HomeInsuranceQts

Home Insurance in Pennsylvania

The median home value in Pennsylvania is $254,500.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Pennsylvania was built around 1965. About 45% of homes were built before 1960.

In Pennsylvania, the housing stock is 75% single-family homes, 13% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Pennsylvania, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 69% of occupied homes in Pennsylvania are owner-occupied.

In Pennsylvania, 51% of homes are primarily heated with natural gas. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

In Pennsylvania, the statewide average premium for a standard HO-3 homeowners policy is $1,217 per year (NAIC, 2023 data).

Key figures

Median home value$254,500
Median year built1965
Owner-occupied share69%
Share of owner-occupied homes with a mortgage58%
Home insurance premium$1,217 - statewide average (NAIC, 2023 data)

Counties

Sources