Best Homeowners Insurance in Pennsylvania for 2022 Bankrate

Best Homeowners Insurance in Pennsylvania for 2022 Bankrate

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Best homeowners insurance in Pennsylvania for 2022

June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Mariah Posey is an auto and homeowners insurance writer and editor for Bankrate.com. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance. Updated Nov 07, 2022

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Collapse Caret Up Price alone doesn't tell the full story when shopping for new insurance. In addition to low premiums, the best homeowners insurance in Pennsylvania offers superior customer service and robust coverage to insure your home, belongings and personal liability. To help you find the best home insurance companies, Bankrate researched dozens of Pennsylvania home insurance carriers to give you a curated selection of the very best options. Collapse

On This Page

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The Bankrate promise

Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first.

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Price alone doesn't tell the full story when shopping for new insurance. In addition to low premiums, the best homeowners insurance in Pennsylvania offers superior customer service and robust coverage to insure your home, belongings and personal liability. To help you find the best home insurance companies, Bankrate researched dozens of Pennsylvania home insurance carriers to give you a curated selection of the very best options. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

Leaving so soon Your custom quotes are just minutes away

Return to form Key takeaways Compared to nearby states, the average cost of homeowners insurance in Pennsylvania is about 40% less than New York and 31% less than Maryland for $250,000 in dwelling coverage. USAA, Chubb and Erie offer some of the best Pennsylvania homeowners insurance with the most affordable premiums on our list. Price alone doesn't tell the full story when shopping for new insurance. In addition to low premiums, the best homeowners insurance in Pennsylvania offers superior customer service and robust coverage to insure your home, belongings and personal liability. To help you find the best home insurance companies, Bankrate researched dozens of Pennsylvania home insurance carriers to give you a curated selection of the very best options. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

Leaving so soon Your custom quotes are just minutes away

Return to form Key takeaways Compared to nearby states, the average cost of homeowners insurance in Pennsylvania is about 40% less than New York and 31% less than Maryland for $250,000 in dwelling coverage. USAA, Chubb and Erie offer some of the best Pennsylvania homeowners insurance with the most affordable premiums on our list. Price alone doesn't tell the full story when shopping for new insurance. In addition to low premiums, the best homeowners insurance in Pennsylvania offers superior customer service and robust coverage to insure your home, belongings and personal liability. To help you find the best home insurance companies, Bankrate researched dozens of Pennsylvania home insurance carriers to give you a curated selection of the very best options. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

Leaving so soon Your custom quotes are just minutes away

Return to form Key takeaways Compared to nearby states, the average cost of homeowners insurance in Pennsylvania is about 40% less than New York and 31% less than Maryland for $250,000 in dwelling coverage. USAA, Chubb and Erie offer some of the best Pennsylvania homeowners insurance with the most affordable premiums on our list. Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X

How Bankrate chose the best home insurance companies in Pennsylvania

Finding the best home insurance companies in Pennsylvania starts with developing a metric to grade companies. Bankrate's insurance experts analyzed dozens of home insurance carriers based on average rate data, policy options and discounts, online accessibility and more. We also collected information on insurers' performance in customer service rankings by and financial strength ratings from AM Best. To summarize our findings, we developed our proprietary Bankrate Score. Carriers are rated on a five-point scale based on their performance in key categories, including financial strength, customer satisfaction, national availability, coverage options and discounts, and digital policy management tools. Home insurance companies that performed well in these categories earned a higher overall Bankrate Score - the highest possible being 5 out of 5 points. You can use these Scores to quickly analyze carriers and narrow down which ones you might want to request quotes from.

Bankrate utilizes Quadrant Information Services to analyze 2022 current rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000, $750,000 Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000, $75,000 Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000, $375,000 Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000, $150,000 Coverage E, Liability: $300,000, $300,000, $300,000, $300,000, $500,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores are calculated on a five-point scale and primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.

To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody's had the most impact on the companies' Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider.

While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.

