Find the Best Homeowners Insurance Rates & Companies in Pennsylvania
The cost of homeowners insurance in Pennsylvania averages $931 annually. Pennsylvania's home insurance rates are considerably more affordable than the current US average of $1,211 per year. Residents in Pennsylvania save a lot of money on their home coverage when compared to most other US states.
This year, average home, condo, and townhouse prices in Pennsylvania are expected to reach about $464,000. Putting so much money towards your home leaves you vulnerable to huge financial losses if it's not properly protected. Without home insurance, homeowners could have to pay out of pocket for damage or destruction caused by a number of disasters like fires.
Fortunately, an independent insurance agent in Pennsylvania can get you set up with the right kind of home insurance ASAP. But up first, let's break down home insurance requirements and more in Pennsylvania.
Best Homeowners Insurance Companies in Pennsylvania
When shopping for home insurance, skip ahead to the very best options available. To make the process easier, we've gone ahead and created a list of just a few of the best home insurance companies in Pennsylvania. Here's a handful of our top-rated carriers.
- Nationwide: Founded in 1926, Nationwide is nearly a century strong in the industry. Nationwide provides home insurance products along with tons of other personal and business coverages. The insurance company has highly customizable policies and an "A+" rating for financial strength from AM Best.
- Progressive: Founded in 1937, Progressive also sells home insurance along with tons of other products. Progressive has an excellent rating from AM Best and offers 24/7/365 customer service and many discount options.
- Travelers: Founded in 1864, Travelers too sells home insurance and many other coverages. The carrier has the highest possible financial strength rating of "A++" from AM Best and has a reputation for providing top-notch customer service.
- The Hanover: Founded in 1852, The Hanover also sells home insurance and tons of other products. The insurance company has an "A" rating from AM Best and offers coverage through a large network of independent insurance agents.
A Pennsylvania independent insurance agent can help you browse affordable home insurance options from these top-rated carriers.
What Can Homeowners Insurance in Pennsylvania Cover?
The most common natural disasters in Pennsylvania include floods, severe storms, winter storms, and tropical storms. Having coverage for your home against all these disasters is critical to prevent out-of-pocket losses. Working with a Pennsylvania independent insurance agent is a great way to get set up with a home insurance policy that protects your home against all common disasters in your area. However, keep in mind that home insurance doesn't ever cover natural flood damage, even from severe weather.
Tropical Storms, Severe Storms, and Winter Storms
Since tropical storms, severe storms, and winter storms happen frequently in Pennsylvania, you'll need to ensure that your home is protected. Home insurance can reimburse for damage or destruction to your home's structure or your personal belongings caused by wind damage, snow and ice damage, lightning strikes, and more. So a regular home insurance policy can reimburse you for many of Pennsylvania's most common disasters.
Flood Damage in Pennsylvania
However, your home insurance policy won't reimburse you for losses caused by natural flood damage to your property, such as after a rainstorm in Pennsylvania. So, you'll need to add a flood insurance policy to protect your property against natural water damage. Though it's not required by law, having flood insurance can help you save potentially thousands of dollars after a single disaster that causes extensive property damage.
The basic coverages included in a Pennsylvania home insurance policy are:
- Dwelling: Reimburses you for losses after your home's structure gets vandalized or damaged/destroyed by a covered disaster.
- Loss of use: Reimburses you for certain extra costs like hotel rooms if you're forced to live somewhere else while your home gets repaired after a covered disaster.
- Personal liability: Reimburses you for legal costs if you get sued by a neighbor, guest, or another third party for claims of bodily injury or property damage.
- Personal property: Reimburses you for losses after your personal belongings, like furniture, clothing, silverware, etc., get stolen or damaged/destroyed by a covered disaster.
A Pennsylvania independent insurance agent can help you find a home insurance policy that gets the job done right.
What Won't Homeowners Insurance in Pennsylvania Cover?
