Selecting a renters insurance provider involves choosing a company that has affordable rates, effective coverage and well regarded customer service. We compiled data from 125 quotes sourced from across the state to help you find the best and cheapest renters insurance in PA for you.
Compare cheap renters insurance options in Pennsylvania
The best price for renters insurance in Pennsylvania we found is just under $14 per month, or $165 per year. Below, we name the most affordable renters insurance company in the state and give a breakdown of the other top providers in Pennsylvania.
Best for most renters
Most affordable renters insurance
Best for complete coverage
Best renters insurance for most people: State Farm
- Wide range of available coverage limits
- Affordable renters insurance protection
- Few ways to improve your policy
State Farm is the best renters insurance in PA for most people. While it's not the cheapest renters insurance in the state, State Farm is still affordable: You can purchase coverage for about $13 per month, or $153 per year — this is about 7% cheaper than the average cost of renters insurance in Pennsylvania.
There aren't many discount opportunities with State Farm renters insurance, but people who have auto insurance with State Farm, or plan to purchase a policy, can save the most on their renters insurance. Additionally, you may be able to save if your home has security devices installed, including fire and burglar alarms.
Of the other cheap renters insurance companies in PA, State Farm has the widest coverage limits. You can insure your personal property if it's valued from $10,000 to $1 million. This is a substantially larger scope of coverage than what's offered by Liberty Mutual — the cheapest renters insurance in PA.
The quality of customer service provided by State Farm renters insurance is high. Data collected by the National Association of Insurance Commissioners indicates that State Farm renters insurance receives fewer complaints than one might expect from its market share — particularly impressive given State Farm's size. It's also highly ranked by J.D. Power among national renters insurance companies.
Most affordable renters insurance: Liberty Mutual
- Cheapest coverage in Pennsylvania
- Variety of ways to save money
- Narrow coverage limits
If you're looking for cheap renters insurance in PA, consider Liberty Mutual. Coverage costs just over $11 per month, or $127 annually, on average. This is the best price for renters insurance we found in Pennsylvania. Additionally, there are a number of available discounts with Liberty Mutual renters insurance. You could save if you:
- Elect to make automatic payments
- Purchase a policy electronically
- Sign up for coverage before your existing policy expires
- Live in a home with security devices
- Buy auto insurance with Liberty Mutual
Although Liberty Mutual is about $2 per month cheaper than the next cheapest insurer in Pennsylvania, State Farm, its available coverage limits fit the needs of fewer renters. You can only insure up to $25,000 of personal property with Liberty Mutual renters insurance. For this reason, Liberty Mutual is a better option for people who own fewer things.
Liberty Mutual renters insurance is a great option for college students: It offers coverage for less than $100 in State College.
If the coverage limits offered by Liberty Mutual align with your assets, you might benefit from upgrading your policy with endorsements. We recommend considering Liberty Mutual's replacement cost coverage, which reimburses you for your lost property without consideration to its depreciated value.
Best renters insurance for complete coverage: Travelers
- Offers many practical endorsements
- Policy limits match with people who own more property
- More expensive than average
- Requires 12-month upfront payment
Travelers renters insurance offers tenants many ways to maximize their coverage. Not only does Travelers have the largest list of extra endorsements, it also has the best upgrades. With Travelers renters insurance, you could improve a standard policy by adding:
- Replacement cost coverage
- Water backup protection
- Coverage for malfunctioning electronic equipment
- Decreasing deductible of $100 per year
Travelers renters insurance is great for people looking to insure a lot of property with great add-ons. Travelers offers policyholders the ability to purchase up to $500,000 of personal property coverage. However, the minimum coverage allowed is $30,000 — the highest minimum among companies we surveyed.
Compared to other providers, Travelers renters insurance isn't a good option for cost-conscious people. On average, a policy costs about $185 per year — 12% more expensive than the price of the cheapest renters insurance in PA. While this is about $15 per month, unlike other providers, Travelers doesn't allow policyholders to pay monthly.
How we chose the best renters insurance in PA
We evaluated the renters insurance companies in Pennsylvania by comparing each company's:
Affordability: The price renters might expect to pay for coverage. Coverage options: The quality of a company's standard coverage and its available add-ons. Customer service: An insurer's reputation for responding quickly and fairly to claims.
Affordability: What renters insurance providers tend to charge in Pennsylvania
The average cost of renters insurance in PA is $14 per month, or $165 per year. This is cheaper than the typical cost of coverage in the U.S., where we've calculated renters insurance is priced at about $187 per year.
The cheapest renters insurance in PA is Liberty Mutual, which sells policies for $11 per month. On average, the most expensive insurer in the state is Travelers, where coverage costs $15 per month.