Best home insurance companies in Pennsylvania

To see how the largest home insurance companies by market share in Pennsylvania stack up, we obtained current premium information from Quadrant Information Services. We also analyzed each provider's J.D. Power score, AM Best financial strength rating, available coverage, discounts and policy features. Based on our findings, USAA, Erie and Chubb offer some of the in Pennsylvania. But if you're looking for other options, the full list is below and might give you a good place to start: Insurance company Average annual premium J.D. Power AM Best Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $708 J.D. Power 884 /1,000 AM Best A++ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $612 J.D. Power 827 /1,000 AM Best A+ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $1,038 J.D. Power 809 /1,000 AM Best A++ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $877 J.D. Power 816 /1,000 AM Best A+ (Superior) Average annual premium $1,080 J.D. Power Not rated AM Best Not rated Powered by Coverage.com (NPN: 19966249) This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. *Not officially ranked with J.D. Power due to eligibility restrictions **Average rates are for annual policies with $250,000 in dwelling coverage This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

Leaving so soon Your custom quotes are just minutes away

Return to form Key takeaways Compared to nearby states, the average cost of homeowners insurance in Pennsylvania is about 40% less than New York and 31% less than Maryland for $250,000 in dwelling coverage. USAA, Chubb and Erie offer some of the best Pennsylvania homeowners insurance with the most affordable premiums on our list. Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview USAA scored the highest in the , although it is not eligible for ranking due to its membership-based policies. USAA provides typical and add-ons that customers can choose from. However, only active or former military members and their families have access to USAA's insurance policies and exclusive benefits. Active personnel and eligible family stationed at one of the Army or Navy bases in Pennsylvania may qualify for USAA membership. Veterans and retired members of the Armed Forces can also join. Pros and cons CheckmarkPros High customer satisfaction ratings Unique, military-focused coverage Close XCons Strict eligibility requirements Only a few local offices outside of the major cities in Pennsylvania Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Because Erie is a Pennsylvania-based regional insurer, its agents may be more familiar with the needs of homeowners in the state than larger carriers. Founded in 1925, Erie currently has offices in , including Pittsburgh, Philadelphia, Allentown and Harrisburg. The company maintains an A+ (Superior) financial strength rating from AM Best, indicating its sound financial position. However, Erie did score below average in the "Service" category, which is backed up by customer complaints regarding the company's mobile app. Pros and cons CheckmarkPros Local agents may be more in tune with the Pennsylvania market Multiple coverage add-ons are available Close XCons Mobile app may lack some functionality Homeowners quotes are not available online Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview Chubb specializes in feature-rich home insurance for higher-value properties. Some endorsements that are optional (or unavailable) with other companies come standard with Chubb, such as extended replacement cost coverage. Discounts may be earned for different scenarios, like bundling home and auto insurance, being claims-free, installing security devices and more. Chubb could be an excellent option for high-net-worth homeowners in Pennsylvania who are in search of robust home insurance coverage. However, it is worth noting that Chubb scored below industry standard in the . It also fell below average in the 2022 J.D. Power Home Insurance Study. Pros and cons CheckmarkPros Plenty of endorsement options A++ (Superior) financial strength Close XCons Lower-than-average scores in J.D. Power studies Online quotes unavailable Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Nationwide's home insurance policy comes with many optional add-ons that could be useful for homeowners with a high-value or new home. For example, its Better Roof Replacement endorsement ensures that if your roof is damaged due to a covered claim, you could replace the roof with stronger and safer roofing materials. However, Nationwide scored below segment average in the 2022 J.D. Power Home Insurance Study and had per the National Association of Insurance Commissioners (NAIC). Shoppers that prioritize customer service may want to read policyholder reviews before making the switch. Pros and cons CheckmarkPros Unique endorsements available A+ (Superior) financial strength rating per AM Best Close XCons Ranked below average in 2022 J.D. Power Home Insurance Study Higher-than-baseline amount of complaints with the NAIC Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: Avg. annual premium for 250k dwelling $ Company overview PURE is another home insurance carrier tailored to . It offers flexible options for rebuilding your home, and its guaranteed home replacement cost means that even if your home's repairs exceed the dwelling coverage limit of your policy, you could still rebuild your home to the same standard before the covered loss. There are other options as well, like a waiver of deductible, jewelry coverage, sewer and drain backup coverage and more. Because of all these extra benefits, PURE's average cost of homeowners insurance in Pennsylvania may be more expensive than some of its competitors. Pros and cons CheckmarkPros Unique coverage offerings specifically geared towards luxury homes A+ (Superior) financial strength rating from AM Best Close XCons Policies are only designed for luxury homes worth $1 million or more Not rated by J.D. Power Explore Bankrate's review

How much is homeowners insurance in Pennsylvania

The in Pennsylvania costs $786 per year for $250,000 in dwelling coverage. This is significantly lower than the national average annual premium of $1,383. Pennsylvania homeowners also pay less than homeowners in neighboring states such as New York, where the average premium is $1,289 annually, and Maryland, where coverage costs $1,136 annually. Low insurance premiums in Pennsylvania could be partially the result of the state’s low average home value and cost of living compared to other states.

