Reading, PA Home Insurance Quotes!

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Homeowners, make sure your home insurance policy for your home in Reading, PA protects you from financial loss that could occur if your home was damaged. Did you know that homeowners are protected with a standard home insurance policy for fires, hurricane, lightning, wind, theft, vandalism, and even falling objects like tree limbs or power lines. Most home insurance policies provide liability coverage if you were found responsible for someone's injury.

It is important to understand that your standard home insurance policy is not covered for floods, this is a separate policy and can be purchased through your insurance carrier or through the National Flood Insurance Program. If your home is located in a flood zone, you will need to request a flood insurance policy from us. We can help you with this service and once you complete a Reading, PA home insurance quotes request online, our system will know if your home is in a flood zone. We look forward to help you!

For more information about your Reading home insurance protection, please review some of the most recent home insurance questions from our customers. For an online homeowners insurance quote, simply enter your zip code for the property that you would like to insure in Pennsylvania.

Reading, PA Housing Demographics

Did you know that the city of Reading has over 88,082 residents? There are 29979 occupied homes within the city of Reading. The average family household in Reading is 19257.

  • Reading City Population: 88,082
  • Total Occupied Homes in Reading: 29979
  • Family Households (families): 19257
  • Average Home Size: 2.94
  • Average Family Size: 3.52
  • Total Housing Units: 34208

Reading, PA Homeowners Insurance Quotes

On average, homeowners within the Reading limits are paying around $745 per year for a standard HO-3 policy which is basic coverage for a single-family home. Rates in this Reading can be as low as $495 per year for homes in the 1,500 square footage size. We can help you save more money on your policy when we apply home insurance discounts and possibly a home and auto insurance package. Larger homes in this area pay around $1,045 per year due to the replacement cost coverage being higher because the home is bigger in square footage size around 2,300 square feet or more. Don't worry! We can help you shop the best rates and coverage options and work with you to show you which policy is best for your Reading home.

The national average premium for homeowners in the United States is $1311. This usually helps when you want to compare your current annual premium payment against a local Reading policy or an overall countrywide average premium. These average homeowners 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.

Save time by taking advantage of our quoting and shopping service and let our licensed agent in Pennsylvania compare multiple coverage options for you. With our easy online shopping process, you can get quotes from up to 12 different home insurance companies. Local Reading agents advise shopping your policy twice a year so you can keep your coverage options aligned with your needs and recent upgrades. It's important to keep your homeowners insurance coverage up to date if you make any additional home improvements to your Reading home.

Compare Homeowners Insurance Rates in Reading, PA!

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

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

Average Rates Nearby Reading

Are you looking for homeowners insurance in a city near Reading? 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 Reading, PA

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

19601,     19602,     19604,     19605,     19606,     19607,     19608,     19609,     19610,     19611,     

Reading, PA Home Insurance Average Premiums

Local Reading, PA home insurance quotes comparison

$495 /yr.

Shows Reading's lowest average rates with discounts applied.

For the city of Reading, 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)		$495 /yr.
Average Coverage:$745 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1045 /yr.

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

  • • The average homeowners insurance premium paid annually for a home in Reading is around $745 per year.

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

  • • Homeowners in Reading pay an average cost per month around $62.00 for insurance coverage.

Reading, PA Coastal Wind, Hail & Flood Information

Reading 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.

Reading, PA - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $218,964 $190,919
February $219,695 $195,008
March $220,825 $200,003
April $221,397 $203,815

Homeowners insurance will help cover the cost to repair or replace your Reading 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 Reading
  • 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 Reading, PA homeowners insurance rates all in one place!

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

Saving Money Tips on Reading Home Insurance

A great way to save money on Reading 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 Reading 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
415 ft. This is the average home elevation in Reading, 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 Reading, 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 Reading, 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 Berks County.

Pennsylvania Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]

  • I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024

    According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]

  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]

Reading, PA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Reading 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 Reading, PA?

- The average square footage in Reading is around 1,242 Sq. Ft. which would cost you around $168,971 to replace the home if you base the home on the price to build per square foot of $136.

Minimum Replacement Cost Total: $168,971

Location: Reading, Pennsylvania (Berks County)

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

Average Square Footage in Reading: 1,242 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$136$168,971
Some Additional Upgrades$170$211,214
Major Home Updates or Advancements$204$253,457

The dwelling coverage is calculated by the average cost per square foot ($136) in Reading, 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.