How Much Is Home Insurance In Pennsylvania? 2025 Rates
Home insurance in Pennsylvania costs an average of $1,236, per year. That is 25% less than the national average.
We’ve saved shoppers an average of $450 per year on their home insurance.
Since 2018, home insurance prices have been rising in Pennsylvania. While there was a small 0.3% decrease in 2018, costs have been increasing steadily since then. In 2023, homeowners in Pennsylvania faced a 7% hike in premiums as insurance rates went up across the country due to climate change.
With over 20 years of experience in the industry, I can say that home insurance prices are on the rise. However, with some effort and research, it’s still possible to find an affordable provider. Here’s all you need to know about home insurance prices in Pennsylvania.
Key Takeaways
The average cost of homeowners insurance in Pennsylvania is 25% less than the national average.
The most affordable insurance provider in the state is Allstate.
On average, Lancaster, Harrisburg, and York offer the lowest home insurance rates.
In Pennsylvania, the cost of home insurance increased by an average of 18% for those who renewed their policies last year.
The best way to find out how much you’ll pay for home insurance in Pennsylvania is to get quotes from several companies.
How Much Is Homeowners Insurance In Pennsylvania?
The average cost of homeowners insurance in Pennsylvania is $1,236 for $300,000 in dwelling coverage, which is lower than the national average. However, home insurance rates in the state have been increasing since 2023, largely due to the effects of climate change. More frequent and severe weather events, such as storms, floods, and wildfires, have raised the risk for insurers, leading them to adjust their rates accordingly.
This increase in premiums reflects the rising costs of repairing or replacing homes damaged by these extreme weather conditions, making home insurance more expensive for homeowners in Pennsylvania and across the country.
Average Home Insurance Cost In Pennsylvania- By Insurance Carrier
The average cost of home insurance in Pennsylvania can vary depending on the insurance carrier. Each insurance carrier evaluates factors such as location, the age of the home, and other considerations based on their own criteria and standards. For example, Allstate offers the lowest rates in Pennsylvania, while Travelers is one of the most expensive insurance providers.
Here are some examples of average home insurance prices by insurance carriers.
| Insurance Carrier | Average Annual Premium |
| Allstate | $821 |
| Farmers | $1,116 |
| Erie | $1,123 |
| USAA | $1,222 |
| State Farm | $1,132 |
| Nationwide | $1,315 |
| Travelers | $4,423 |
| Chubb | $1,455 |
Note: Independent agents can offer personalized advice and help you navigate the complexities of insurance, ensuring you get the right policy for your needs.
Average Home Insurance Cost In Pennsylvania- By Claims History
In Pennsylvania, your claims history can influence the cost of both car and home insurance. Insurance companies use your past claims to evaluate risk and set your premiums accordingly. Having just one claim can increase your annual premium by 24% in Pennsylvania.
| Number of Claims | Average Annual Premium |
| None | $1,236 |
| 1 | $1,543 |
| 2 | $1,965 |
Note: Even a small claim can lead to a premium increase, especially if it’s related to frequent or costly incidents.
Average Home Insurance Cost In Pennsylvania- By Credit Score
Credit score has a huge impact on home insurance rates in Pennsylvania. Having good credit can give you more choices and help lower your insurance costs. On the other hand, poor credit may make it harder to find insurance or result in higher premiums.
| Credit Score | Annual Average Premium |
| Poor (300-579) | $5,273 |
| Fair (580-669) | $3,563 |
| Good (670-739) | $2,464 |
| Very Good (740-799) | $1,236 |
| Excellent (800-850) | $925 |
Average Home Insurance Cost For New Homes In Pennsylvania
A newly-built home is less likely to have structural or internal problems, which reduces the chances of needing to file a claim. Aside from unexpected damage from severe weather, new homes generally don’t face many issues. As a result, they usually come with lower insurance rates, letting you purchase more coverage at a lower cost.
| Age of Home | Average Annual Premium |
| New | $884 |
| 10 | $1,236 |
| 20 | $2,734 |
| 30 | $4,166 |
Average Home Insurance Cost In Pennsylvania- By Coverage Amount
The amount of coverage you choose for your home insurance can significantly impact your premiums. Higher coverage amounts generally lead to higher insurance costs, as insurers need to cover more potential risk. The average cost of a home in Pennsylvania insured for $250,000 is $1,236 per year.