In addition to natural flood damage, there are still other disasters that are not covered by Pennsylvania home insurance. Earthquake damage is also not covered by standard home insurance, however, earthquakes are luckily not a common concern in Pennsylvania. But there are other common disasters not covered by home insurance that you need to be aware of, like:
- Normal property wear and tear
- Incidents involving your personal vehicles
- Home-based business losses (unless you added an endorsement)
- Insect or pest infestation of the home
- Sewer backup or breakage damage
- Home upkeep costs
Flood and sewer backup damage in Pennsylvania
Another type of flooding not covered by home insurance is that caused by sewer backups or breaks. To get coverage against this messy disaster, consider adding a sewer backup endorsement to your home insurance policy. A Pennsylvania independent insurance agent can help you.
Average Cost of Homeowners Insurance in Pennsylvania
Residents of Pennsylvania save a good bit of money on their home insurance, which costs an average of $931 annually. Overall, Pennsylvania ranks as having the 40th highest rates for home insurance in the entire country. With current US home insurance prices averaging about $1,211 annually, expect to save quite a bit on your home insurance policy in Pennsylvania compared to many of your neighbors.
Average Pennsylvania Home Insurance Costs by City
Home insurance prices also vary by city. Factors including local property values and crime rates, as well as the city's vulnerability to storms and severe weather, can impact home insurance rates in each area. In Pennsylvania, home insurance in Oil City averages just $526 per year, which is the lowest for the state. However, in Malvern, home insurance averages $1,734 per year, which is the highest rate in Pennsylvania.
Average Pennsylvania Home Insurance Costs by City
National average burglary rate 3.76 per 1,000 people
National average home value $269,000
National average home insurance cost $1,428 year
| City | Annual insurance cost | Avg. home value | Burglaries (per 1k residents) |
| Allentown | $756 | $121,800 | 5.54 |
| Altoona | $577 | $86,993 | 3.74 |
| Bensalem | $1,364 | $249,000 | 3.24 |
| Bethlehem | $928 | $167,700 | 2.85 |
| Bloomsburg | $694 | $127,565 | 1.91 |
| Butler | $804 | $98,485 | 12.43 |
| Carlisle | $954 | $175,345 | 2.29 |
| Chambersburg | $900 | $156,970 | 4 |
| Chester | $553 | $68,575 | 8.23 |
| Cranberry Twp. | $1,549 | $307,900 | 1.98 |
| Dover | $786 | $149,414 | 1.01 |
| Dunmore | $904 | $160,266 | 3.47 |
| Easton | $722 | $133,613 | 1.75 |
| Erie | $587 | $89,000 | 5.73 |
| Greensburg | $746 | $131,067 | 3.26 |
| Hanover | $864 | $155,853 | 2.77 |
| Harrisburg | $641 | $87,183 | 8.25 |
| Hazleton | $549 | $65,600 | 5.11 |
| Hermitage | $787 | $141,010 | 2.82 |
| Indiana | $650 | $115,967 | 2.6 |
| Johnstown | $744 | $101,801 | 9.33 |
| King of Prussia | $1,653 | $307,709 | 6.48 |
| Lancaster | $673 | $112,155 | 4.3 |
| Langhorne | $1,741 | $362,131 | 2.58 |
| Lansdale | $1,305 | $230,887 | 4.69 |
| Lebanon | $582 | $91,250 | 5.05 |
| Malvern | $1,734 | $357,154 | 0.57 |
| Milford | $1,486 | $292,138 | 3.07 |
| Monroeville | $800 | $147,100 | 2.05 |
| New Castle | $671 | $81,588 | 10.63 |
| Norristown | $886 | $160,134 | 2.76 |
| Oil City | $526 | $62,208 | 0.5 |
| Philadelphia | $896 | $154,000 | 4.45 |
| Phoenixville | $1,167 | $224,587 | 0.48 |
| Pittsburgh | $762 | $120,800 | 6.04 |
| Pottstown | $807 | $132,713 | 5.37 |
| Pottsville | $606 | $71,047 | 2.26 |
| Reading | $649 | $76,100 | 9.7 |
| Scranton | $700 | $109,500 | 5.93 |
| State College | $1,523 | $300,326 | 0.6 |
| Upper Darby | $606 | $105,600 | 2.98 |
| West Chester | $1,714 | $336,775 | 3.38 |
| West Mifflin | $553 | $101,678 | 1.69 |
| Whitehall | $816 | $154,433 | 1.16 |
| Wilkes-Barre | $591 | $76,638 | 8.48 |
| Williamsport | $631 | $108,184 | 3.46 |
| York | $554 | $77,773 | 6.77 |
Popular Questions about Pennsylvania Home Insurance
The average annual cost of Pennsylvania home insurance is $931, which breaks down to about $78 per month. Pennsylvania has the 40th highest cost of home insurance in the US overall.
Home insurance in Pennsylvania includes standard protections for your home's structure, your personal belongings, additional living expenses, and liability. However, you can add more coverage to your policy if you need it, such as endorsements for sewer backups or home-based businesses.
The most common home insurance claims reported in Pennsylvania include:
- Flooding and water damage
- Severe storms and lightning damage
- Hurricanes and tropical storms
- Heavy snow
- Burglary and other property crimes
Make sure to get a home insurance policy that can protect your home against all of these disasters. For flood claims, you'll need additional flood insurance.
Many factors go into calculating the costs of your home insurance premiums in Pennsylvania. These include:
- Your claims history
- Your home's age and value
- Local crime rates
- Local property values
- Any potential dangers on your property (such as trampolines)
Home insurance is not mandated by Pennsylvania state law. However, mortgage lenders for homes almost always require you to have a home insurance policy. So even if it's not dictated by state law that you get coverage, you'll most likely end up needing it either way.
Our research found that the top home insurance companies in Pennsylvania include Nationwide, Progressive, Travelers, and The Hanover. These companies were selected based on product offerings, discounts, rates, customer reviews, and more.
Home insurance in Pennsylvania is not required by state law, but it is often required by home mortgage lenders.
There's no such thing as a one-size-fits-all insurance policy. With a wide variety of products and options at your disposal, you might need help from a professional to choose what you really need.
Pennsylvania independent insurance agents can help you choose the right policies and options to meet your specific coverage needs. Because they're independent, these agents can work with several of the best home insurance companies in Pennsylvania to find you the right coverage at a great price.
Do You Know What Your Home Insurance Covers in Pennsylvania?
Average Cost of Home Insurance Near You
The average monthly cost of home insurance in Allentown, PA is $91. This rate is just an average, the price of your policy can vary depending on a number of factors, including your personal claims history, local crime rates, your home's value, and more.
The most common homeowners insurance claim in Allentown is property damage. Fortunately for victims of property crimes, a standard home insurance policy can reimburse for damage or destruction caused by acts of vandalism. Home insurance can also reimburse for stolen or destroyed personal property.
The average monthly cost of home insurance in Erie, PA is $80. Home insurance costs can vary by policy based on a number of things, like your claims history, your home's age and value, factors about your neighborhood, and more.
The most common homeowners insurance claim in Erie is fire damage. Fortunately, home insurance covers fire damage to the home in many cases. You can receive reimbursement for personal property damage and destruction, as well as for damage or destruction to your home's structure and even additional structures like sheds.
The average monthly cost of home insurance in Pittsburgh, PA is $95. Keep in mind that your home insurance rates may vary depending on the age and value of your home, your personal claim's history, and more.
The most common homeowners insurance claims in Pittsburgh include freezing and water damage. The extreme cold during Pittsburgh's winters can cause pipes to freeze and burst. Fortunately a home insurance policy can help reimburse you for water damage caused to your home by frozen pipes, in many cases.
The average monthly cost of of home insurance in Reading, PA is $86. Your policy's costs may be higher or lower, however, due to several factors, including your home's age and value.
The most common homeowners insurance claim in Reading is water damage. Your home insurance policy can cover certain kinds of water damage to the home, but not all. Water damage caused by natural sources, such as heavy rainfall and tsunamis, is not covered by home insurance. For this kind of water damage, talk to an independent insurance agent about adding a flood insurance policy.
The average monthly cost of home insurance in Upper Darby, PA is $81. Your home insurance rates may vary depending on the size and age of your home, local crime rates, and many other variables.
The most common homeowners insurance claim in Upper Darby is theft. Fortunately, a home insurance policy can reimburse you for damage or destruction to your home due to theft and break-ins or vandalism. It can also help reimburse you for damaged or stolen personal property.
https://www.problempropertypals.com/blog/pennsylvania-housing-market-trends-2022-2023/
https://crisisequipped.com/what-natural-disasters-occur-in-pennsylvania/