How much is homeowners insurance in Pennsylvania?
On average, homeowners in Pennsylvania pay $143 a month for home insurance. However, your home insurance costs will vary based on several factors. Some of those factors include your location, your home’s age, construction quality, and the home insurance policy type you select.
How your policy choices affect home insurance rates in Pennsylvania
When you select a home insurance policy, you’ll have many choices to make. For example, you’ll need to choose a policy form, deductible, coverage limits, and more. Each decision affects your total cost.[4]
Policy forms offer different coverage types. These are the most common home insurance policy forms:
Broad form (HO-2): This covers the dwelling, other structures, personal property, personal liability, and medical payments. This type of policy only covers perils, like storms or vandalism, specifically listed in the policy. It doesn’t cover unnamed perils.
Special form (HO-3): This policy form also covers damage to the dwelling, other structures, personal property, personal liability, and medical payments. However, it also covers perils that an HO-2 excludes.
Comprehensive form (HO-5): This form offers more coverage than the broad and special forms for your personal property.
Modified form (HO-8): This form includes “functional replacement cost” for older homes. If the building materials in your older home aren’t available for reconstruction, the policy will cover the cost to rebuild with materials commonly available today.[4]
The forms provide different approaches to covering perils, which are sources of loss, like a fire or flood. Policy forms that cover more perils typically cost more than forms that cover fewer perils.
Before settling on any home insurance policy, you should always check which perils it covers. It’s critical to find a policy that offers coverage for the perils you’re concerned about.
Read More: What Are Perils in Insurance?
Your coverage level
An insurance policy with a higher coverage limit gives you more financial protection against covered perils. Generally, a higher coverage level will result in higher premiums. Here’s how coverage amounts affect average monthly insurance costs in Pennsylvania:
| Coverage Amount | Average Monthly Quote |
|---|
| $250,000 | $105 |
|---|
| $500,000 | $188 |
|---|
Table data sourced from real-time quotes from Insurify’s partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique profile.
Your deductible
When filing a claim, the deductible is the amount of money you pay out of pocket. Homeowners who choose a higher deductible can often find lower insurance premiums. However, it’s important to avoid choosing a deductible higher than you might be able to reasonably pay.
How location affects home insurance rates in Pennsylvania
The location you call home affects your home insurance rates. Home insurance rates vary widely across state lines. But within your state, your specific ZIP code can affect your rates too.
Some location-related factors that affect your exact costs include the location of the nearest fire department, proximity to the coast, and the expected frequency of weather events.[5]
Here are average monthly quotes for select cities in Pennsylvania:
| City | Average Monthly Quote |
|---|
| Allentown | $128 |
|---|
| Beaver Falls | $99 |
|---|
| Bensalem | $145 |
|---|
| Drexel Hill | $189 |
|---|
| East Stroudsburg | $196 |
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| Easton | $131 |
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| Erie | $104 |
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| Harrisburg | $126 |
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| Lancaster | $108 |
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| Norristown | $145 |
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| Philadelphia | $193 |
|---|
| Pittsburgh | $119 |
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| Reading | $117 |
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| Scranton | $122 |
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| Upper Darby | $149 |
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| West Chester | $175 |
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| Wilkes-Barre | $158 |
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| York | $103 |
|---|
Table data sourced from real-time quotes from Insurify’s partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique profile.
