When it comes to homeowner insurance in PA, there is not one - size - price - all prices, but home insurers have similar rates in all geographic areas, as the Pennsylvania Home Insurance Association's annual report on the homeowner insurance market shows.
By 2021, the average home insurance premium in Pennsylvania will be $1,184 a year, and the median home insurance premium in Pittsburgh will be $179,972, according to the Pennsylvania Home Insurance Association's annual report. The annual average rate of $907 per year for a home worth $15,289 is well below the national average of 1.27 percent. In the Pittsburgh area, the median annual rate for homeowner insurance is $17,721, compared with a statewide average of 1,192 percent, according to the report's data.
To see how rates in the city are performing relative to the national average, take a look at the Pittsburgh Home Insurance Association's annual home insurance report. If you are wondering how much your premium costs, click here for more information on what discounts are available in Pennsylvania and here to learn more about Pennsylvania renter insurance. Learn what your home insurance policy requires, and we'll find a list of the most popular insurance companies in Pittsburgh and other Pennsylvania cities to help you find them.
We found that the average insurance premium for a single-family home in Pittsburgh in 2016 was $962, about $1,000 above the national average of $855.
In our study, Erie, Nationwide, State Farm and USAA stand out as the best home insurers in Pennsylvania. Since Erie Insurance is a Pennsylvania insurance company, it makes sense that it would be a good choice for a home insurer in Pittsburgh, one of the state's most populous cities. Erie insurance offers low rates, excellent customer satisfaction and first-class insurance coverage.
Erie, founded in Pennsylvania in 1925, is now the state's second-largest insurer, writing insurance for more than 1.5 million homes and businesses across Pennsylvania. State Farm, one of America's largest insurers, offers a wide range of home insurance products that allow you to stay with an insurer even if your home insurance requires a change. Since 1922, Pennsylvania homeowners have been served by one of the nation's oldest and largest private insurance companies, the Nationwide Insurance Company.
Our agents collect Pittsburgh home insurance quotes from a variety of highly rated providers, so you can easily find an affordable policy that meets your insurance coverage and household needs. We can therefore offer you policies quickly and easily that can be adapted to your personal insurance needs, regardless of your income level. Pittsburgh homeowners insurance offers on our website, and our agents collect your Pittsburgh homeowners insurance offers from a variety of highly rated providers, so that you, your family and your insurance company can find all affordable policies for you that meet both your coverage and budgeting needs!
Depending on where you are in Pennsylvania, you may also be able to purchase flood insurance for your home. Many homeowner insurance policies exclude cover for sinkhole damage, so you might want to consider spending a little more on this cover, especially if your homes are in a high-risk area. If you want to purchase home contents insurance, you should also consider taking out risk life insurance if you live outside Pennsylvania and want it as part of your insurance plan, even if it can only be purchased for a limited amount of money. Because you are in high-risk areas, most insurance agents in Pennsylvania can quote you and bind you to one of the state's most comprehensive and comprehensive flood and earthquake insurance policies.
You will want to find a company that has insured Pittsburgh homes for several years and is familiar with the unique needs of the area.
Suppose you're stuck between Erie Insurance and a competitor, you'll know which one covers you and can compare your home rates. You can use this as a guide to compare the best home insurance policies based on the insurance options you need. This could be as simple as installing a home insurance scheme at a lower price with a home insurer for your annual premium. This not only helps to keep insurance premiums down, but can also be beneficial for many other areas if residents like to tinker.
There are many ways to save on your homeowner's insurance in PA, and we have been exploring the home insurance markets in Pennsylvania to help you get the best rates and the right coverage for your needs and find your best company. If you already have car insurance with Hartford, bundling it with your Pennsylvania homeowner insurance means you're eligible for Hartford's bundled policy discounts. Hartford offers many types of insurance discounts to homeowners through its Hartford Home Insurance Program, which helps lower your premiums. You can also purchase home contents insurance through Hartford by buying a policy directly from your insurance provider or working with a broker.
