Philadelphia Homeowners Insurance Costs (2026)

How much is homeowners insurance in Philadelphia?

The 5 major insurers we compared in Philadelphia are State Farm, Liberty Mutual, Allstate, Erie and Travelers. With all 5, the house we priced averages $347 a month ($4,165 a year), 55.1% above the Pennsylvania average of $2,685 a year for the same house.

Same sample home in Philadelphia, Pennsylvania and the 50 states and D.C. (rates as of Sept. 30, 2026)

The last row compares the two averages without Travelers; every other row uses all 5 insurers.

With all 5 insurers, Philadelphia’s average for this house is higher than the statewide average in 42 of the 50 states and D.C. Leaving Travelers out of both figures, Philadelphia’s $2,472 a year is still 38.9% above Pennsylvania’s $1,780.

Statewide, the same sample home averages $2,685 a year ($224 a month) across 632 Pennsylvania ZIP codes; see home insurance costs in Pennsylvania.

The house we priced isn’t a typical Philadelphia home, which is older and more often a row home, so read these figures as the same house priced across the city.

For the same insurers and ZIP codes, the Philadelphia average was about the same over the past ten months: $4,163 a year ($347 a month) on Nov. 30, 2025, and $4,165 ($347) on Sept. 30, 2026, up 0.1%.

Homeowners insurance averages by insurer in Philadelphia, PA, for our sample home (rates as of Sept. 30, 2026)

State Farm averaged $150 a month ($1,802 a year), Liberty Mutual $191 ($2,286), Allstate $209 ($2,513), Erie $274 ($3,288) and Travelers $911 ($10,934) for our sample home in Philadelphia.

State Farm had the lowest average for our sample home, at $150 a month, 21.2% below Liberty Mutual’s $191, and its price stayed between $1,550 and $2,109 a year across the city’s ZIP codes.

Travelers’ average ($911 a month) is more than four times the other insurers’ average. It stays in our figures; without it, the Philadelphia average would be $206 a month ($2,472 a year).

What changes your price: the house (age, construction, shared walls), your dwelling limit, roof, deductibles, claims and credit, and whether you add a car. In Philadelphia, the insurer moves the price much more than the ZIP code, so compare quotes for your address.

Why a Philly row home may price differently from our sample house

The median Philadelphia home was built in 1949, and 54.2% of the city’s housing units are single-family attached homes, many of them row homes, while only 8.5% are detached houses (Census Bureau survey, 2024). The house we priced is a 2,000-square-foot detached wood-frame house built in 1997, so the figures on this page compare the same house across places rather than describe a typical Philadelphia home.

What an insurer may ask about a row home:

• Shared walls: ask how the policy handles a fire or leak that starts next door.
• Age of the systems: insurers often ask when the wiring, plumbing, heating and roof of a 1940s house were replaced or upgraded.
• Rebuilding cost: the median owner-occupied home is valued at $243,100 (Census Bureau survey, 2020–2024), but the dwelling limit should reflect the cost to rebuild.

We don’t price row homes or older houses, so only a quote with your home’s real details shows what one costs.

What is the 80% rule in homeowners insurance?

The Pennsylvania Insurance Department’s homeowners guide calls insuring for at least 80% of your home’s replacement value “a good rule of thumb.” If you carry less, the insurer can pay only part of a partial loss, even one far smaller than your limit. People also call it the 80/20 rule or coinsurance.

How it works on our sample house: we priced $300,000 of dwelling coverage. Say the house would cost $300,000 to rebuild: 80% of that is $240,000. If a kitchen fire does $40,000 of damage, a $300,000 or $240,000 limit pays the repair in full, minus the $1,000 deductible. A $180,000 limit is 75% of the $240,000 required, so under a typical 80% clause the insurer could pay about 75% of the repair, $30,000, before the deductible. Your policy states its own rule.

How the 80% rule can change a $40,000 repair on our sample house (illustration, before the $1,000 deductible)

Rebuild cost isn’t your home’s price: the Pennsylvania Insurance Department notes that replacement cost is not the same as market value, which includes your land. A home policy pays to rebuild the house, so the right limit can sit well above or below what you paid for a Philly row home or twin.

Keep it current: a $300,000 limit meets the 80% rule for a house that would cost up to $375,000 to rebuild. Our Philadelphia average of $347 a month is for that $300,000 limit, and a higher limit generally costs more. Raise your limit after a renovation or an addition, and ask your insurer how it figures your rebuild cost.

Same house, different city: how does Philadelphia compare?

