TL;DR

This table lists what each state statute requires of a community-association master policy: the property-insurance floor, fidelity/crime rule, reserve-study or structural-integrity obligation, milestone inspection, and the governing statute for all 50 states and DC.
A state minimum is a floor, not a full compliance standard. Lender warrantability (Fannie, Freddie, FHA) and your own governing documents frequently require more, so read this alongside those two, not instead of them.

State reference

HOA and condo insurance requirements by state, side by side.

Community-association insurance is governed at three levels: the lender's warrantability standard, the state statute, and the association's own governing documents. This page covers the middle layer, the statutory requirements, distilled from our hand-written state pages into one comparison. Each row links to the full state page, and every value is drawn from the cited statute, with an honest note where a state sets no percentage rather than an invented number.

Educational reference only, not legal or insurance advice. Statutory timelines and thresholds have been revised across recent legislative sessions, so confirm your building's specific obligation against the current statute. Coverage terms and availability are set by the underwriting market at binding.

State	Property insurance floor	Fidelity / crime	Reserve / structural study	Milestone inspection	Primary statute
Alabama	80% of ACV, condos (35-8A-313)	Not statutorily set (35-8A-313 sets no fidelity requirement)	None	None	Ala. Code 35-8A-313
Alaska	100% of ACV (AS 34.08.440)	Not statutorily set	None	None	Alaska Stat. 34.08.440
Arizona	80% of ACV, condos only (ARS 33-1253)	Not statutorily set	None	None	Ariz. Rev. Stat. 33-1253
Arkansas	No statutory percentage, coverage permissive (Ark. Code 18-13-117)	Not statutorily set	None	None	Ark. Code 18-13-117
California	No statutory percentage	Reserves + 3 months assessments (Civil Code 5806)	Reserve study reviewed every 3 years (Davis-Stirling)	None	Cal. Civil Code 5806
Colorado	Full insurable replacement cost less deductibles (CRS 38-33.3-313)	Not statutorily set	None	None	Colo. Rev. Stat. 38-33.3-313
Connecticut	80% of ACV (Conn. Gen. Stat. 47-255)	Required by statute, no dollar amount set (47-255)	None	None	Conn. Gen. Stat. 47-255
Delaware	80% of ACV (25 Del. C. 81-313)	Not statutorily set	None	None	25 Del. C. 81-313
District of Columbia	90% of replacement cost (DC Code 42-1903.10)	Not statutorily set	None	None	DC Code 42-1903.10
Florida	100% replacement cost, appraisal every 36 months (718.111(11))	Not statutorily set	SIRS required, 3+ stories (718.112(2)(g))	30 years, then every 10 (553.899)	Fla. Stat. 718.111(11)
Georgia	Full insurable replacement cost, condos (O.C.G.A. 44-3-107); non-condo HOAs have no statutory floor (opt-in POAA)	Not statutorily set	None	None	O.C.G.A. 44-3-107
Hawaii	Full insurable replacement cost, incl. code-upgrade cost (HRS 514B-143)	$500 x unit count, associations with more than 5 units (HRS 514B-143)	None	None	Haw. Rev. Stat. 514B-143
Idaho	No statutory percentage (Idaho Code 55-1517)	Not statutorily set	None	None	Idaho Code 55-1517
Illinois	Full insurable replacement cost, incl. code-upgrade cost (765 ILCS 605/12)	Not statutorily set	None	None	765 ILCS 605/12
Indiana	Full replacement value, condos (IC 32-25-8-9); planned communities have no statutory floor (Homeowners Associations Act)	Not statutorily set	None	None	Ind. Code 32-25-8-9
Iowa	No statutory percentage (Horizontal Property Act, Iowa Code ch. 499B)	Not statutorily set	None	None	Iowa Code ch. 499B
Kansas	No statutory percentage (K.S.A. 58-4601 et seq.; K.S.A. 58-3125)	Not statutorily set	None	None	K.S.A. 58-4601
Kentucky	100% of ACV (KRS 381.9187)	Not statutorily set	None	None	KRS 381.9187
Louisiana	80% of ACV (La. R.S. 9:1123.112)	Not statutorily set	None	None	La. R.S. 9:1123.112
Maine	80% of ACV (33 M.R.S. 1603-113)	Not statutorily set	None	None	33 M.R.S. 1603-113
Maryland	No statutory percentage, set by declaration (Md. Real Prop. 11-114)	Lesser of $3,000,000 or 3 months gross assessments plus investment accounts (Real Prop. 11-114.1 / 11B-111.6)	None	None	Md. Real Prop. 11-114
Massachusetts	No statutory percentage (Mass. Gen. Laws ch. 183A, Sec. 10)	1/4 of annual assessments, condos with more than 10 units (ch. 183A Sec. 10)	None	None	Mass. Gen. Laws ch. 183A Sec. 10
Michigan	No statutory percentage (MCL 559.156; Mich. Admin. Code R 559.508)	Not statutorily set	Reserve fund at least 10% of annual budget (Mich. Admin. Code R 559.511)	None	MCL 559.156
Minnesota	Full insurable replacement cost less deductibles (Minn. Stat. 515B.3-113(a)(1))	Not statutorily set	None	None	Minn. Stat. 515B.3-113
Mississippi	No statutory percentage, coverage permissive (Miss. Code 89-9-17)	Not statutorily set	None	None	Miss. Code 89-9-17
Missouri	80% of ACV, condos (RSMo 448.3-113)	Not statutorily set	None	None	RSMo 448.3-113
Montana	No statutory percentage (MCA 70-23-612)	Not statutorily set	None	None	MCA 70-23-612
Nebraska	80% of ACV, condos (Neb. Rev. Stat. 76-871)	Not statutorily set	None	None	Neb. Rev. Stat. 76-871
Nevada	80% of ACV (NRS 116.3113)	Not statutorily set	None	None	Nev. Rev. Stat. 116.3113
New Hampshire	Full replacement value (RSA 356-B:43)	Not statutorily set	None	None	RSA 356-B:43
New Jersey	No statutory percentage, coverage type named but not amount (N.J.S.A. 46:8B-14(d))	Not statutorily set	Capital reserve study required, updated at least every 5 years (P.L. 2023, c.214)	Periodic structural inspections for covered concrete, masonry, steel, or hybrid buildings (P.L. 2023, c.214)	N.J.S.A. 46:8B-14
New Mexico	80% of ACV, condos only (NMSA 1978 47-7C-13)	Not statutorily set	None	None	NMSA 1978 47-7C-13
New York	No statutory percentage for standard condos; qualified leasehold condos require full replacement cost (RPL 339-bb)	Not statutorily set	None	None	N.Y. Real Prop. Law 339-bb
North Carolina	80% of replacement cost (47C-3-113 condos / 47F-3-113 planned communities)	Not statutorily set	None	None	N.C. Gen. Stat. 47C-3-113
North Dakota	No statutory percentage or replacement-cost standard (NDCC ch. 47-04.1)	Not statutorily set	None	None	N.D. Cent. Code ch. 47-04.1
Ohio	90% of replacement cost, condos, raised from 80% of fair market value by SB 61 in 2022 (ORC 5311.16)	Funds in custody plus 3 months operating expenses (ORC 5311.16 / 5312.06)	None	None	Ohio Rev. Code 5311.16
Oklahoma	No statutory percentage, insurance permissive (Title 60, Section 526)	Not statutorily set	None	None	Okla. Stat. tit. 60, Section 526
Oregon	No statutory percentage for condos (ORS 100.435); full replacement cost for planned communities, if reasonably available (ORS 94.675)	Funds held plus U.S. government obligations owned (ORS 100.435 / ORS 94.675)	None	None	Or. Rev. Stat. 100.435
Pennsylvania	80% of ACV (68 Pa.C.S. 3312, condos; 68 Pa.C.S. 5312, planned communities)	Not statutorily set	None	None	68 Pa.C.S. 3312
Rhode Island	80% of ACV (R.I. Gen. Laws 34-36.1-3.13)	Not statutorily set	None	None	R.I. Gen. Laws 34-36.1-3.13
South Carolina	No statutory percentage (S.C. Code 27-31-240)	Not statutorily set	None	None	S.C. Code 27-31-240
South Dakota	No statutory percentage (SDCL 43-15A-4)	Not statutorily set	None	None	SDCL 43-15A-4
Tennessee	80% of replacement cost (Tenn. Code Ann. 66-27-413)	Not statutorily set	None	None	Tenn. Code Ann. 66-27-413
Texas	80% of replacement cost or ACV (Prop. Code 82.111)	Not statutorily set	None	None	Tex. Prop. Code 82.111
Utah	100% of full replacement cost (Utah Code 57-8-43; 57-8a-405)	Not statutorily set	None	None	Utah Code 57-8-43
Vermont	80% of ACV (27A V.S.A. 3-113)	Required by statute, no dollar formula (27A V.S.A. 3-113)	None	None	Vt. Stat. Ann. tit. 27A, 3-113
Virginia	Full replacement value (Va. Code 55.1-1963)	Lesser of $1,000,000 or reserves + 1/4 annual assessments (55.1-1963)	None	None	Va. Code 55.1-1963
Washington	80% of ACV (RCW 64.90.470 post-2018; RCW 64.34.352 for 1990-2018 condos)	Required, no dollar formula under WUCIOA (64.90.470); not required under older Condo Act (64.34.352)	None	None	RCW 64.90.470
West Virginia	80% of ACV (W. Va. Code 36B-3-113)	Not statutorily set	None	None	W. Va. Code 36B-3-113
Wisconsin	Full replacement value, no percentage set (Wis. Stat. 703.17)	Not statutorily set	Reserve account required, no formal study mandated (Wis. Stat. 703.163)	None	Wis. Stat. 703.17
Wyoming	No statutory percentage (Wyo. Stat. 34-20-101 to 34-20-104)	Not statutorily set	None	None	Wyo. Stat. 34-20-101 to 34-20-104

