mix of high-rise luxury and older garden-style condos; coastal markets face direct hurricane exposure. The Texas Windstorm Insurance Association (TWIA) is the designated wind insurer for 14 coastal counties and provides wind coverage where private markets have withdrawn. Hurricane Harvey's 2017 $125 billion total damage — much in the Houston condo market — fundamentally reshaped awareness of flood risk for Houston condos, most of which sit in flood plains. Most Texas HOAs carry bare walls-in master policies.
Texas condo owners in coastal counties should confirm whether their HOA master policy carries TWIA wind coverage and understand its named-storm deductible. Houston condo owners need flood insurance — Harvey demonstrated that even properties outside official flood zones can face catastrophic inundation. Loss Assessment coverage of $60,000 is advisable for Texas coastal and metro communities. Dallas and Austin condo owners face severe hail risk and periodic tornado exposure rather than hurricane risk; their insurance needs are different but hail deductibles are a key policy term to review. Texas Farm Bureau and USAA are competitive options for owner-occupant condo owners in Texas.
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.
Texas has the TWIA (Texas Windstorm Insurance Association) for coastal windstorm coverage in designated catastrophe areas; standard HO-6 may exclude or limit hurricane wind coverage in coastal counties.
💡 Texas Pro Tip
Texas HO-6 premiums average around $640 per year, or $44–$74 per month. Houston and Dallas condos typically run $550–$750 annually. Galveston and Corpus Christi coastal condos can reach $900–$1,400 per year when TWIA wind coverage and flood insurance are factored in. Austin condos are generally $480–$620 per year.
Texas HOAs typically use bare walls-in master policies covering the structural shell. Your HO-6 covers all interior improvements, personal property, liability, and loss of use. In coastal Texas counties, confirm whether the HOA master policy carries wind coverage through TWIA or a private carrier, and understand the named-storm deductible structure — a large deductible can generate significant unit-owner assessments after a hurricane.
Standard Texas HO-6 policies cover wind damage from hurricanes, but coastal county policies often carry TWIA-backed wind coverage with named-storm deductibles of 2–5% of insured value. Flood damage is always excluded — Hurricane Harvey made clear that flood risk in Texas extends far beyond mapped FEMA flood zones. NFIP or private flood insurance is essential for Houston-area and all coastal Texas condo owners.
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.