The same sample home costs $347 a month to insure in Philadelphia with all 5 insurers, $264 in the suburban counties of Bucks, Delaware and Montgomery, $194 in Pittsburgh and $229 in Allentown. Philadelphia’s average runs $83 a month above the suburbs’ and nearly 1.8 times Pittsburgh’s. Allentown’s figure covers just 6 ZIP codes, so treat it as a small sample.

Same sample home: average home insurance prices in Philadelphia and other Pennsylvania places (rates as of Sept. 30, 2026)

Each city covers the ZIP codes with that city as their main mailing address; all 5 insurers, rates as of Sept. 30, 2026.

Statewide, Travelers again averages far more than the others, $525 a month; without it, the Pennsylvania average would be $148 a month.

How do deductibles work on a Philadelphia homeowners policy?

The house we priced has a $1,000 deductible, the part of a covered claim you pay first. A larger one generally lowers the premium and raises what each claim costs you; only a quote shows how much for your house.

Some policies also carry a separate wind and hail deductible set as a percentage of the dwelling limit, which the Pennsylvania Insurance Department suggests checking. The house we priced has none, so if your policy has one, use the table below to turn its percentage into dollars.

Your wind and hail deductible in dollars (illustration only)

These are deductibles, not premiums. A 2% wind and hail deductible on our sample home’s $300,000 dwelling limit ($6,000) would be more than two years of the 4-insurer Philadelphia average for that house ($2,472 a year).

One technical note: we send the same price request in every state, and it includes a 2% hurricane deductible, a type of deductible some coastal policies use for hurricane damage. Our data doesn’t show whether any insurer applied it to a Philadelphia home.

What if insurers won’t cover your Philadelphia home?

Homeowners insurance isn’t required by Pennsylvania law, but most banks and lenders require it on a mortgaged home, according to the Pennsylvania Insurance Department. If private insurers won’t cover the house, the Pennsylvania FAIR Plan, run by the Insurance Placement Facility of Pennsylvania, is the last-resort option for people who can’t get coverage in the regular market. It has operated since 1968, offers basic property insurance, and is based in Philadelphia.

All 5 insurers we compared priced our sample home in every one of the 46 Philadelphia ZIP codes.

Got a notice? See which insurers are writing new policies in your ZIP.

How much is condo insurance in Philadelphia?

Condo insurance for our sample condo averages $53 a month ($635 a year) in Philadelphia. For the same condo, prices among the 5 insurers we compared ranged from $43 to $67 a month, a $24-a-month gap for the same unit. Liberty Mutual and State Farm had the lowest averages of the 5, at $43 and $46 a month.

Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. The owner is 40, single, has good credit and no claims in 10 years.

• $60K unit coverage
• $60K belongings
• $300K liability
• $1,000 deductible
• Built 2005

Philadelphia’s condo average is 59.7% above the Pennsylvania condo average of $33 a month. For the same insurers and ZIP codes, it rose 4.0% over the past ten months, from $51 to $53 a month.

Condo insurance averages by insurer in Philadelphia, PA, for our sample condo (rates as of Sept. 30, 2026)

Liberty Mutual averaged $43 a month ($519 a year), State Farm $46 ($549), Travelers $53 ($640), Erie $56 ($666) and Allstate $67 ($801) for our sample condo.

What does your condo association’s master policy leave to you?

The master policy covers the building, and your condo policy covers what’s left to you, as the declaration and master policy define it. In our sample policy, $60,000 covers the inside of the unit and $60,000 your belongings.

What to check with your HOA before you buy condo insurance

• The certificate of insurance: ask the association or building manager for the master policy’s certificate.
• What it covers inside the unit: bare walls only, or original fixtures and finishes too; that decides your unit coverage.
• Deductibles and water damage: how large is the master deductible, and how are leaks between units handled?
• Loss assessment: ask your insurer how much loss assessment coverage comes with your policy.

Official resources for Philadelphia homeowners

• Pennsylvania Insurance Department: homeowners insurance What a homeowners policy covers and common exclusions.
• Pennsylvania Insurance Department: flood insurance Flood risk in Pennsylvania and how flood coverage works.
• Pennsylvania FAIR Plan Basic property coverage for homes that can’t get it in the regular market.
• Basement Backup Protection Program The Philadelphia Water Department’s free backwater valve program for eligible homeowners.
• Eastwick flood resilience strategy The city’s plan for flooding in Eastwick.
• FEMA Flood Map Service Center The official source for FEMA flood maps.
• FloodSmart FEMA’s site for the National Flood Insurance Program.