Cheapest home insurance carriers in Philadelphia
Estimated annual premiums for a standard policy (~$300k dwelling, $1,000 deductible), ranked cheapest first — Philadelphia averages about $1,209/yr (median of the carriers below: $1,036/yr). Enter your ZIP for a ranking tuned to your home.
| # | Carrier | Est. annual | vs median |
|---|---|---|---|
| 1 | Erie Insurance | $812/yr | Save $224 |
| 2 | NJM Insurance | $967/yr | Save $69 |
| 3 | USAA | $978/yr | Save $58 |
| 4 | Auto-Owners | $991/yr | Save $45 |
| 5 | Amica Mutual | $1,008/yr | Save $28 |
| 6 | Cincinnati Insurance | $1,064/yr | +$28 |
| 7 | Westfield Insurance | $1,064/yr | +$28 |
| 8 | Grange | $1,088/yr | +$52 |
| 9 | Farmers | $1,098/yr | +$62 |
| 10 | CSAA / AAA | $1,112/yr | +$76 |
Why home insurance costs what it does in Philadelphia
Philadelphia-area home insurance is priced mainly around urban density and storms. Philadelphia runs above the Pennsylvania average — dense property, higher rebuilding and theft costs, and summer wind and hail storms are the main drivers.
The metro average hides your ZIP. A single carrier can price neighboring ZIPs very differently — coastal, wildfire, or older-home areas load high while lower-risk pockets pay less. This page is a Philadelphia-level estimate; compare carriers for your exact ZIP to see where you land, and see why your rate can jump even when your carrier’s filing looks flat.
See all Pennsylvania home rates & carriers → · Who’s raising & cutting Pennsylvania home rates →
Directional estimates from public rate filings and NAIC data — not a quote. Metro figures apply a modeled Philadelphia offset to the Pennsylvania average; your actual rate depends on dwelling amount, deductible, roof age, claims history, and exact ZIP.