Lancaster, PA Home Insurance Quotes!

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Did you know finding affordable homeowners insurance rates in Lancaster, PA just got easier? At GetHomeInsuranceQuotes.com, we provide superior service when it comes to finding cheaper rates with better coverage options and lower priced insurance packages. Our carriers are rated "A+" by A.M. Best and most of all they are brand names you can trust like Travelers, Safeco, Nationwide, Liberty Mutual, Progressive, and so many more.

It's time to start saving time and money by shopping your home and auto insurance policy with us. Lower rates are available for homeowners living in Pennsylvania so it's important to work with a Lancaster insurance agent that knows the best carrier that's right for you and your family. Remember, discounts are available for Lancaster homeowners that want to bundle their home and car insurance together to get a 22.5% discounts on average to help save you even more.

Interesting Facts About Lancaster, PA

It's no secret that Lancaster, PA has now reached over 59,322 residents in population size with 21793 homes within the city of Lancaster. The average family household size in Lancaster is reported to be around 12561. With population density increasing in Lancaster, it's important to make sure your home has the proper coverage and protection you need for your family. Please visit our home insurance discounts page to find out how you can save additional money on your home insurance premium to help make it more affordable for you.

DemographicValues
Population59,322
Total Occupied Households21793
Family Households (families)12561
Average Owner Occupied Household Size2.63
Average Family Size3.28
Total Housing Units23377

Average Homeowners Insurance Rates in Lancaster

When reviewing your home insurance policy, Lancaster homeowners are finding ways to save up to 40% or more when they shop and compare rates online. A common question that we get from homeowners based out of Lancaster, usually have to do with a comparison request of what they are currently paying per year for homeowners insurance compared to other residents living in LANCASTER County. For starters, average rates in Lancaster is around $689 per year for a $275,000 value home with a heated square footage around 1,375 square feet for replacement cost coverage. All discounts applied, smaller homes see rates as low as $439 per year. Larger homes in your area in the 2,000 square foot range that may cost around $400,000 may pay higher premiums in the range of $989 per year due to more dwelling coverage required simply because the home is bigger so it cost more to replace in value. Other discounts apply to help make rates cheaper, if you want to shop your home first and then let us shop your auto insurance, this will help decrease you premium because we offer a home and auto discount. These average home insurance rates reflect the cost of a standard home insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage. Does not include specific coverages like flood, earthquate, wind and hail.

If you are looking for the cheapest home insurance rate possible, then it may help to also review your current coverage options compared to the ones we can provide to you. Our Lancaster, PA licensed agent will help you review the best in price and coverage. Perhaps your current policy is not covering all of your needs. It's important to find a home insurance company that can provide competitive rates with outstanding coverages. Meaning, a policy you can easily afford and depend on when something may go wrong. Our online quoting process helps you find the best of both worlds, and for free you can easily enjoy the benefits of our online home insurance shopping process. Start your Lancaster, PA home insurance quotes request today!

Compare Homeowners Insurance Rates in Lancaster, PA!

Enter your Zip Code:    

Get up to 12 competitive Lancaster, PA homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Lancaster, PA rates all in one place!

Average Rates Nearby Lancaster

Are you looking for homeowners insurance in a city near Lancaster? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Lancaster, PA

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Lancaster.

17601,     17602,     17603,     17606,     

Lancaster, PA Home Insurance Average Premiums

Local Lancaster, PA home insurance quotes comparison

$439 /yr.

Shows Lancaster's lowest average rates with discounts applied.

For the city of Lancaster, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$439 /yr.
Average Coverage:$689 /yr.
2600 sq. ft. or higher
(all discounts applied)		$989 /yr.

What is the average home insurance cost for a home in Lancaster, PA?

  • • The average homeowners insurance premium paid annually for a home in Lancaster is around $689 per year.

What does it cost on average per month for home insurance in Lancaster, PA?

  • • Homeowners in Lancaster pay an average cost per month around $57.00 for insurance coverage.

Lancaster, PA Coastal Wind, Hail & Flood Information

Lancaster is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Lancaster, PA - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $0 $0
February $0 $0
March $0 $0
April $0 $0

Homeowners insurance will help cover the cost to repair or replace your Lancaster home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Lancaster
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Lancaster, PA homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Lancaster, PA rates all in one place!

Saving Money Tips on Lancaster Home Insurance

A great way to save money on Lancaster homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Lancaster area? Check out what homeowners are paying on average for Pennsylvania homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
378 ft. This is the average home elevation in Lancaster, PA

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Lancaster, Pennsylvania.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Lancaster, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Lancaster County.

Pennsylvania Homeowners Insurance News & Information

  • Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024

    Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]

  • Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024

    While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states.  In most states, insurers are allowed to consider credit scores when setting […]

  • The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024

    If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it.  A.M. Best is a credit rating […]

  • Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024

    A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

  • North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024

    North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

Lancaster, PA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Lancaster so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Lancaster, PA?

- The average square footage in Lancaster is around 1,312 Sq. Ft. which would cost you around $178,495 to replace the home if you base the home on the price to build per square foot of $136.

Minimum Replacement Cost Total: $178,495

Location: Lancaster, Pennsylvania (Lancaster County)

Average Building Cost Per Square Foot in Lancaster: $136 (low end)

Average Square Footage in Lancaster: 1,312 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$136$178,495
Some Additional Upgrades$170$223,119
Major Home Updates or Advancements$204$267,743

The dwelling coverage is calculated by the average cost per square foot ($136) in Lancaster, Pennsylvania times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $425,000 (Media price to build of $170 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.