Anyone looking for home insurance in Pennsylvania would do well to check a policy from Erie or Allstate, since both insurers have low prices and average-to-good ratings from industry organizations. In this review, we also compared policies from State Farm, USAA, and Penn National.
To find the best homeowners insurance in Pennsylvania, we evaluated all of the companies’ market shares, professional ratings, as well as the individual coverages and discounts each insurer has available for their customers.
The 5 Best Homeowners Insurance Companies in Pennsylvania
|Erie||Allstate||State Farm||Penn National||USAA|
|Our review||Our review||Our review|
|AM Best Financial Strength Rating||A+||A+||A++||A-||A++|
|J.D. Power Overall Customer Satisfaction Score (Relevant region)||5/5||3/5||4/5||Not rated||5/5|
|Online Quote Tool||X||✓||✓||X||✓|
|Compare rates||Compare rates||Compare rates||Compare rates||Compare rates|
Average Cost of Homeowners Insurance in Pennsylvania
The average premium for homeowners insurance in Pennsylvania is $931, according to data sourced from the National Association of Insurance Commissioners. The U.S. average for a homeowners insurance premium is $1,211, so Pennsylvania residents can expect to pay less for their home insurance than in many other states.
Quaker State residents who are looking into home insurance should also take into account the home’s size and age because these factors will affect how much a homeowner pays. Personal credit history is also an important factor in many homeowner policies.
Home Insurance Add-ons That Will Further Protect You-
Pennsylvania has state insurance legislation called the FAIR plan, which guarantees the availability of fire insurance for all homeowners. So anyone looking for that kind of coverage shouldn’t have a problem finding it.
However, many home insurance companies offer flood coverage separate from their main home policies, so homeowners interested in flood protection may have to pay extra for it. And since Pennsylvania has been affected by 5 of the 10 of the “most significant flood events by national flood insurance program payouts”, then it might be a good idea to look into flood insurance.
Finally, personal liability coverage is a smart choice, because it covers personal injury to others on the insured property, which could end up saving the homeowner from hefty legal fees in the event of an accident.
Helpful Resources for Pennsylvania homeowners
An excellent place to start learning about the finer points of homeowners insurance in Pennsylvania is in the homeowners insurance guide released by the state’s government. The guide covers the basic regulations surrounding home insurance in the state and offers a few tips, as well.
Aside from the guide, the Pennsylvania state government also maintains a helpful directory on homeowners insurance that includes links to important information like preparing for bad weather and how to conduct a home inventory.
People looking for homeowners insurance in Pennsylvania will also benefit from the Insurance Information Institute’s facts and statistics on homeowners and renters insurance, which includes interesting information on local homeowners insurance and the national industry overall.
Before looking into a personalized quote from a home insurance company, make sure to have details about the home on hand. Square footage, age of home, and building material are all helpful pieces of information to know when requesting a quote.
To find the best homeowners insurance in Pennsylvania, we started by looking at the companies with the largest market share in the state. Then we checked out the insurers’ customer satisfaction ratings at J.D. Power, as well as financial strength ratings at A.M Best and Moodys. Finally, we dug into what discounts and endorsements each company offers and how valuable they are to homeowners.
Best Pennsylvania Homeowners Insurance Companies
- Affordable prices in Pennsylvania
- Strong customer satisfaction
- No online quote tool
- Limited online resources
Based in the PA town of their namesake, Erie has been providing insurance in the area since 1925. The company offers guaranteed replacement cost, so homeowners won’t have to worry if their policy includes enough coverage.
Erie also offers auto insurance, and the company provides a multi-policy discount that ranges from 16% to 25% to people who decide to go with Erie for auto and homeowner insurance. However, Erie doesn’t offer many online resources—they prefer you speak with one of their agents.
This insurer received 4 out of 5 in terms of overall customer satisfaction from J.D. Power’s 2019 U.S. Home Insurance Study. And with an A+ rating from AM Best, Erie’s financial strength can be trusted by policyholders.
- Excellent coverage customization
- Many discounts available
- Average customer satisfaction
- Encourages live agents over online resources
Allstate is a name that many readers will already be familiar with, which speaks to the insurer’s strong presence in the industry. In Pennsylvania, our research found their average annual premium was one of the most affordable of all the insurers available.
