Pennsylvania Home Owner Insurance – Are Homeowner Rates Going Up?


 Pennsylvania Home Owner Insurance – Are Homeowner Rates Going Up?

Rates are rising across the country, but Pennsylvania homeowners are seeing their premiums climb at alarming rates.

Pennsylvania is no exception to the national trend and is seeing rates rise faster than most states according to a study by, an online insurance source. Compared with six other states in 2016, Pennsylvania's average premium went up by 12 percent according to this report.

What's more, prices climbed 17 percent on average nationally and 10 percent on average in Ohio. Homeowner policies in Massachusetts saw an 8 percent gain while those in California were up just 4 percent during that same time period.

The average insurance policy in Pennsylvania is $1,094, compared with the national average of $979. This means that an average Pennsylvania household pays more than $200 extra annually for their insurance coverage.

Homeowners who don't have enough property to secure the home are also seeing premium increases. This is because many insurers require a minimum coverage level before they will allow you to buy homeowner's insurance. The 2015 National Association of Insurance Commissioners survey showed that 61 percent of Pennsylvania's regulatory agencies require a minimum coverage level for some home values, up from 51 percent in 2014.

While some homeowners are seeing increases of between 25 and 30 percent, others are staying relatively calm during this time of change. According to the study, some homeowners are even seeing a decrease in their premiums as insurers have shifted their attention away from higher risk clients.

Affordable Coverage is Still Available for Pennsylvania Homeowners, But Not for Long

If you want to get a good deal on your coverage, you're going to have do it soon. Insurers can't hold out much longer against the increasing cost trend and will be forced to hike up rates again. Therefore, you may want to take action sooner rather than later.

If your house is located in a higher risk area where the premiums are also going up quickly, this means you'll be able to find less expensive coverage somewhere else. The more insurance companies compete for business, the more likely it is that one of them will drop their rates significantly in order to attract customers.

As of 2016, approximately 70 percent of Pennsylvania's home values are protected by some sort of home insurance policy including dwelling coverage and for structure coverage. Homeowner's policies were most widely purchased through words-of-mouth referrals, which made the coverage much more affordable since it was not purchased from an agent or broker.

Staying prepared and informed about your home and insurance coverage will help keep your rates more stable as the market continues to change. Your insurance company may end up being less aggressive in their rate hikes if you're able to plan ahead and pick out a payment plan that works best for your budget.

Get More Information on Pennsylvania Homeowner Insurance Quotes Today!

If you want to find out how much you've been overpaying for homeowner coverage, all you need to do is enter your zip code into our quote comparison widget at the top of this page. Our technology will work quickly to search out the cheapest quotes from multiple carriers in your area.

Once you find a good rate, you can contact one of our experienced agents to finalize your decision or get more information if needed. Either way, you'll soon be on your way to saving money!

Get a Quotes from Homeowner Insurance Agents in Pennsylvania Now!

If you're looking for homeowner's insurance in Pennsylvania, then check out our insurance company's reviews! We've partnered with Trusted Choice to bring you the most comprehensive reviews of home insurance companies in Pennsylvania. Our ratings are based on how well each company is able to meet customer service and protection needs. You'll be able to find and compare the best companies available immediately.

Pennsylvania Homeowner Insurance Companies in the Trusted Choice Ratings

Trusted Choice uses our own proprietary algorithm to rate these companies, and all things being equal they should have similar quality ratings. However, we do allow for slight variations in the ratings since not all customers will be looking for the exact same type of coverage. We also include citations for specific details about each insurance company, such as their cheapest homeowner's policy or how much they'll charge for flood insurance. The information is presented on an easy-to-use format that allows you to view and compare each company's policies.

More Pennsylvania Homeowner's Insurance Information:

Pennsylvania Homeowners Insurance Quotes from Multiple Companies at Once!

Contact a Trusted Choice Independent Agent Today! 888-339-3448 We're available 24/7 to help you with your quote. CALL US NOW OR GET A QUOTE ONLINE! Connect With Us Facebook Twitter Google+ Pinterest LinkedIn YouTube Blogging Like Us On: Most Popular Property & Casualty Insurance in Pennsylvania 6,584+ homeowners have used us to get quotes for their property and casualty insurance. 50% of all homeowners in PA will renew their policy through an agent or broker. The average savings in the last year was $357.

Laws and Regulations Regarding Your Pennsylvania Homeowner's Insurance Coverage:

There are some laws and regulations that you'll need to follow if you live in Pennsylvania. You're required to register for homeowner's insurance through the state. You should also ensure that your policy has a named insured designation, as this will confirm the owner of the home on your policy. This will help make sure that only one person is responsible for paying any claims made on your property or if they are a victim of a covered loss.

In addition, you should have personal liability included in your policy. This is just in case someone damages or causes an injury to their own automobile while parked on your property, for example. Personal liability can also protect you from any lawsuits that may arise from injuries caused by you or a member of your family.

If you're interested in finding out more information about Pennsylvania homeowner's insurance, there are a few resources that will help you get started. There are also some things that you need to know about the insurance licensing process in Philadelphia and Pittsburgh, which is further detailed below.

Pennsylvania's Department of Insurance: The state has their own website with information regarding home insurance laws, as well as a list of tips to make sure your coverage stays effective. This includes everything from what endorsements need to be added on to make your policy more comprehensive to how your premium will be determined based on certain risks.


The Pennsylvania homeowner's insurance market is a complex one. There are a lot of variables that influence the type of coverage that you can purchase, which makes finding the best policy for you and your budget very difficult. Luckily, if you think about what has changed over the past five years in your area, it may be easier to make a decision on what insurance coverage is most important to you. You can also get more information from our licensed agents who strive to ensure that customers receive the most accurate information possible when seeking out insurance quotes.

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