Renters insurance in Pennsylvania: Cost, best companies and how to save

What is the average cost of renters insurance in Pennsylvania?

The average renters insurance cost in Pennsylvania is $298 per year. Rates vary based on factors such as location, coverage amount, deductible, and claims history.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Best renters insurance company in Pennsylvania: State Farm

Among the carriers surveyed, State Farm is the best renters insurance company in Pennsylvania, with a top score and an average renters insurance rate of $199.

Allstate and Erie Insurance are the other best insurance companies for renters insurance in Pennsylvania.

Renters insurance rates vary significantly among providers, so you should compare options before choosing. You should also select a company with a good reputation to ensure it will be there if you have a claim.

To help you find the best renters insurance in Pennsylvania, we evaluated average rates, NAIC complaints ratio, and AM Best financial ratings. We calculated the total Insurance.com score out of five using these factors.

Here are the best renters insurance companies in Pennsylvania.

Cheapest renters insurance in Pennsylvania

Our analysis shows that State Farm is the cheapest renters insurance company in Pennsylvania, with an average annual premium of $199.

Renters insurance rates can differ greatly between providers, so it's best to compare quotes to find affordable coverage that meets your needs.

Here is the list of the cheapest renters insurance companies in Pennsylvania along with their average annual premiums.

Pennsylvania renters insurance: The least and most expensive ZIP codes

Your location in Pennsylvania directly impacts the cost of renters insurance. The most expensive ZIP code in Pennsylvania is 19110, with an average annual premium of $451. This amount is $153 more than higher than the state average.

In contrast, the least expensive ZIP code for renters insurance is 17201, offering coverage at $256 a year.

The table below shows the most and least expensive ZIP codes in Pennsylvania for renters insurance.

Renters insurance cost in Pennsylvania by city

In Pennsylvania, renters insurance rates vary across cities due to factors such as weather risks, crime rates, and other factors. To get the best deal in your city, Compare quotes from several insurers before selecting a policy, so they weigh each factor differently.

How to save on renters insurance in Pennsylvania

There are several easy ways to lower the cost of renters insurance in Pennsylvania without losing necessary coverage:

• Bundle your policies. Many insurance companies offer a discount if you buy renters and auto insurance together.
• Increase your deductible. Choosing a higher deductible will lower your monthly or yearly premium; just ensure you can afford it.
• Ask about discounts. Most providers offer savings for things like smoke alarms, security systems, or being claims-free.
• Compare quotes. Prices can vary widely between companies, so getting quotes from multiple insurers can help you find the best deal.
• Pay annually. Some insurers offer a small discount if you pay once a year instead of monthly.