Philadelphia Insurance Rates:

Philadelphia, PA home insurance is roughly $611 to $826, about $50-$68/month. Our in depth research reveals consumers can save as much as $287 by comparing multiple quotes

Compare Quotes from Top Providers and Save now!

Read Philadelphia, Pennsylvania Home Insurance reviews to see who you can count on to get the cheapest quote. Compare & get the best deal.

Philadelphia Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $130/2 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $245,000

4 Beds, 4 Baths 2450 sqft Seasonal Residence Constructed In 1941 with Carpet Flooring, Metal Roof, Chainwall Foundation, Vinyl siding, Stucco Construction. Home Features Include Central Air Conditioning, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

38 Years old Divorced Male who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $340/6 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $165,000

2 Beds, 2 Bath 1740 sqft Vacation Property Constructed In 1950 with Stone Flooring, Wood Shake Roof, Chainwall Foundation, Stone Siding, Stucco Construction. Home Features Include Smoke Alarm, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Single Male who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $850/12 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $175,000

4 Beds, 4 Bath 1760 sqft Primary Residence Constructed In 1945 with Carpet Flooring, Wood Shake Roof, Chainwall Foundation, Wood siding, Brick Frame. Home Features Include Central Air Conditioning, Deadbolt Locks, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

64 Years old Single Male who is Unemployed and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $460/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $250,000

4 Beds, 4 Baths 2650 sqft Vacation Property Constructed In 1971 with Stone Flooring, Membrane Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Indoor Sprinklers, Copper Water Pipes, Swimming Pool, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

38 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $100/3 months for $75,000-$100,000 Coverage
Policy Holder Home Details :

Home Value : $120,000

3 Beds, 3 Baths 983 sqft Primary Residence Constructed In 1942 with Stone Flooring, Composition Roof, Chainwall Foundation, Stone Siding, Wood Frame. Home Features Include Fireplace, Copper Water Pipes, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

42 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $120/2 months for $100,000 Coverage
More than 70 year old home with new windows, refinished hardwoods, roof, siding and mechanicals plus kitchen w ith quartz countertops that is worth about $125,000. 2 Bed/bath about 1400 sft on a 5000 sft lot
Elderly couple living in the same for the past 40 years. Kids out of the house. Good credit
Home Insurance Rate of $130/2 months for $325,000 Coverage
We live in a fairly safe neighborhood with decent security, police & less thefts so our home insurance is mainly for unforeseen accidents & repairs
We have no kids and are recently married. Although, we may plan to have kids down the road. Our credit score is pretty solid.

Click here for Zip Code data

Philadelphia Rates & Quotes Analysis:

Philadelphia Area Estimated House Insurance
Inwood Ln, Brush Rd, E Juniata St, Kingsfield Rd, Modena Ter, Hoff St, Casimir St, Greymont St, Widener Pl, Wagner Ave$760
W Seybert St, Chestnut Ln, Saint Albans St, Nicholas St, Walter St, Edison Ave, S 41st St, Marlton Ave, Mallory St, W Berkley St$713
N 37th St, E Salaignac St, Old Townsend Rd, Rubicam St, Cresco Ave, N 68th St, Murdoch Rd, Delaware Expy, W Indiana St, Dorel St$714
Loxley Ct, Scotchbrook Dr, Wendle Ct, Winter St, S 72nd St, Dyre St, Magdalena St, Blaine St, S Bambrey Ter, N 62nd St$717
Lefevre St, S Paxon St, W Roberts Ave, Concordia Pl, E Wister St, W Washington Sq, E Armstrong St, E Columbia Ave, Emerald St, Dondill Pl$827
Kern St, Matthews St, Station Ln, Newland St, Stewart St, Prospect Ave, Megargee St, S Independence Ml E, Evergreen Ave, Cranston Rd$741
N Mole St, Cotton St, S Harmony St, Calpine Rd, 3rd St E, Beverly Rd, Cardiff St, Bartram Ave, Stearly St, E Meade St$714
Pilgrim Ln, W Allens Ln, W Stafford St, Andale St, Authority Ter, Cargill Ln, Oak Lane Ave, Belgreen Ter, Evergreen Pl, Dupont St$727
Gifford St, Bloomfield Ave, Farrell Ct, Deer Run Pl, Maiden St, Cliveden St, Delaware Ave, Hedgerow Ln, W Winona St, Merion Ave$None
Gransback St, Bailey Ter, Centennial Sq E, North St, Erie Ave, Golf Rd, Thomas Ave, Essex Ln, Crabtree St, Forest Pl$762

Insurance rates are influenced by a number of factors including:

  • Year Built: 105,661 Homes (15% of total homes ) built between 1940 to 1949 in Philadelphia are paying home insurance between $1,443-$1,453. Places close to Philadelphia, PA such as Cheltenham, Pennsauken(NJ), Camden(NJ) are more expensive by $126, $187, $131 respectively while Millbourne and Darby are cheaper by $19 and $48 respectively for similar homes.
  • Bedrooms: 304,600 3 bedrooms homes (47% of total homes ) in Philadelphia are paying about $625. Areas near to Philadelphia such as Cheltenham, Rockledge, Wyncote are costlier by $47, $40, $78 respectively whereas Pennsauken(NJ) and Camden(NJ) are more economical by $187, $201 respectively for similar homes.
  • Auto Insurance Bundling: 84,252 Households (26% of all households) in Philadelphia have 2 vehicles available and when it is bundled with home insurance you can save $143 compared to Philadelphia County ($143), Cheltenham ($156), Pennsauken(NJ) ($162).
  • Senior Discounts: 153,240 seniors (more than 55 years) occupied housing units (48% of total) in Philadelphia get discounts between $107 to $109 and varies from Philadelphia County ($107), Cheltenham ($117), Pennsauken(NJ) ($121).
  • New Homes discounts: New homes such as the 153,735 homes built between 2000 to 2009 in Philadelphia can save $143 and similar new home insurance discounts in nearby towns and cities like Philadelphia County, Cheltenham and Pennsauken(NJ) are $143, $156 and $162 respectively.

Philadelphia Homeowners insurance Facts

  • Philadelphia, PA has 314,076 owner occupied houses which is 54.1% of all units whereas Philadelphia, Cheltenham and Pennsauken have 54.1%, 63.66% and 78.3% respectively.
  • Philadelphia, PA homeowners yearly insurance price at $718 is 0.5% of the typical house value of $142,300 which is in contrast with 0.5% in Philadelphia, 0.27% at Cheltenham & 0.45% in Pennsauken.
  • Homeowners in Philadelphia, PA pay 5.74% of their income ($10,000 to $14,999) in insurance whereas homeowners in Philadelphia, Cheltenham and Pennsauken pay 5.74%, 6.25% and 6.49% respectively.
  • Philadelphia, PA’s insurance is 4.8% of monthly housing costs of $1,243/month, for owners with a mortgage compared to 4.81% in Philadelphia, 2.68% at Cheltenham & 3.95% in Pennsauken. But, for households without a mortgage, insurance is 14.0% of costs ($429 in Philadelphia, PA) in contrast with 13.95% in Philadelphia, 6.5% at Cheltenham & 9.22% in Pennsauken.

Philadelphia, PA Home Values & Insurance rates

For example, insurance for 13,297 Homes (4.0% of total homes ) valued between $60,000 to $69,999 in Philadelphia, PA is about $323. Rates in nearby areas in such as Penn Wynne, Lower Merion, East Lansdowne are cheaper by $177, $225, $13 respectively while Camden and Woodlynne are costlier by $241 and $74 respectively for similar homes.

Philadelphia, PA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 35,271 12.0% $122
$50,000 to $59,999 11,553 3.0% $258
$60,000 to $69,999 13,297 4.0% $323
$70,000 to $79,999 14,896 5.0% $373
$80,000 to $89,999 17,120 5.0% $423
$90,000 to $99,999 14,400 4.0% $473
$100,000 to $124,999 34,030 11.0% $552
$125,000 to $149,999 23,807 8.0% $689
$150,000 to $174,999 30,914 10.0% $818
$175,000 to $199,999 21,666 7.0% $940
$200,000 to $249,999 37,684 12.0% $1134
$250,000 to $299,999 20,252 6.0% $1385
$300,000 to $399,999 18,863 6.0% $1759

Renters Insurance in Philadelphia

  • Average Renters Insurance in Philadelphia :  $174($14/month)

  • Median Gross Rent in Philadelphia :  $872

  • Philadelphia Renters Insurance to Median Rent Ratio:  1.61%

  • Average household size of renter-occupied unit :  2.35

Philadelphia Renters Insurance as a Percentage of Rent

Philadelphia Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 7,574 2.0% $343
$200 to $299 10,256 4.0% $793
$300 to $499 17,694 6.0% $1243
$500 to $749 52,367 20.0% $1918
$750 to $999 76,586 30.0% $2668
$1,000 to $1,499 65,674 25.0% $3793
$1,500 or more 24,290 9.0% $5443

Protective device discount in Philadelphia Up to :  $26

Claims-free discount in Philadelphia Up to :  $34

Philadelphia, PA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
19104 $99,800 $710
19120 $97,500 $700
19124 $92,400 $700
19141 $91,100 $700
19142 $84,600 $700
19121 $83,200 $690
19143 $82,800 $700
19139 $77,700 $690
19134 $74,300 $690
19140 $59,900 $680
19133 $52,500 $680
19132 $47,700 $680
19106 $459,400 $880
19118 $441,600 $860
19103 $427,600 $850
19130 $343,700 $820
19107 $322,300 $820
19147 $301,700 $800
19102 $293,000 $790
19123 $290,700 $800
19116 $242,300 $770
19115 $235,800 $770
19128 $235,800 $760
19119 $231,100 $770
19113 $227,500 $770
19127 $215,500 $750
19129 $210,700 $760
19154 $207,800 $760
19152 $201,700 $760
19114 $198,300 $740
19146 $190,300 $760
19111 $180,800 $740
19148 $167,900 $730
19125 $153,800 $730
19145 $152,100 $730
19136 $146,800 $720
19150 $145,400 $730
19153 $137,000 $730
19149 $135,700 $720
19137 $133,000 $720
19126 $128,900 $720
19151 $125,300 $720
19135 $119,600 $710
19144 $118,700 $710
19122 $112,700 $710
19138 $107,700 $700
19131 $101,200 $700