Pennsylvania city Average annual premium for $250K dwelling coverage Allentown $676 Erie $761 $1,132 Pittsburgh $757 Reading $660

Home insurance in Pennsylvania

Every state has unique considerations when it comes to home insurance. In Pennsylvania, natural disasters are relatively common, which can affect the average cost of coverage in your area. Understanding the common causes of loss in Pennsylvania might help you choose appropriate coverage limits.

Common causes of loss in Pennsylvania

Homeowners insurance companies in the state of Pennsylvania incurred nearly in 2021, according to the Insurance Information Institute (Triple-I). Pennsylvania has numerous perils and hazards homeowners should be prepared for. When shopping for home insurance, consider the following perils that are most common across the state: Fires: Parts of Pennsylvania are mountainous regions or heavily wooded. During drier times of the year, fire risk is higher. Residents who live in areas at risk for wildfires should be most vigilant during spring and autumn. Frozen pipes: Cold winters and older homes may cause pipes to . Insulating pipes, even with newspaper, could help prevent damage, according to Pennsylvania American Water. Snowstorms: Heavy snow events occur regularly during the winter months in Pennsylvania and nor'easters and blizzards that can generate two feet or more of snow are possible. Heavy snow can cause damage to roofs, which can then lead to interior damage. Floods: Pennsylvania experienced extensive flooding from the remnants of Hurricane Ida in summer 2021. Parts of Schuylkill, Lebanon and Dauphin counties are particularly . There may also be additional perils that are not covered by a standard Pennsylvania homeowners insurance policy and may require additional coverage. Consider speaking to your insurance professional to make sure you are covered against common perils in your area.

Home insurance coverage options in Pennsylvania

Residents of the Keystone State may want to consider home insurance add-ons that protect their property and belongings against the state’s unique perils. Some coverage types that Pennsylvania homeowners might consider include: : Flood insurance coverage typically has to be purchased separately since flood-related damages are not covered by a standard home policy. Flood coverage is offered through the and through some private insurers. If you live in a high-risk flood zone, a flood policy may be required. : Opting for replacement cost coverage could provide you with enough coverage to purchase a new version of damaged or destroyed personal property at today’s cost. Additionally, you might be eligible for replacement cost coverage for the structure of your home, which could help to fully cover rebuilding costs if your house is destroyed. : Pennsylvania is amongst the six states However, the damage is not covered through a standard home insurance policy. Adding sinkhole coverage could save you tens of thousands of dollars should one damage your property. : Some water damage is automatically covered by home insurance policies. But if water backs up in a sewer or drain line and damages your home, you have to have this endorsement to have coverage.

Frequently asked questions

USAA, Erie, Chubb, Nationwide and PURE are among the best Pennsylvania homeowners insurance companies, according to Bankrate's analysis. To find out which carrier most suits your needs and , it's recommended to request quotes from multiple carriers. Try to make sure that in your initial quotes, all coverage and policy limits are the same so you can compare most accurately. This way, if a carrier offers you a cheaper price for your desired coverage, you can ensure it isn't because the quote had lower limits or missing coverage.

To obtain quotes from Pennsylvania homeowners insurance companies, you can start online, call the company or work with a local insurance agent. For a , you'll need your name, address, date of birth and potentially your Social Security number. You'll also need to provide some basic information about your home, including the year it was built, how old the roof is and details about any custom features. Once you have a quote and want to purchase the policy, a company representative can walk you through the next steps.

Standard Pennsylvania homeowners insurance policies do not typically cover flooding. However, you could ask your insurance professional about options to . Many companies can help you purchase a policy from the NFIP, but some carriers also offer private . Written by June Sham Insurance Writer June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Mariah Posey is an auto and homeowners insurance writer and editor for Bankrate.com. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.
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