How much is renters insurance in PA?
|Company||Average cost (per month)||Average cost (per year)||% Difference from statewide average|
The cost of renters insurance in PA depends on multiple factors, which will likely differ for each individual. Qualities that could influence the price of your policy include your location, your own personal history of making insurance claims and the amount of coverage you're purchasing. Our quotes match these coverage limits:
- Personal property protection: $30,000
- Liability coverage: $100,000
- Guest medical protection: $1,000
- Deductible: $500
Other personal characteristics, like your gender and marital status, affect the price of your renters insurance, too. We obtained renters insurance quotes in PA for a 30-year-old unmarried male, with no pets or roommates.
Compare Renters Insurance Quotes from Providers in Pennsylvania
Coverage options: The policy features offered by renters insurance companies
A standard policy from your renters insurance provider should come with enough coverage that you don't need to purchase any additional endorsements. Typically, in addition to personal property protection, policies include liability coverage and money for expenses incurred if you were forced to leave your home.
With these criteria in mind, the renters insurance companies we've called out have practical basic policies and multiple endorsement opportunities. These companies also have above-average reputations for meeting the needs of their policyholders, too.
|Insurer||Personal property coverage||Personal liability||Earthquake||Water backup coverage||Identity theft protection||Replacement cost coverage||Valuables plus|
|State Farm||$10,000 — more than $100,000||$100,000 — $1,000,000||X||-||X||-||X|
|Nationwide||$15,000 — more than $100,000||$100,000 — $1,000,000||-||X||X||X||X|
|Liberty Mutual||$5,000 — $25,000||$100,000 — $1,000,000||X||-||X||X||X|
|Allstate||$15,000 — more than $100,000||$100,000 — $500,000||-||-||X||-||-|
|Travelers||$30,000 — more than 100,000||$100,000 — $500,000||X||X||X||X||X|
What are these coverages?
- Water backup: Covers the costs of water damage stemming from malfunctioning drains.
- Identity theft protection: Companies offer proactive credit monitoring and case management services in the event your identity is stolen.
- Replacement cost coverage: Reimburses you for the full value of your lost or damaged property, without consideration to the depreciation of your property over time.
- Valuables plus: This perk allows you to increase your coverage for special types of property or individual items, such as jewelry or firearms.
Customer service: The reputation insurers have of serving their policyholders fairly
We compared three measurements to determine which renters insurance provider in Pennsylvania has the best customer service. These are: the NAIC's Complaint Index, J.D. Power's U.S. Home Insurance Study - Renters Insurance and A.M. Best's Financial Strength Rating.
|Company||NAIC Complaint Index||JD Power Renters Study placement (of 14)||A.M. Best Financial Strength Rating|
NAIC Complaint Index: The Complaint Index is a number the NAIC uses to represent how many complaints an insurer receives relative to its market share, or size. A typical number of complaints is conveyed the benchmark 1.0. Companies that have a Complaint Index of more than 1.0 receive more complaints than expected.
J.D. Power U.S. Home Insurance Study - Renters Insurance: This survey was conducted by J.D. Power, focusing on 14 of the nation's largest renters insurance companies. After soliciting policyholder responses for characteristics like price, interaction and claims, J.D. Power ranked the companies according to overall satisfaction.
A.M. Best Financial Strength Rating: A company's Financial Strength Rating communicates its ability to meet its financial obligation, based on an evaluation by A.M. Best. Most companies are expected to be able to pay out claims in the event of economic contraction or widespread catastrophe, but this is a useful tool for identifying risky insurers.
Pennsylvania renters insurance rates: City-by-city breakdowns
After collecting renters insurance quotes from across Pennsylvania, we were able to compute the average cost of coverage in cities across the state. Below, we've displayed rates in many of the state's largest cities, along with each city's difference from the statewide average cost of renters insurance.
The city with the cheapest renters insurance in PA is York, where coverage costs just over $12 per month — $147 per year. The most expensive renters insurance in the state is found in Philadelphia at $19 per month, or $233 per year.
|City||Average cost (per month)||Average cost (per year)||% difference from PA average|
|State College, PA||$12||$148||-10%|
|West Chester, PA||$14||$165||0%|
We collected 125 quotes from across the state to find the best renters insurance in Pennsylvania. To compile this rate information, we used a sample profile. Our sample profile was a 30-year-old unmarried renter with no pets or roommates and no insurance history.
The rates we obtained reflect a policy with $30,000 of personal property protection, $100,000 liability and $1,000 of medical payments to others. Where possible, our sample policies carried a $500 deductible. Your rates may differ from ours.