Pennsylvania Homeowners Insurance

U.S. Treasury FIO data for 1,517 ZIP codes in Pennsylvania (PA).

Homeowners in Pennsylvania pay an average of $1,131 per year for home insurance — 36% below the national average of $1,776. That ranks Pennsylvania as the 51st most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 2.6%; nonrenewal rates declined by 12.1% over the same period.

On five-year premium growth (2018–2022), Pennsylvania ranks 38th out of 51 states. Its nonrenewal rate (0.60%) ranks 47th out of 50 — nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

Source: U.S. Department of the Treasury, Federal Insurance Office — "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for caveats.

Avg Premium
$1,131/yr
National avg: $1,776 (-36% below)
Premium Change
+2.6%
2018-2022 change
Avg Loss Ratio
47.9%
Claims paid vs premiums earned
Nonrenewal Rate
0.60%
-12.1% change

Data Snapshot: Pennsylvania Homeowners Insurance

Pennsylvania homeowners paid an average of $1,131 per year for home insurance based on U.S. Treasury FIO data covering 1,517 ZIP codes across the state. That is 36% below the national average of $1,776 per year reported by the Federal Insurance Office. Pennsylvania ranks 51st most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $712 in 18056 to $5,490 in 19035.

Between 2018 and 2022, average premiums rose by 2.6% in Pennsylvania, placing the state 38th nationally on five-year premium growth. The state-level loss ratio averaged 47.9%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates — the share of policies insurers decline to extend at expiration — averaged 0.60%, a decline of 12.1% over the study period (ranking 47th out of 50 states).

Within Pennsylvania, premium dispersion across ZIP codes is substantial: the most expensive ZIP (19035 in Gladwyne) charges 671% more than the least expensive (18056 in Hereford), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is for educational research only and is not insurance advice — homeowners should obtain quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.

Loss Ratio Reading: Pennsylvania

0%150%48%

Pennsylvania statewide — FIO 2018-2022 average: 48% (Insurer-favorable) — low claim payout — insurer retains a healthy margin.

ZIP Codes Tracked

1,517

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Premium Trends (2018-2022)

Year Avg Premium Median Premium
2018 $1,102 $985
2019 $1,102 (-0.0%) $988
2020 $1,107 (+0.5%) $991
2021 $1,117 (+0.8%) $1,001
2022 $1,131 (+1.3%) $1,015

Average Premium by Year

$1,102
2018
$1,102
2019
$1,107
2020
$1,117
2021
$1,131
2022

All ZIP Codes in Pennsylvania

1,517 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP City Premium
19035 Gladwyne $5,490
19041 Haverford $4,762
19437 Gwynedd Valley $4,622
19085 Villanova $4,562
19103 Philadelphia $4,382
19106 Philadelphia $4,038
18357 Skytop $3,957
18913 Carversville $3,509
19066 Merion Station $3,368
19118 Philadelphia $3,334
18950 Point Pleasant $3,300
19010 Bryn Mawr $3,283
19009 Bryn Athyn $3,213
18912 Buckingham $3,087
19072 Narberth $2,904
18920 Erwinna $2,889
15232 Pittsburgh $2,874
18938 New Hope $2,855
19096 Wynnewood $2,704
19333 Devon $2,645
18323 Buck Hill Falls $2,620
19107 Philadelphia $2,552
19004 Bala Cynwyd $2,525
19317 Chadds Ford $2,476
19477 Spring House $2,462
19312 Berwyn $2,425
18977 Washington Crossing $2,382
15142 Presto $2,345
18471 Waverly $2,344
19087 Wayne $2,341
19119 Philadelphia $2,331
19073 Newtown Square $2,314
18980 Wycombe $2,288
19034 Fort Washington $2,250
18940 Newtown $2,246
18602 Bear Creek $2,214
19046 Jenkintown $2,192
19027 Elkins Park $2,175
19144 Philadelphia $2,161
19006 Huntingdon Valley $2,150
19095 Wyncote $2,145
18925 Furlong $2,141
19104 Philadelphia $2,135
19126 Philadelphia $2,127
19355 Malvern $2,098
19131 Philadelphia $2,079
19373 Thornton $2,075
19422 Blue Bell $2,069
19002 Ambler $2,066
18954 Richboro $2,039

Frequently Asked Questions

What is the average homeowners insurance cost in Pennsylvania?
The average homeowners insurance premium in Pennsylvania is $1,131 per year, based on U.S. Treasury FIO data covering 1,517 ZIP codes. This is 36% below the national average of $1,776.
How have insurance premiums changed in Pennsylvania?
Pennsylvania homeowners insurance premiums changed by +2.6% between 2018 and 2022. The average loss ratio is 47.9%, meaning insurers pay out that percentage of earned premiums in claims.
Which ZIP code has the most expensive insurance in Pennsylvania?
The most expensive ZIP code for homeowners insurance in Pennsylvania is 19035, with an average premium of $5,490/yr. The most affordable is 18056 at $712/yr.
What is the nonrenewal rate for Pennsylvania homeowners insurance?
The average nonrenewal rate in Pennsylvania is 0.60%. This rate has changed by -12.1% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 18220 has the highest nonrenewal rate in the state at 4.55%.
What is a loss ratio and what does Pennsylvania's mean?
A loss ratio measures how much an insurer pays out in claims compared to premiums collected. Pennsylvania's average loss ratio is 47.9%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.
How often do homeowners file insurance claims in Pennsylvania?
The average claim frequency in Pennsylvania is 3.90%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $13,985. Higher claim frequency and severity typically correlate with higher premiums.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

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