Industry Average: 75
Industry Average: 7.7
Industry Average: 8
Industry Average: 7
Penn National Insurance was founded by a farmers’ trade organization in 1919. They sell insurance through independent agents in 11 states. While the main lines that Penn National Insurance specializes in are personal auto, liability, workers compensation, commercial auto, and homeowners, it also has other specialty coverage. The company has a wide offering of online services to make insurance more convenient for you, and some good add-on options or discounts for auto/home coverage.
Lines of Business:
While all companies offer a range of home insurance discounts, it's hard to judge any individual discount's value in a meaningful way. For one, the discounts are typically a percentage off the base price, instead of the whole policy.
What does this mean?
Your best bet is to directly discuss your particular situation with an agent to make sure you're getting all the discounts that you may be eligible for on your auto policy. For reference, we've listed all the discounts we believe Penn National has below in order to help determine which ones may fit your profile (though keep in mind that they can vary by state).
|Available Option||What it means||Discount Data|
When homes are protected with alarms, the likelihood of theft drops. Security systems that report their alarms to a monitoring service or the police provide heftier discounts.
2% to 3%
When a homeowner has not had any claims, it's a sign to insurers that they are less likely to make one in the future. With this lower risk profile, insurers can offer savings. The look-back window is almost always five years, but some insurers only look back three years or offer the discount on a sliding scale.
10% to 20%
Fire Protective Devices
Homes with smoke detectors and fire alarms have increased odds of being saved from destruction when they burn. Alarms that report to a central monitoring service, who can call the firefighters are far more effective than ones with just a siren. Correspondingly, discounts are higher for these more advanced systems.
2% to 10%
How does Penn National compare to other insurance companies? Click the following links below to compare Penn National to other top insurance companies.