Flood Insurance Costs & Rates in Pennsylvania
Flood insurance in Pennsylvania costs $1,390 a year, on average.
Find Cheap Homeowners Insurance Quotes in Pennsylvania
If you live in a designated flood zone, your mortgage lender may require you to buy flood insurance in addition to your homeowners policy.
How much is flood insurance in Pennsylvania?
Pennsylvanians with flood insurance pay an average $116 per month for coverage, which is $34 more per month than the national average.
City | Policies in force | Average coverage amount | Average premium |
|---|---|---|---|
| Philadelphia | 3493 | $254,796 | $956 |
| Pittsburgh | 476 | $354,386 | $2,228 |
| Allentown | 101 | $241,716 | $2,109 |
| Erie | 62 | $333,226 | $885 |
| Reading | 48 | $536,025 | $7,939 |
| Bethlehem | 163 | $281,125 | $2,214 |
| Scranton | 376 | $213,572 | $811 |
| Lancaster | 130 | $182,736 | $1,995 |
| Harrisburg | 612 | $257,329 | $3,639 |
| York | 69 | $205,977 | $1,109 |
We included the 10 most populous cities in Pennsylvania for which flood insurance data was available.
However, the premium for a flood policy varies widely depending on the location and structure of your home.
For example, although the average coverage limits in Philadelphia and Harrisburg are fairly similar, at around $250,000, policyholders in Harrisburg typically pay $2,683 more per year for flood insurance.
Flood insurance rates and requirements are partly determined by the Federal Emergency Management Agency's (FEMA) flood rate maps, which designate levels of flood risk for different areas of each state. As a result, premiums for flood insurance may vary widely, even within the same county or city.
If FEMA rezones your property into a Special Flood Hazard Area (SFHA), your mortgage lender will likely require you to buy flood insurance in addition to your existing homeowners insurance.
How to get cheap flood insurance in Pennsylvania
Whether you've been rezoned into a new SFHA or can't find affordable coverage in your high-risk area, there are two steps to find a cheap flood insurance policy in Pennsylvania.
Start by getting a quote from a National Flood Insurance Program (NFIP)-approved agent or insurer. Then, compare quotes from private flood insurance companies.
Because the rates for an NFIP-sponsored flood policy are the same regardless of where you look, you only need to compare quotes if you opt for private flood insurance. However, NFIP coverage can be costly for some homeowners, while private flood insurers may be able to offer an affordable policy tailored to your needs.
We recommend comparing flood insurance quotes from multiple companies to find the best rates and coverage.
Flood insurance companies in Pennsylvania
Most flood insurance policies in the country are backed by the NFIP, but private companies are largely responsible for selling those policies to consumers and servicing flood damage claims. In Pennsylvania, the law also allows you to buy flood insurance directly from licensed private insurers, who may offer better value than the standardized NFIP policy.
There are currently 27 insurers who provide private flood insurance in Pennsylvania. This list includes surplus line insurers, which are out-of-state companies that are licensed to write private flood insurance policies in the state.
- Allstate
- American Commerce
- American National
- American Strategic
- Assurant
- Auto-Owners
- Everett Cash Mutual
- Farm Family Casualty
- Farmers
- The Hartford
- Homesite
- Liberty Mutual
- National General
- NFIP Direct Servicing Agent
- NGM
- Occidental
- Pacific Specialty
- Philadelphia Contributionship
If you prefer to work with an agent, you can find a list of licensed independent agents here.
Frequently asked questions
How much does flood insurance cost in PA?
On average, flood insurance in Pennsylvania is $1,390 per year. The average policy includes $228,873 of coverage.
How much does flood insurance cost in Philadelphia?
Philadelphia homeowners pay an average $956 per year for flood insurance, which includes an average $254,796 of coverage.
Methodology
Flood insurance rates are based on data provided by the National Flood Insurance Program (NFIP), which regulates flood insurance rates throughout the country. Most homeowners with flood insurance purchase it from insurers and agents participating in the NFIP.