Best and Cheapest Homeowners Insurance in Pennsylvania for 2024

You probably don't want to think about the potential need to file one or more homeowners insurance claims over your time as a homeowner, but it can happen! The reality is that there are many things that can happen that would require you to file a claim, such as a fire, a burglary, or an injury to a third party. Having one of the best Pennsylvania insurance companies can put your mind at ease that if something were to happen, it would be handled properly.

To help you be more confident in your homeowners' insurance company choice, we have reviews and rankings for hundreds of homeowners insurance companies so you can evaluate and compare the best Pennsylvania home insurance companies. In the table above, you can sort through every homeowner's insurance company ranked on Clearsurance that's available in Pennsylvania. Next to each insurer, you'll find the company's rating, which is based exclusively on the reviews and ratings provided by customers. Note: Only those companies with at least 25 homeowners insurance reviews are eligible to appear in the Pennsylvania homeowners insurance rankings.

It is important to know as much as you can about a homeowners insurance company and what their policies cover before signing on with them. A talk with a licensed insurance agent can help answer some questions you might have. Questions to consider asking include, "What does your average home insurance policy cover?" "What is the average cost of homeowners insurance in my area?" and "What coverage options do I have?" Ask questions and learn as much as you can about the company that protects your home.

If you're looking for additional information on one of the best homeowners insurance companies in Pennsylvania, you can visit the company's profile page where you'll learn about the company, additional coverages, and potential discounts offered. You can also read reviews to see what other policyholders have to say about the home insurance company.

On this page:

• Best homeowners insurance rates in Pennsylvania for a $200K dwelling
• Best homeowners insurance rates in Pennsylvania for a $400K dwelling
• Pennsylvania crime statistics
• Pennsylvania disaster statistics

Who offers the best homeowners insurance rates in Pennsylvania for a $200K home?

Out of the five most popular homeowners insurance companies in Pennsylvania, Allstate is the cheapest homeowners insurance option, on average, for a Pennsylvania home worth about $200K.

In the table below, you can compare average homeowners insurance rates for a $200K home from the top five largest companies in Pennsylvania by market share.

These rates are based on a $200,000 dwelling with the following coverage limits: $100,000 personal property, $20,000 loss of use, $20,000 other structures, $300,000 liability and $5,000 medical. The policy has a $1,000 deductible. The house used for the profile was constructed in 2004 and the individual had a good insurance score. The rates displayed should only be used for comparative purposes as individual rates in Pennsylvania will differ. Rate data is provided by Quadrant Information Services.

Who offers the best homeowners insurance rates in Pennsylvania for a $400K home?

Out of the five most popular homeowners insurance companies in Pennsylvania, Allstate provides the cheapest homeowners insurance coverage, on average, for a home worth about $400K in Pennsylvania.

The table below shows you average homeowners insurance rates for a $400k home in Pennsylvania from the five most popular companies in the state.

These rates are based on a $400,000 dwelling with the following coverage limits: $200,000 personal property, $40,000 loss of use, $40,000 other structures, $300,000 liability and $5,000 medical. The policy has a $1,000 deductible. The house used for the profile was constructed in 2004 and the individual had a good insurance score. The rates displayed should only be used for comparative purposes as individual rates in Pennsylvania will differ. Rate data is provided by Quadrant Information Services.

What do Pennsylvania's property crime statistics indicate?

Theft and vandalism or malicious mischief are among the 16 perils a standard homeowners insurance policy protects you from. So, how does crime in Pennsylvania compare to other states around the country? The FBI published the following statistics on crime in Pennsylvania for 2016:

• Property crime - 222,795
• Burglary - 35,520
• Larceny theft - 174,228

Make sure that you have personal property coverage to protect yourself from incidents such as burglary and vandalism. You might also consider adding extra coverage, like a burglar alarm or an alarm system.

What are Pennsylvania's disaster statistic rates?

When compared to the national average rate per 100,000 inhabitants, all three crime statistics for Pennsylvania rank below the national average.

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

How are homeowners insurance rates calculated in Pennsylvania?

Ever wonder why you pay what you do for home insurance in Pennsylvania? Some things may be obvious, like the age of your home. But other factors that contribute to the price of home insurance may not be as obvious. Here's a list of some of the things homeowners insurance companies consider when quoting you a rate:

• The level of coverage required
• The size of your mortgage
• Your credit score
• The square footage of your home
• The geographic location of your home in Pennsylvania
• The condition of your home
• The age of your home
• The proximity of your home to a fire station
• Your previous claims record
• The amount of your deductible
• Optional add-ons like umbrella insurance

Zillow estimates that homeowners can expect to pay approximately $35 each month for every $100,000 of your home's value.

The average cost of homeowners insurance in Pennsylvania is significantly lower than the national average annual premium. Homeowners in Pennsylvania pay less compared to surrounding states such as New York and Maryland. Low home insurance premiums in Pennsylvania may be due to the state's low average home value.

Natural disasters in Pennsylvania are quite common which can impact insurance costs. That's why it's important to understand the common causes of loss to choose the appropriate coverage. Homeowners should be prepared for hazards and perils such as: fires, frozen pipes, snowstorms, and floods.

Apart from the standard coverage (including dwelling coverage, liability coverage, personal property coverage, medical payments coverage and additional living expenses), residents in Pennsylvania may want to consider additional home insurance coverage options to protect their property and belongings against specific perils. Some coverage types may include: flood insurance, replacement cost coverage, sinkhole insurance, and water backup coverage.

It's a good idea to speak with an insurance agent to find out what additional coverage is necessary to protect you from additional perils.

How does Clearsurance rate and rank the best homeowners 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:

• Price
• 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 insurance 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.

Homeowners Insurance Guide

Your home is likely your most valuable asset, making it that much more important that you insure your home with one of the best Pennsylvania homeowners insurance companies. But beyond just picking a company, it's crucial to have the right coverage and to understand that coverage. Did you know that a standard homeowners insurance policy has six types of coverage? And did you know that there are usually 16 types of perils found in a homeowners insurance policy?

You can also talk to a licensed insurance agent about which homeowners insurance company would be right for you. You want to find the best homeowners policy for an affordable price. Be sure to ask questions about the quality of the home insurance policies, and how well they treat their customers.

At Clearsurance, we want to make sure you have a strong understanding of your homeowners insurance coverage and what it all means. Check out our homeowners insurance guide to become a smarter insurance customer. And for more educational content on other homeowners insurance topics, check out our homeowners insurance blog!