Best Pennsylvania car & homeowners insurance as rated by customers in 2023
In Pennsylvania, bundling your insurance policies can save you a significant amount of money. Many insurance companies offer a discount to customers who bundle their car insurance with their homeowners insurance or another type of insurance. If you bundle, you could see a discount of between 5-25 percent on your insurance in most cases.
In addition to savings, there are other benefits to bundling your insurance in Pennsylvania. Your policies will be grouped together with one premium amount. This avoids having to pay multiple insurance bills and simplifies your process. Find out if bundling your insurance in Pennsylvania is a good idea for you.
Pennsylvania car insurance minimum requirements
- Bodily injury — $15,000 per person
- Bodily injury — $30,000 per accident
- Property damage — $5,000 per accident
- $5,000 per accident
Visit our blog to learn more about car insurance in Pennsylvania.
Pennsylvania disaster statistics
Weather-related incidents are typically among the costliest homeowners insurance claims. FEMA has published statistics for each state since 1953. Data is updated through August 2018. Here’s a look at the Pennsylvania federally declared disasters since 1953:
- Flood - 26
- Severe storm - 16
- Hurricane - 8
- Snow - 5
- Tornado - 2
- Severe ice storm - 1
Visit our blog to learn more about homeowners insurance in Pennsylvania.
Average Pennsylvania car and homeowners insurance rates
The following statistics show average prices for car and homeowners insurance in Pennsylvania for 2015, according to Insurance Information Institute data. The combined price is a calculation done by Clearsurance for illustrative purposes.
- Average Pennsylvania car insurance expenditure - $878.18
- Average Pennsylvania homeowners insurance premiums - $913
- Combined average Pennsylvania car and homeowners rates - $1,791.18
To put the potential savings by bundling in perspective, if a Pennsylvania resident received a discount of 10 percent for bundling their car and homeowners insurance policies, they’d save an average of about $180 a year. If they earned a 20 percent discount, they could see an average savings of more than $350 a year by bundling. Read on to learn more about the potential benefits of bundling your car and homeowners insurance policies.
Save by bundling car and homeowners insurance in Pennsylvania
Among the benefits of purchasing car insurance and homeowners insurance from the same company in is the savings you may see on both policies. Many Pennsylvania insurance companies offer a multi-policy discount for bundling car and home (or other policies like life insurance or renters insurance). So instead of paying a full premium price for car insurance with one company and full price for homeowners with a different insurer, you could see discounted rates on both car and home by purchasing both policies from one carrier.
Interested in learning more about the potential savings you could receive by bundling your policies in Pennsylvania? Find an insurance company you’re interested in on the rankings table and visit its profile page where we’ve listed the discounts the company offers. The amount of savings you’ll see will depend on the insurer and your own situation, so it’s best to call the company or your agent to find more detailed information on specific discounts.
Convenience of bundling car and homeowners insurance policies in Pennsylvania
Keeping track of one policy, the payments, the paperwork and the renewal date is more than enough to make your head spin. Throw in multiple policies with different insurance companies and it can be maddening. But what if everything for your car and home was in one place?
Beyond just the potential savings, the convenience of having both policies with the same company can often be worth bundling with one company — if you can find an insurer you feel confident in that sells both products in Pennsylvania. Having one renewal date, less paperwork and one insurance company to call can make insuring a car and home a lot more manageable in Pennsylvania.
Other benefits of bundling in Pennsylvania
While it isn’t pleasant to think about, situations do arise where policyholders need to file a claim for their home and car at the same time. Take for instance, a severe windstorm that drops a tree on your car and home, or a fire that causes damage to your car and home. In the event you have to file a claim on both policies, some Pennsylvania insurance companies only require you to pay one deductible, limiting your out-of-pocket costs. Plus, you’ll only have to deal with one company during the claims process instead of two.
Bundling doesn’t stop at car and homeowners
While the rankings on this page are only for companies that sell both car and homeowners insurance in Pennsylvania, that isn’t to say you can’t bundle additional policies with the same company. If you have life insurance, renters insurance, motorcycle insurance, boat insurance, etc., it’s worth researching whether the company also offers coverage for these products.
The convenience and savings doesn’t need to stop at just car and homeowners insurance. By bundling additional products, you could see a higher percentage discount.
When bundling may not make sense in Pennsylvania
In some instances, bundling your car and homeowners insurance won’t result in savings. Even with a multi-policy discount, sometimes you’ll pay less by having your car and homeowners insurance with different companies in Pennsylvania.
What are some situations where this may be the case? If you have a poor driving record or young drivers on your policy resulting in expensive premiums, sometimes you can find cheaper rates with a company that may not offer homeowners insurance in Pennsylvania or offers a good deal on car insurance. Of course, while price is important, you never want to sacrifice quality to save a couple bucks, so make sure to read insurance company reviews and ratings before making a decision.
Likewise, if you live in an area prone to natural disasters with high risk, it can result in expensive homeowners insurance rates. In these cases, it may pay to shop for policies with separate companies in addition to receiving bundled quotes.
How Clearsurance rates and ranks insurance companies in Pennsylvania
Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:
- Customer Service
- Claim service
- Likelihood to renew
The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better.
Finally, there is also a confidence factor based upon the number of reviews a company has by product. If the total number of reviews is less than 100, then a confidence deduction is applied to the star rating. The maximum impact of this deduction occurs when there are less than 25 reviews. Companies with 100 or more reviews, aged two years or less, receive 100% weighting (no deduction), while companies with 50 to 99 customer reviews receive a weighting of .95%, 25 to 49 reviews receive a weighting of .90% and companies with less than 25 reviews a weighting of .85%.
The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings.