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Best Home Insurance in Philadelphia

If you’re looking for home insurance companies in Philadelphia that can save you thousands of dollars and give you peace of mind, consider our top picks. 

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A Philadelphia home insurance policy can help give you peace of mind for your home in the City of Brotherly Love. When unexpected incidents occur, from theft and vandalism to fire and hailstorms, you’ll want a homeowners insurance policy so you don’t have to pay thousands of dollars out of pocket.

In order to find the best home insurance in Philadelphia, you’ll have to do some research. There are many companies that provide coverage in the area, but they aren’t all equal in terms of coverage, reputation, and cost. Keep reading to learn more.

Philadelphia’s Top 4 Homeowners Insurance Companies

The highest-rated homeowners insurance companies in Philadelphia include:

  1. Allstate: Best Overall
  2. Amica: Best Customer Service
  3. Farmers: Most Customizable Coverage
  4. Lemonade: Quickest Sign-Up

The best home insurance companies in Philadelphia provide extensive coverage, a selection of optional endorsements, quality customer service, and affordable rates. Read on for our top picks for Philadelphia home insurance.

Compare the Best Home Insurance Companies

See how the top home insurance companies in Philadelphia stack up on key metrics.

Comparison

Provider Get A Quote Superlative Score Monthly Cost* Years in Business States Covered BBB Rating
Provider Get A Quote Superlative Score Monthly Cost* Years in Business States Covered BBB Rating
Allstate Not available through This Old House Best Overall 98.10 $158 89 50 A+
Amica Not available through This Old House Best Customer Service 96.60 $225 113 47 A+
Farmers Not available through This Old House Most Customizable Coverage 94.40 $225.83 92 50 A+
Lemonade Visit Site Quickest Sign-Up 83.50 $25 and up 5 27 B+

*Cost may be calculated for homes of slightly varying values

Industry-Standard Coverage

The majority of home insurance companies—including all of our top choices—offer six basic forms of coverage, including dwelling, other structures, personal property, loss of use/additional living expenses, personal liability, and medical payments to others. You can find a breakdown below.

Coverage

Type Description
Type Description
Dwelling + other structures Covers the cost of repairing or replacing your home’s interior and exterior structure, along with any other structures on the property
Personal property Covers the cost of replacing of personal possessions, including clothing, furniture, and electronics
Personal liability Covers the cost of attorney fees, court fees, and any damages resulting from someone being injured on your property
Loss of use/additional living expenses Covers living expenses like dining and accommodations if your home is temporarily uninhabitable due to covered damage or destruction
Medical payments to guests Covers the medical expenses if someone is injured in your home

1. Allstate

Allstate, the second-largest home insurance company in the country, has a strong reputation and solid financial backing. It is ranked best overall for a variety of reasons, including its highly customizable coverage and 24/7 calls center. While many insurers allow 24/7 calls for claims, Allstate goes above and beyond by having customer service representatives on hand to answer all insurance questions and concerns.

Weigh the pros and cons of Allstate below.

Pros and Cons of Allstate

Pros Cons
Pros Cons
Second-largest homeowners insurance provider in the US Average customer satisfaction ratings
24/7 customer service for all insurance questions
Many endorsement options to customize your policy

Plans and Pricing of Allstate

We received an instant quote for a new construction, single-family, roughly 2,200-square-foot home in Philadelphia valued at roughly $420,000. The monthly premium came out to $158.

Coverage

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $423,790
Other structures $42,000
Personal property $254,000
Loss of use $42,000
Liability $100,000
Medical payments to others $1,000 per occurrence
Deductible $1,000
Monthly Cost $158

Discounts

Allstate offers a wide selection of discounts to help lower the cost of your monthly premium:

  • Multi-policy
  • Early signing
  • Claim-free
  • Home alarm
  • Roof
  • Smoke-free
  • Storm shutter
  • Homebuyer
  • Easy Pay Plan
  • Age 55 and retired
  • Welcome and loyalty

Allstate Endorsements

You can find a sample of Allstate’s add-on coverage options below. Home insurance add-on protections can differ from state to state, so you’ll need to check your quote to find out which ones are available in your area.

Endorsements

Type Description
Type Description
Personal umbrella policy Increases limits of personal liability coverage and adds coverage for lost wages and legal fees
Earthquake Covers repairs or replacement of your home after an earthquake
Flood Covers repair or replacement of your home in the event of a flood (required for homeowners in certain locations)
Water backup Covers water damage caused by clogged drains or sump pump failure
Scheduled personal property Covers valuable personal belongings, including jewelry, antiques, and more
Business property Covers computers and other home office equipment or equipment from a small business run out of the home
Sports equipment Covers golf clubs, skis, bicycles, and other sports equipment
Identity theft protection Covers legal fees and others costs associated with identity theft or fraud
Green improvement reimbursement Increases coverage to upgrade appliances with more energy-efficient uses after a loss
Electronic data recovery Covers costs from recovering lost computer data
Yard and garden Covers trees, landscaping, and ornamental plantings, or adds coverage for lawn equipment
Musical instruments Covers valuable musical instruments

2. Amica

Amica® offers accessible, easy-to-reach customer service. Its mobile app, available for both iPhones and Androids, allows you to make payments, as well as report and track claims. One standout feature is its Contractor Connection program, which can connect customers with vetted contractors within 24 hours. The program includes a five-year workmanship warranty.

Weigh the pros and cons of Amica below.

Pros and Cons of Amica

Pros Cons
Pros Cons
Mobile app Not available nationwide
Contractor Connection Does not use local agents
High-quality customer service

Plans and Pricing of Amica

We received an instant quote for a single-family, new construction, roughly 2,200-square-foot home in Philadelphia valued at roughly $420,000. The monthly premium came out to $225.

