Who Has the Cheapest Homeowners Insurance Quotes in Pennsylvania?

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This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Pennsylvania has a history of manufacturing, new industries forming and thriving, and a great environment and sights within the states. These things make it only natural to want to have a home in the state. Yet while there are great things to take advantage of, there are also risks. You will still have to worry about fires, storms, and crime (among other things), and you need some protection to keep your thoughts focused and your finances stable. This is where a homeowners insurance policy comes in, and fortunately for you, we looked into the cheapest and the best.

Here are the five cheapest homeowners insurance providers operating in Pennsylvania:

The Five Cheapest Quotes:

We would like to note for you that there will be a difference between what you experience and what you read about here, due to the many different factors that go into a homeowners insurance policy. Please consider the following information a guide to averages and trends.

The number listed next to each provider is the average annual rate for a standard policy.

1) Farmers: $1,011

We found it to be an excellent turn of events to find that Farmers was on average the cheapest option for Pennsylvania homeowners, as they truly are a good choice for homeowners insurance and a company that understands the importance of customer service. That’s rare, and due to this and their discounts for them, we recommend Farmers especially to new homeowners.

While they are excellent by most measures, Farmers does have a few issues when it comes to customer satisfaction after signup. Not everyone was pleased, whether it meant the coverage wasn’t enough for them or their rates rose. Make sure you read everything carefully if you start working with Farmers.

You can expect the following working with Farmers:

  • Three different base packages of coverage, each of them customizable to some extent.
  • Discounts for recent renovations, new homes, bundling, using modern and strong roofing materials, installing protective systems, and not smoking.
  • Options specifically for townhomes, condos, and other types of housing.

2) State Farm: $1,103 

Another inexpensive option for Pennsylvania homeowners, State Farm is a name most people know in the insurance industry, and that makes sense considering that State Farm is also the most popular insurer across the country, providing basic and affordable policies of all types to people needing them. You can expect the same from a homeowners policy, allowing you to rest easy and not have to think too much about your plan.

State Farm might be simple, but that isn’t always good, especially for homeowners who have particular concerns or special coverage needs for their home. There won’t be too many options to work with. Further still, discount options will be few, so other companies might be cheaper at the end of the day, especially if you know how to take advantage of offers.

You can expect the following working with State Farm:

  • A fantastic online quoting system that will give you all the details and information you need about a potential plan.
  • A wide network of agents available to help you, making access and startup easy.
  • Basic discounts still available for bundling plans and installing protective measures in your home.

3) Allstate: $1,276

An insurance company that’s just as well known as State Farm, Allstate isn’t the cheapest option, but they do have a few more options available to customers than the competition, and homeowners with specific needs would be advised to see what they have to offer. They are also a good choice for homeowners with older homes, or people hoping to save a lot by bundling.

Yet we did run into issues when it comes to their customer service, and the agents and representatives could be more uniformly helpful. Some, by reports, are too pushy about upgrading your policy with plans that you don’t need, and others might take too long to respond. You may wish to be careful if you don’t want to deal with such headaches.

You can expect the following working with Allstate:

  • A large library of helpful tools and resources to get you to better understand your policy and homeowners insurance in general.
  • Plenty of different discounts available, such as one for remaining claim-free or another for signing up with Allstate before your old policy expires.
  • Optional coverages such as water backup, garden and landscaping, identity theft restoration, business property, and scheduled personal property coverage. Umbrella insurance is also available for interested parties.

4) Nationwide: $1,285

Not much more expensive than Allstate is Nationwide, which is the choice for homeowners who want more options and didn’t think Farmers was enough for them. They allow you to heavily customize your coverage, are very reliable in their services and claims, and have some of the best replacement plans in the industry. They might be a bit more expensive, but we also know many of you will find the cost to be worth it.

Nationwide can be cheap if you know how to work the discounts properly and customize your coverage appropriately, but Nationwide can also be much more expensive depending on the optional coverages you sign up for. They can be more expensive than equivalent offers from competitors, so also be ready to do some comparison shopping. Fortunately, there are few other major complaints to be found against Nationwide’s homeowners insurance offerings.

You can expect the following working with Nationwide:

  • Discounts for people who get protective devices installed in their home, people who remain claim-free, people who made a recent home purchase, those looking to bundle policies, and others.
  • The benefits of working with an extremely stable and financially reliable company.
  • A free regular review of your policy that will help you make sure that you are getting the best coverage possible.

Conclusion

Pennsylvania has some of the best places to live and build a home in the country, but that doesn’t mean your place doesn’t need protection. And while you can update and grade your home to withstand the elements, to clearest path to making sure you have a plan should the worst happen to your home is to get a homeowners insurance policy. Only you will be able to make the proper choice for your home, but we hope that the above information helps you narrow down your choices and that you find a policy so you can rest easier soon.