51 jurisdictions (50 states and the District of Columbia). Click any state for the full statute-cited page, market context, and the association types most active there.

Common questions

HOA and condo insurance requirements by state: what boards and CAMs ask

Does meeting my state minimum insurance requirement make my HOA compliant?

Not necessarily. A state statutory floor is a minimum, and lender warrantability standards (Fannie Mae, Freddie Mac, FHA) often require more, most notably 100 percent replacement cost with no coinsurance for a warrantable condominium. Several states set an 80 or 90 percent floor, or none at all, which sits below what a lender review expects. Meeting the state minimum can still leave a master policy that fails a lender or a governing-document requirement.

Why do so many states show no statutory percentage?

Many states do not fix a replacement-cost percentage in the code. Instead the required amount is set by the association's declaration and bylaws, and in practice by the lender warrantability standard. That is why reading the governing documents is the starting point in those states rather than reciting a statutory number. The table notes those states honestly rather than inventing a figure.

Which states require a structural reserve study or milestone inspection?

Florida is the most prescriptive, requiring a Structural Integrity Reserve Study and a milestone inspection for condominium buildings of three or more stories. Several other states have their own reserve-study review cycles or newer structural-integrity requirements, shown in the reserve and milestone columns. Most states set no milestone-inspection requirement at all. Confirm your building's specific obligation against the current statute, since these timelines have been revised across recent legislative sessions.

Free coverage review

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