Coverage

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $423,000
Other structures $42,300
Personal property $317,250
Loss of use $126,900
Liability $300,000
Medical payments to others $2,000 per occurrence
Deductible $1,000
Monthly Cost $225

Discounts

Amica offers a range of discounts:

  • Multi-policy
  • Claim-free
  • E-discount
  • Autopay
  • Loyalty
  • Alarm system
  • Automatic detection devices
  • New and remodeled homes

Amica Endorsements

Amica offers many options for add-on coverages.

Endorsements

Type Description
Type Description
Personal property replacement Fully covers the replacement cost for stolen or damaged items, instead of depreciated value
Scheduled personal property Offers more extensive protection for valuable items like jewelry or antiques
Automatic dwelling coverage increase Increases coverage limits when the cost to rebuild your home exceeds what your underlying policy allows
Credit card Covers up to $5,000 if your card is used fraudulently
Water backup/sump pump failure Covers damage from water backup and sump pump failure
Computer Covers computers, tablets, smart televisions, and smartphones
Catastrophic Covers damage due to earthquakes and floods
Liability and medical payment Increases liability coverage for legal fees and medical expenses

3. Farmers

Household name Farmers offers several key features that make it stand out from the pack. Its declining deductibles mean that each year your policy is active, Farmers will take $50 off of your deductible. With claims forgiveness, Farmers will waive the surcharge if you go five or more years claim-free. Combined with robust coverage, this placed Farmers on our top recommendation list.

Weigh the pros and cons of Farmers below.

Pros and Cons of Farmers

Pros Cons
Pros Cons
Cosmetic damage coverage Fewer endorsements than competitors
Declining deductibles Website not highly detailed
Claim forgiveness

Plans and Pricing of Farmers

We received an instant quote for a new construction, single-family, roughly 2,200-square-foot home in Philadelphia valued at roughly $470,000. The monthly premium came out to $225.83

Coverage

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $469,000
Other structures $23,450
Personal property $187,600
Loss of use $46,900
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly Cost $225.83

Discounts

Farmers offers several discounts to reduce costs:

  • Claim-free
  • Non-smoking
  • Multi-policy
  • Protective devices
  • New home
  • Roofing materials

Farmers Endorsements

Farmers offers some endorsements to help you round out your coverage.

Endorsements

Type Description
Type Description
Eco-rebuild Provides extra coverage to rebuild your home with green, energy-efficient materials after a covered loss
Personal articles floater Provides additional coverage for valuables like art, collectibles, or jewelry
Identity Shield Provides coverage if your identity is stolen, up to your policy limit
Contents replacement cost Provides the full replacement cost of stolen or damaged property (not less depreciation)

4. Lemonade

Lemonade is a newcomer to the industry that has made waves since its launch in 2015 with its technology-forward approach. With its easy-to-use mobile app, you can upload videos explaining your claims for fast service—and in almost a third of cases, the claims are handled instantly. Lemonade also donates leftover premium funds to charity.

Weigh the pros and cons of Lemonade below.

Pros and Cons of Lemonade

Pros Cons
Pros Cons
Easy-to-use mobile app No auto insurance
Nearly a third of claims handled instantly Not available nationwide
Charitable Giveback program

Plans and Pricing of Lemonade

We received an instant quote for a single-family, new construction, roughly 2,200-square-foot home in Eureka, California. The premium came out to $60.75, the most affordable rate we’ve seen. You can request a quote online to find out how much it would cost to cover your Philadelphia home.

Coverage

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $350,000
Personal property $175,000
Loss of use $105,000
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly Cost $60.75

Discounts

Lemonade offers four discounts:

  • Fire protection
  • Protective devices
  • Gated community
  • Multi-policy

Lemonade Endorsements

Lemonade offers a variety of add-on protections.

Endorsements

Type Description
Type Description
Scheduled personal property Covers the cost to replace damaged or stolen valuable items like jewelry, art, and furs
Home business Covers operating a business out of the home
Earthquake Covers the cost of repairing and rebuilding structures after damage from an earthquake
Sewer backup Covers cost of damage to home after sewer backup

Our Conclusion

We chose each of the top companies because of key factors that set them apart. Allstate is our best overall option, with a 24/7 call center and many customization options. Lemonade’s fast technology makes it convenient and efficient. Farmers’ deductibles and claims forgiveness are key perks, and Amica’s customer service option includes a handy mobile app.

Before you purchase a home insurance policy in Philadelphia, we recommend getting a free quote from all four providers to compare pricing and coverage. You can do so by calling 855-948-5219 or using the quote tool below:

Frequently Asked Questions

How much is home insurance in Philadelphia?

This will depend on a variety of factors—the company you choose, the size and location of your home, the materials it was built with, how recently it’s been renovated or updated, and more.

What is the cheapest home insurance in Philadelphia?

This can vary quite a bit depending on your home’s size and value. In general, Lemonade has some of the cheapest costs in the nation, starting at $25 per month.

What other home insurance companies are available in Philadelphia?

We’ve shared our top choices but believe you should also consider Geico, USAA, and Liberty Mutual.

Our Methodology

The This Old House Reviews team values accuracy, transparency, and trust. With that in mind, we created a thorough, objective rating system to score each home insurance company based on the following six factors:

  • Coverage (30)
  • State availability (7.5)
  • Customer service (15)
  • Technology (12.5)
  • Reputation (20)
  • Additional benefits (15)

Our Reviews team has a full-time researcher who regularly updates datapoints from every company to help us compare them on key factors such as coverage, service, and dependability. Read more on our methodology here.

To share feedback or ask a question about this article, send a note to our Reviews team at reviews@thisoldhousereviews.com.