The Best Homeowners Insurance In Pennsylvania (Get Coverage Online In 2020)
I’m sure you can agree that buying homeowners insurance can be difficult, it can also be a hassle to find the best homeowners insurance in Pennsylvania.
But guess what, you’re in luck:
Not only can buying homeowners insurance be extremely simple, but the best homeowners insurance company in PA also allows you to apply online for coverage in minutes.
In today’s post, I will cover which insurance company is the best for homeowners in PA, how their product works, as well as how to get Pennsylvania home insurance quotes online.
Why Hippo Is The Best Home Insurance In PA
Hippo has come out of the corner swinging and literally knocking the competition out with its new take on Pennsylvania homeowners insurance.
Even though Hippo was founded in 2015, they are backed by some of the largest insurance companies in the world like Topa that has an A- (Excellent) rating from AM Best.
Hippo is taking a more modern approach to Pennsylvania home insurance by offering things like:
100% Online Process
Hippo is the first homeowners insurance company that is offering a complete online process, you are able to get quotes within 60 seconds and apply online in minutes.
Since everything is web based, on average, Hippo Insurance is coming in at around 25% cheaper than other companies.
Equipment Breakdown Coverage
Included in all plans, your Equipment Breakdown Coverage will handle the cost to repair or replace pretty much everything in your home that uses electric power, in the event of electrical or mechanical breakdown.
Home Electronics & Home Office
Covers home office equipment like computers and printers for up to $10,000, so if you work from home, this is an awesome benefit.
It also has separate coverage included for your computers around your home.
Domestic Workers Coverage
This coverage protects you if a residence employee (like a mechanic, gardener or babysitter) is injured on your property.
Another modern type of coverage that isn't offered by any of the other products I have seen.
Mortgage Payment Protection
Hippo also offer plans that will provide up to $1,500 per month for up to 12 months to go toward your mortgage payments.
Hippo is the first company to offer a type of Preventative coverage by giving every homeowner that purchases a policy a free water leak system.
This is great because it can completely prevent you from having a covered loss due to a water leak.
As you can easily see, Hippo is one of the best home insurance companies in Pennsylvania.
Why Is Homeowners Insurance In PA Different
According to the a Study conducted by the National Association Of Insurance Commissioners (NAIC) in 2014, the average homeowners insurance policy in PA was about $900.00 per year in premiums.
Even though the premium amounts are more affordable than compared to the national average, as the rates increase in Pennsylvania for home insurance, we could easily see the rates shoot past the national average.
According to the Pennsylvania Emergency Management Agency some o their top natural disasters are floods, fires and winter storms.
While you will need a different policy for floods, you will be covered for for the other causes of loss in your policy.
These fires and winter storms can bring damage in the form of:
The good news is that your Pennsylvania home insurance through Hippo covers all of those things and more.
Homeowners Insurance PA Survival Guide
The cost of your home insurance is going to be determined by the levels of coverage that you purchase as well as the value of your home, and the part of Pennsylvania that you live in.
Know Your Deductibles (Wind & Hail or Hurricane)
Hippo offers separate deductibles for both their Wind & Hail and Hurricane coverage, so it is extremely important to know what each deductible will be for each type of covered loss.
The reason this is important is because all the deductibles have to be paid separately.
If you paid your General deductible for the year, and your home is damaged by Wind or Hail, you will need to pay that deductible in full before the insurance company will cover the rest.
Have An Inventory Of Your House Somewhere
The Pennsylvanian Department Of Insurance created this nifty Home Inventory Checklist that everyone should print out and use.
You are able to go room by room and record each item along with the price and purchase date.
A list like this is important when it comes to filing figuring out what has been lost and especially for filing a claim.
Keep in mind that number 6, nationwide on home insurance claims was Theft, so having an itemized list of your things is an awesome idea.
Have A Plan & A Survival Kit
If you have watched the most recent episodes of 911 (shout out to Angela Bassett), then you would have seen the whole "Earthquake" series of episodes.
The biggest thing that stood out was that her family had Survival Kits, the only thing they were missing was a designated location to meet up at.
That's going to be just as important if a disaster strikes.
Also, try to keep a copy of all your important documents in your Survival Kit or somewhere online.
Finding The Best Homeowners Insurance In PA
As with anything, once you know how a product or service works, the next question is where do you find it and how to buy your home insurance.
When it comes to buying homeowners insurance in Pennsylvania there are only two places you should search:
Buying online through a site like ours is going to be one of the best places to find homeowners insurance quotes in Pennsylvania.
When you shop online, you are able to get the fastest quotes and easy Pennsylvania homeowners insurance comparisons.
You can go directly to companies like Hippo by clicking on our link to the right or checking out our review here.
When you shop online for coverage, you give yourself the ability to buy at your own pace, and you can usually get quoted and covered in minutes not days.
As stated earlier you also can get much lower rates by going with companies like Hippo that send more savings to customers.
Through An Agent
Speaking with an agent is also a great option to find Pennsylvania homeowners insurance information and get covered.
If you find yourself wanting to be hands off and have someone to guide you through the process, then there is no better option for you.
We have to stop taking what the mortgage lenders or real estate agents suggest when it comes to getting the best homeowners insurance in Pennsylvania.
As I stated above according to Hippo, during their recent study over 70% of people indicated they do no research or shopping around when it comes to homeowners insurance.
This is the worst number ever, and you should not be a part of that 70+ percent of people.
Thanks For Reading My Post... Before You Go!
What did you think of my post? Did I miss anything?
Sa El is the Co-Founder of Simply Insurance and a licensed Insurance Agent with over 11 years of experience in the industry. He specializes in Life & Health Insurance and is certified in Long Term Care Insurance in the state of Georgia. He is also a licensed real estate agent in the state of Georgia (License #382602), an entrepreneur, insurance educator, and freelance writer.