How to Compare Renters Insurance Quotes for 2024
How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Best Renters Insurance in Pennsylvania (2024)

Published on:
Content was accurate at the time of publication.


Lemonade is the best renters insurance company in Pennsylvania, due to its low rates and great customer satisfaction score.

  • Assurant is the state’s best company for renters insurance coverage options.
  • Amica and Progressive have the best renters insurance discounts.

Find the Cheapest Renters Insurance Quotes in Pennsylvania

Lemonade has the cheapest renters insurance in Pennsylvania, charging an average rate of $8 a month.

State Farm isn’t far behind, though, with an average monthly rate of $11.

Both companies offer more than just cheap rates, though — they also have great customer satisfaction scores. Plus, State Farm also offers a good selection of discounts.

CompanyMonthly rateAnnual rate
Lemonade$8$96
State Farm$11$132
Allstate$15$180
Progressive$16$192
Amica$17$204
Assurant$21$252
Farmers$29$348

To find the best and cheapest insurance for your rental home, compare renters insurance quotes from several companies before you buy.

Amica, Assurant, Lemonade and Progressive are Pennsylvania’s best renters insurance companies in various areas, based on our research.

Lemonade has the lowest renters insurance rates and best customer satisfaction rating. Assurant has the best add-on coverages, while Amica and Progressive offer the best discounts.

Best for cheap renters insurance: Lemonade

Your best option for cheap renters insurance in Pennsylvania is Lemonade, which offers rates that average $8 a month, or $96 a year.

This is 27% cheaper than the next-best company, State Farm. And it’s 53% cheaper than the state average renters insurance rate of $17 a month.

However, Lemonade offers fewer coverage options and discounts than the other renters insurance companies we surveyed in Pennsylvania. If either are important to you, get quotes from other insurers as well. The slightly higher cost may be worth the added benefits.

Best coverage options: Assurant

Assurant is the best renters insurance company in Pennsylvania for coverage options.

It offers more add-on coverages than any other company we surveyed in the state, and also offers some nice standard coverages.

You can add these optional coverages to your policy when you buy renters insurance from Assurant:

  • Earthquake
  • Identity fraud expense
  • Pet damage
  • Rent protection
  • Scheduled personal property
  • Water sewer backup

Assurant’s standard renters insurance policy covers belongings that are damaged by dry rot, fungi or mold. Depending on where you live, it may also cover bed bugs, food spoilage and added living expenses tied to flooding.

Best discounts: Amica and Progressive

Although renters insurance tends to be cheap, it’s still nice when you can make it even cheaper.

Amica and Progressive are great companies for this, as they offer more discounts than any other insurer we surveyed.

Both companies have renters insurance discounts for:

  • Bundling more than one type of policy with them
  • Receiving bills and policy information electronically

Amica also offers discounts for:

  • Being a customer for at least two years
  • Not filing any claims in the last three years
  • Paying your bill using automatic deductions

Progressive customers can also get discounts for:

  • Getting a quote from them at least three days before your policy starts
  • Living in a gated or secured community
  • Paying your policy in full up front

Best for customer satisfaction: Lemonade

Lemonade earned the highest customer satisfaction rating of 854 (out of 1,000) among the renters insurance companies we surveyed.

This rating, from J.D. Power, is based on areas like price, policy offerings, the billing process and claims.

Find the Cheapest Renters Insurance Quotes in Pennsylvania

The average cost of renters insurance in Pennsylvania is $17 a month, or $204 a year.

You might pay more or less than this amount for a renters insurance policy in Pennsylvania based on several factors, such as:

  • Where you live in the state
  • Types and amounts of coverage you buy
  • Deductible you choose
  • Value of your belongings

Pennsylvania renters insurance cost by city

Renters in Scranton and Reading pay the cheapest renters insurance rates among Pennsylvania’s biggest cities. The average cost in both cities is just $16 a month.

Philadelphia is the most expensive city in Pennsylvania for renters insurance. Its average rate is $22 a month, 38% higher than the average in Reading and Scranton.

CityMonthly rateAnnual rate
Abington$17$204
Allentown$19$228
Bensalem$17$204
Bethlehem$18$216
Erie$17$204
Philadelphia$22$264
Pittsburgh$17$204
Reading$16$192
Scranton$16$192
Upper Darby$18$216

Renters insurance usually covers your personal property, personal liability and additional living expenses.

Personal property

The personal property portion of your renters insurance policy covers all of your “stuff.” This usually includes:

  • Artwork
  • Clothing
  • Jewelry
  • Electronics
  • Furniture

If events like fire, lightning, vandalism or theft damage or destroy any of these belongings, your policy will pay to repair or replace them.

Personal liability

This coverage helps protect you if someone is injured, or if their belongings are damaged, while visiting your rental home. This can include legal fees and court costs.

Additional living expenses

Also called loss of use coverage, this can help pay some of the extra expenses that may come up if your rental unit is damaged and you need to relocate for a while. It often covers:

  • Hotel costs
  • Higher food, laundry and transportation bills
  • Moving fees
  • Pet boarding
  • Storage rental

You need to buy renters insurance in Pennsylvania if your landlord requires it.

As is true in most states, landlords can require renters insurance as part of a rental or lease agreement in Pennsylvania.

Landlords who require renters insurance usually do so to protect themselves from tenants damaging the building or their unit. They also do it to protect themselves against liability claims and needing to cover relocation costs if something causes the property to become unlivable.

We recommend getting renters insurance even if your landlord doesn’t require it.

  • It protects you from liability claims, too, if you damage the building or if someone is injured while visiting you.
  • It covers your possessions – including clothing, electronics and furniture – from damage or destruction. Your landlord’s insurance policy won’t cover these items.

The best company for cheap renters insurance in Pennsylvania is Lemonade. Its average rate is $8 a month, or $96 a year.

The best renters insurance company for you will depend on several factors.

  • Lemonade is the best renters insurance company for low rates and customer satisfaction.
  • Assurant is the best company for coverage options.
  • Amica and Progressive offer the most renters insurance discounts.

You should get enough renters insurance to protect your personal belongings and assets.

  • To calculate how much coverage you’ll need for your belongings, make an inventory that includes the estimated value of each item.
  • To figure out how much coverage you need to protect your assets, add up the value of your possessions (like your car), your savings and even things like retirement accounts.

Methodology

LendingTree collected thousands of renters insurance quotes from the largest insurance companies in each state, based on data availability.

We used thousands of renters insurance quotes from across the U.S. for a 30-year-old single woman who has no recent renters insurance claims. Your rates may vary.

Coverage limits include:

  • Personal property coverage: $20,000
  • Deductible: $500
  • Personal liability: $100,000
  • Guest medical protection: $1,000
  • Loss of use: $9,000

Overall satisfaction ratings were obtained from J.D. Power’s 2023 U.S. Home Insurance Study. The agency’s scores are based on customer surveys that rate insurance companies on factors like price, policy offerings and claims.