The company’s home insurance policies include a wide range of coverage options and discounts, including coverage add-ons for flooding, mobile homes, and HostAdvantage®.
Allstate scored a 3 out of 5 for overall customer satisfaction in J.D. Power’s 2019 U.S. Home Insurance Study, and the company received at A+ financial strength rating from AM Best.
- Trustworthy financial strength
- Comprehensive online quoting
- Limited discounts for Pennsylvania residents
- Higher average rates than competitors
State Farm is the largest home and auto insurer in the United States and has been for decades. The company’s policies aren’t cheap. In fact, their average annual premium is one of the most expensive we found for Pennsylvania.
Aside from the high price of coverage, many of the discounts that State Farm offers are unavailable for Pennsylvanians, which is less than ideal. The company does feature an excellent online quote tool, that will help potential customers get an accurate picture of what their policy would look like
State Farm does very well when it comes to customer satisfaction and financial strength, which is why we included them on the list. J.D. Power’s 2019 U.S. Home Insurance Study ranked the company 4 out of 5 overall, and AM best awarded State Farm a stellar financial strength rating of A++.
- Perfect customer satisfaction
- Perfect financial strength
- Limited availability
- Limited quoting information available
We should start off by saying that USAA has limited appeal to the general public because their insurance service is only available to active or former members of the U.S. Military and their families.
Although only some readers will qualify for USAA, they made the list because of the perfect scores they received on customer satisfaction and financial strength. J.D. Power’s 2019 U.S. Home Insurance Study gave USAA a perfect 5 out of 5 in overall customer satisfaction, and AM Best ranked USAA as A++ financial strength, the highest score available.
We have limited information on how comprehensive the company’s quote tool actually is because accessing the tool requires an account. So anyone looking for a USAA quote will need to sign in first.
- Affordable rates for Pennsylvanians
- Wide range of additional coverage options
- Average financial strength
- No online quote tool
Pennsylvania National Mutual Casualty Insurance Company, or Penn National, specializes in Pennsylvania home and auto insurance and offers its products in 11 states.
Their average annual premium is affordable for Pennsylvania residents, and the company offers many options for additional coverage, such as identity theft, loss assessment, personal umbrella policy, and personal injury.
J.D. Power did not give the company a rating, but the Better Business Bureau rates Penn National as an A+ business. AM Best rated this insurer as A- in terms of financial stability, which is a bit lower than the competition.
The Cheapest Homeowner Insurance Companies In Pennsylvania
|Homeowner Insurance Companies||Average Annual Premium|
|American Select Insurance Company||$351|
|Truck Insurance Exchange||$782|
|Erie Insurance||$ 842|
|Penn National||$ 884|
|Donegal Mutual Insurance||$ 1,168|
|Privilege Underwriters Reciprocal Exchange||$ 1,183|
|State Farm||$ 1,468|
Homeowner Insurance by Age of Home
|Age of Home tier||Average Annual Premium|
|Average Across Ages||$1,380|
Quadrant home insurance rate data as of 12/01/2019. These rates are a sample set meant only for general comparison. Your own premium will vary.
Top 3 Cheapest Homeowner Insurance Companies in Pennsylvania
- American Select Insurance Company – $351
- Allstate – $757
- Truck Insurance Exchange – $782
Top 3 Most Expensive Homeowner Insurance Companies in Pennsylvania
- Encompass – $1,305
- Nationwide – $1,327
- State Farm – $1,468
Our team turned to Quadrant for the average home insurance premium for each insurer selling their products in Pennsylvania. Our research found that American Select Insurance Company, Allstate, and Truck Insurance Exchange offered the lowest premiums in the state, while Encompass, Nationwide, and State Farm offered the highest rates on their average premiums in Pennsylvania. But readers should keep in mind that these rates are based on general profiles and will probably differ from the actual rate they will receive. The best way to find a good rate is to request personalized quotes from the insurers.
Homeowners Insurance FAQ
Homeowners insurance is not mandatory in Pennsylvania. However, many lenders do require homeowners insurance for financing mortgages, which is important to keep in mind.
American Select Insurance Company appears to offer the cheapest homeowners insurance in Pennsylvania, based on Quadrant data.
Our research found that the three cheapest home insurance providers in Pennsylvania are American Select Insurance Company, Allstate, and Truck Insurance Exchange.