Average Costs and Cheapest Homeowners Insurance Companies in Pennsylvania

Your individual needs will significantly affect home insurance costs. Allstate is the cheapest for customers with new or expensive homes in Pennsylvania, while Farmers is the cheapest for houses with pools. MoneyGeek collected thousands of quotes from insurance companies to help you find the cheapest and best homeowners insurance options in Pennsylvania.

If you’re looking to balance affordability with a strong service experience, MoneyGeek also scored the best home insurance companies in Pennsylvania.

MoneyGeek compared quotes from numerous providers for different levels of dwelling coverages to find the cheapest homeowners insurance in Pennsylvania. Farmers has the cheapest policy among the insurers studied, for a baseline dwelling coverage of $250,000 at an average of $855 per year.

The following companies offer low-cost homeowners insurance in Pennsylvania across various dwelling coverages:

• Cheapest for $100,000: Farmers
• Cheapest for $250,000: Farmers
• Cheapest for $500,000: Allstate

Insurers determine the amount of dwelling coverage you need by your home's replacement cost. The higher your home's value, the more the coverage required. To understand the changing costs for different levels of dwelling coverage in the state, use the table below.

The homeowners insurance rates vary depending on your policy’s dwelling coverage level. The average cost of homeowners insurance in Pennsylvania is $1,348 per year for a $250,000 baseline dwelling coverage.

Policies with higher dwelling coverage offer more financial protection for your home and cost more. For example, the average annual cost for a policy with $100,000 in dwelling coverage in Pennsylvania is $737. Meanwhile, a policy with $3,000,000 in dwelling coverage costs an average of $19,702 — amounting to an $18,965 difference.

Homeowners insurance costs are determined by individual circumstances and area-related factors. Carriers estimate homeowners insurance in Pennsylvania based on several points, including a house’s age, roof quality, dwelling value, deductibles and presence of a pool.

By adjusting the dwelling coverage limits, deductible and other limits in MoneyGeek’s calculator, you can see how the average homeowners insurance costs in Pennsylvania change based on different factors.

MoneyGeek compared thousands of quotes from Pennsylvania's insurers to find the state's best cheap insurance. According to our research, the cheapest companies for homeowners seeking policies with $2 million in dwelling coverage are:

• Allstate: $3,683 per year
• Chubb: $8,089 per year

USAA is the second-cheapest company according to our research. However, we did not include the insurer in our rankings, as its policies are exclusive to military families. Rates for expensive homes may vary significantly based on the dwelling coverage and insurance company — make sure to shop around and compare estimates from several insurers to find the best rates.

MoneyGeek also compared quotes from Pennsylvania's insurance companies to find the most affordable option based on rates for a 2015 sample home with $250,000 in dwelling coverage.

For individuals with newer homes, the following two companies offer the most affordable homeowners insurance in Pennsylvania, featuring $250,000 in baseline dwelling coverage:

• Allstate: $620 per year
• Farmers: $638 per year

Insurance rates for newer homes are usually lower. For example, homes built in 2015 in Pennsylvania are $280 less expensive, on average, than houses built in 2000.

Due to a different ZIP code collection process, the statistics for the homes built in 2000 differ from the first section.

In Pennsylvania, the average cost of homeowners insurance for newer homes is $908 per year. Meanwhile, the average annual rate for a home built in 2000 is $1,188, for a difference of $280.

In general, older homes are more expensive to insure, as damages can result in expensive repairs related to the difficulty of procuring older materials or other expenses. Older homes also come with signs of wear and tear.

MoneyGeek also analyzed thousands of quotes to identify the best and cheapest insurance in Pennsylvania for homes with pools. Pool owners in Pennsylvania searching for the cheapest home insurance with a baseline coverage of $250,000 can consider the following companies:

• Farmers: $785 per year
• Allstate: $805 per year

Swimming pools are considered an "attractive nuisance" by insurance providers. If you own a pool, you're responsible for any injuries caused by it — regardless of who used it. In general, the policy may cover damages to the pool’s structure, as well as liability coverage in case a guest is injured in the pool. This makes homes with pools more expensive to insure.

A pool on your property can have a significant impact on the cost of your Pennsylvania home insurance. The state's average annual insurance premium for a home insured for $250,000 is $1,348. Having a swimming pool, on the other hand, will change the average annual premium to $1,201. Although a property with a pool has a lower average rate in this state, this is merely an average for our example home. Insurance prices may be increased depending on your needs and background.

MoneyGeek compared thousands of quotes to find the cheapest provider in Pennsylvania for homeowners with bad credit.

The two providers with the lowest average rates for Pennsylvania homeowners with a bad credit history and $250,000 in dwelling coverage are:

• Nationwide: $1,905 per year
• Erie: $3,168 per year

Your home insurance prices might skyrocket if you have bad credit. Insurance companies use credit-based insurance ratings to assess a person's risk and predict their likelihood of filing a claim.

When it comes to home insurance prices, insurers consider a wide range of different aspects. One of these is your credit history. For the most part, people with bad credit are charged more than individuals with good credit.

Customers with good credit pay an average of $1,188 per year for homeowners insurance in Pennsylvania for $250,000 baseline coverage, while those with poor credit pay an average of $3,772 per year — that's a difference of $2,584.

Insurance rates may also differ depending on your specific location within Pennsylvania. MoneyGeek examined the average home insurance rates of Philadelphia and Pittsburgh and found their averages to be $1,522 and $883, respectively. Farmers is the cheapest option in Philadelphia ($954 per year) and Pittsburgh ($593 per year). To read more about insurance prices, choose your city in the table below.

Customers must provide specific details before insurance providers can present a binding home insurance quote in Pennsylvania, including your name, phone number, address and Social Security number. Know the current value of your property, belongings and any add-ons that you may have installed. The provider will give you a custom quote based on your answers to their questions.

If you're looking for an anonymous way to obtain home insurance quotes in Pennsylvania, use MoneyGeek's home insurance calculator. These estimated rates are based on a MoneyGeek database consisting of thousands of quotes.

MoneyGeek analyzed homeowners insurance premiums from eight of the top insurance companies in Pennsylvania that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Pennsylvania. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.