Locals are well aware that Pittsburgh has a great city atmosphere in a very small area. Many people opt to insure their homes with homeowners insurance, whether they are buying a house to live in or as a long-term investment. According to Bankrate’s sample profile homeowners insurance in Pittsburgh is $741 per annum for a $250,000 dwelling policy. The homeowner-occupied housing rate in the city was nearly 50% between 2015 and 2019.
It is important to understand what you are looking for in a policy and what you can expect from an insurer when searching the best home insurance . Keeping these factors in mind makes it easier to compare companies and choose the best one. We have compared some of the most popular, larger home insurance companies in the region by comparing their average rates and J.D. to make it easier. The Power Scores. To find the best affordable home insurance for Pittsburgh residents, we also evaluated each company’s discounts.
The best home insurance company in Pittsburgh
We compared the top-rated insurance companies in Pittsburgh that offer affordable homeowners’ insurance. Then we came up with these five companies as our top picks to find the best home insurance company. These companies were compared based on market share, average rates and J.D. The companies were compared by their market share, average rates, J.D. and power scores.
Allstate
Allstate is the largest home insurance company in America by size. Our profile shows that they have some of the best rates in Pittsburgh and also score higher on the J.D. The Power report. Allstate offers a wide range of home insurance options, as well as a variety of discounts. Access to the company is easy through its website portal, live agents and a mobile application.
Erie
Erie insurance is a well-known company that has been in business since 1925. They offer a variety of insurance products. Erie insurance offers homeowners insurance that includes many add-ons to the basic plan. You can get a few discount options, such as discounts for home safety features and policy bundles. J.D. The company’s 839 Power score speaks volumes about the level of customer satisfaction enjoyed by Erie policyholders. Erie has the lowest average Pittsburgh home insurance rate at almost $200 less than the average for the top five.
Farmers
Farmers is an older name in the insurance business and offers a wide range of home insurance products. You can customize your homeowner plan by using a variety of customizations offered by Farmers. Farmers rates are the most expensive on our list. Farmers however offers discounts to lower that cost.
All over the country
Nationwide’s track record of customer satisfaction is consistent with its J.D. Power score Based on the Bankrate profile, the average rates were slightly lower than the local average. The company still offers robust home insurance policies that include options like water backup coverage. It is also known for its customer satisfaction, making it one of the most affordable home insurance companies in Pittsburgh.
USAA
USAA is one of the most respected historical J.D. The USAA is well-known for its quality products and Power Home Insurance Study. Their services are only available to military personnel and their immediate family, so they cannot be considered for official ranking. The average rates charged by the company for the region are similar to the local average.
USAA’s discount program is not as robust as some of its rivals. USAA is still considered one of the top cheap home insurance companies in Pittsburgh, based on its quality and ratings.
Pittsburgh home insurance options
You don’t need homeowners insurance unless you have a mortgage on your home. If the home is yours, and you have paid all of its costs, it is your responsibility. This is why homeowners policies are a good idea, even if they are not necessary. Why should you have a homeowners policy if a lender requires it to protect their investment? Here are some coverage options that may be useful for homeowners in Pittsburgh.
- Hurricanes and storms: Most hurricane damage is covered by basic homeowners policies. However, exclusions and details can vary from one company to the next. Pittsburgh homeowners should ensure they have sufficient coverage to cover the possibility of hurricane damage.
- Flood insurance: flood insurance is usually purchased separately if you’re interested in the coverage. Flood insurance is the best way to protect your home from flooding. Floods are a frequent occurrence in Pittsburgh so homeowners might want to add flood insurance to their policy.
- Sewer backup Flood insurance does not usually cover sewer backups. Coverage from sewer backups is usually an add-on.
Pittsburgh home insurance discounts
It’s helpful to find ways to cut down on your insurance costs. Many insurance companies offer a range of discounts. Not all discounts are created equal. There are differences in the ease of eligibility for certain customers and how much they can lower your premiums.
- Multi-policy discount: Many insurance companies offer significant discounts to customers who have more than one policy. You may be eligible for a discount if you have both auto and home insurance with the same company.
- You may be eligible for a discount if you bought your home in the past year. Although not all companies offer this discount it is one way to save money on your home insurance as an aspiring homeowner.
- Protective devices for your home: Insurance companies often offer discounts to homeowners who have basic protection devices such as burglar alarms, smoke detectors, sprinklers and carbon monoxide detectors.
- Insurance companies often offer rebates or discounts to customers who do not file a claim within a certain time frame. Companies will vary in the length of time that a customer must be claim-free.
While some discounts are more difficult to obtain than others, they offer little savings. Some discounts may offer significant savings but they are more difficult to get. The middle is where you will find those that are easy to attain while still offering significant savings.
Multi-policy discounts and policy building are two common ways to reduce premiums. Both deals can offer substantial savings depending on the company.
Questions frequently asked
Which is the best company for home insurance?
One person may not find the right company, but another individual might. Every policy and every customer are different. There are many top-rated home insurance companies in Pennsylvania.
What is the cost of home insurance in Pittsburgh?
According to our profile, home insurance in Pittsburgh is $741 per annum for a $250k household coverage plan. For the same profile, however, some companies offered rates as low as $548 per annum. The cost of home insurance will differ between customers, policies, and companies.
What amount of home insurance do you need in Pittsburgh
The best way to figure how much home coverage you need is by considering the value of your house and possessions. This is what many people try to achieve with their insurance policies. A basic homeowners policy covers the structure of your home, also known as dwelling coverage.