Home Insurance in Philadelphia County, Pennsylvania

Homes in Philadelphia County carry a median value of $243,100 - close to the Pennsylvania median.

The typical home in Philadelphia County was built around 1949. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 65% of homes were built before 1960, about 20 points above Pennsylvania's 45%.

The housing stock in Philadelphia County is 64% single-family homes and 21% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

About 59% of owner-occupied homes in Philadelphia County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 52% of occupied homes in Philadelphia County are owner-occupied.

In Philadelphia County, 70% of homes are primarily heated with natural gas.

Per FEMA's National Risk Index, Philadelphia County's top hazards are winter weather (Very High), inland flooding (Very High) and tornado (Relatively High).

Philadelphia County had 3,126 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.

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$243,100
Median year built1949
Owner-occupied share52%
Share of owner-occupied homes with a mortgage59%
Top hazards (FEMA National Risk Index)Winter Weather (Very High), Inland Flooding (Very High), Tornado (Relatively High)
Active NFIP flood policies (county)3,126
Home insurance premium$1,217 - statewide average (NAIC, 2023 data)

Towns and cities

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