| Coverage Limit | Average Annual Premium |
| $100,000 | $916 |
| $250,000 | $1,236 |
| $500,000 | $2,595 |
| $750,000 | $3,674 |
| $1,000,000 | $5,356 |
| $2,000,000 | $11,356 |
| $3,000,000 | $24,135 |
Average Home Insurance Cost For Different Cities In Pennsylvania
The average cost of home insurance can vary significantly across different cities in Pennsylvania due to factors such as local risk, property values, and weather patterns. On average, Lancaster, Harrisburg, and York offer the lowest home insurance rates.
| City | Average Annual Premium |
| Allentown | $1,475 |
| Philadelphia | $2,504 |
| Lancaster | $994 |
| Pittsburgh | $1,405 |
| Reading | $1,074 |
| Bethlehem | $1,085 |
| Harrisburg | $1,004 |
| York | $1,036 |
| Chester | $1,334 |
| Hazleton | $1,136 |
How To Estimate Your Homeowners Insurance Policy Cost
Estimating the cost of your homeowners insurance policy is an important step in understanding your coverage options and budgeting for your home. While several factors influence the price, such as the value of your home, location, and the type of coverage you need, knowing how to estimate your premiums can help you make informed decisions.
Some of the major factors that companies use to determine your insurance price are as follows:
Location: Where your home is located affects your insurance rates. If your area is at risk for things like floods, storms, or wildfires, your premiums will likely be higher. Homes in busy cities with higher crime rates may also cost more to insure compared to those in quieter, rural areas.
Dwelling Coverage: This is the amount of coverage for the structure of your home. The higher the cost to rebuild or repair your home, the more you’ll pay for this coverage. The size, age, and materials of your home all impact this amount.
Credit Score: Insurers often look at your credit score to help set your premiums. A higher score usually means lower rates because it suggests you’re financially responsible, while a lower score can lead to higher premiums due to a higher perceived risk.
Note: Studies show that homeowners with poor credit may pay up to 50% more for insurance compared to those with excellent credit.
Liability: Liability coverage protects you if someone gets hurt on your property or if you damage someone else’s property. Choosing higher liability coverage increases your premium but gives you more protection if legal or medical costs arise.
How To Buy Home Insurance In Pennsylvania
Here are five key steps to help you buy home insurance in Pennsylvania:
Assess Your Coverage Needs
Before purchasing home insurance, evaluate how much coverage you need. Consider factors like the value of your home, personal belongings, and potential risks in your area (such as floods or severe weather). Ensure you have enough dwelling coverage to rebuild your home and sufficient personal property coverage to replace your belongings if damaged or stolen.
Compare Multiple Insurance Providers
It’s important to shop around and get quotes from several home insurance companies. Each insurer may offer different rates, coverage options, and discounts. Comparing policies will help you find the best combination of coverage and cost for your needs. You can do this online or by contacting independent agents.
Check for Discounts
Many insurance providers offer discounts that could lower your premiums. These might include discounts for bundling home and auto insurance, having a security system, or being claim-free. Ask about available discounts when getting quotes to ensure you’re getting the best possible price.
Understand the Policy Terms
Carefully read the terms of the home insurance policy to ensure it covers everything you need. Pay attention to things like exclusions, deductibles, coverage limits, and any additional riders (special coverage options). It’s essential to know exactly what is and isn’t covered to avoid surprises in case you need to file a claim.
Review Your Insurance Regularly
After purchasing home insurance, it’s important to review your policy annually, especially if there are significant changes to your home, such as renovations or new purchases. This ensures your coverage stays up to date and reflects the true value of your property. If needed, adjust your coverage or switch providers for better rates or coverage.
FAQs
Why is homeowners insurance in Pennsylvania so expensive?:
Homeowners insurance in Pennsylvania may seem higher due to factors like weather risks and property values, but overall, it is not considered much expensive compared to other states. Premiums are often manageable, and many factors can help lower costs, such as discounts and choosing the right coverage.
How much is homeowners insurance per month in Pennsylvania?
On average, homeowners insurance in Pennsylvania costs about $100 to $120 per month, which is fairly reasonable when compared to national averages. The cost can vary based on factors like coverage level, home size, and location.
Sources
⇅- PA Commonwealth of Pennsylvania – Pennsylvania insurance department
- Patch – Home insurance rates spike Nationwide: See impacts in PA
