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The Philadelphia Contributionship was founded in 1752 by our very own Benjamin Franklin. Since founding, they have grown to offer home insurance in five states: PA, NJ, MD, VA, and DE.

They offer homeowners, condo, renters, and landlord policies at very competitive rates. But the price isn’t everything — let’s break down how their home insurance offerings compare to the other options you may have.

Here’s everything you need to know about The Philadelphia Contributionship:

What’s protected with The Philadelphia Contributionship insurance?

The Philadelphia Contributionship’s policies follow the ISO standard forms used by most of the industry, which makes it easy for you to compare coverages.

They offer standard add-ons, such as water backup, mold coverage, and scheduled jewelry coverage. They also provide a very affordable way to add service line coverage to the policy, which covers the gap in most standard home insurance policies.

For example, if a utility line breaks outside your house, but still somewhere on your property (say under the front yard), you’re responsible for the repairs and cleanup. Neither the city nor your homeowners policy will cover this cost unless you have service line coverage added to your plan.

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How much does The Philadelphia Contributionship insurance cost?

The Philadelphia Contributionship tends to be one of the most competitively priced homeowners carriers in their home state of Pennsylvania. Undoubtedly, from their 250+ years in business, they have a good understanding of risk exposures in the region. But even during their recent expansion into NJ, MD, DE, and VA, their rates remain competitive.

They offer discounts if you have a home security system or fire alarm system on the property. Also, if you buy your auto policy through the same insurance agent, they include a bundling discount of 15%. Some customers with secure credit and no claims history get bumped into a special pricing tier, called Franklin Select. The rates in this tier can be 50% below the price of any competing carrier in the market.

The Philadelphia Contributionship details and reviews

The Philadelphia Contributionship is rated A- by AM Best with an initial rating date of June 30, 1922. It’s safe to say they aren’t going away any time soon.

Filing a claim with The Philadelphia Contributionship

Policyholders can file a claim:

  • By phone: 800-269-1409
  • By email: claims@1752.com
Tip: In the event of a loss, customers should take photographs, do the minimal amount necessary to prevent further damage, and save any relevant receipts.

Not only has the Philadelphia Contributionship been paying out claims for centuries, they currently boast a 94% claims satisfaction rate with customers that complete a claims experience.

Where is The Philadelphia Contributionship available?

The Philadelphia Contributionship offers home insurance in five states: Pennsylvania, New Jersey, Maryland, Virginia, and Delaware.

Final thoughts

The Philadelphia Contributionship has a 2.6/5.00 rating with the BBB, which is in line with industry giants like State Farm.

In summary, The Philadelphia Contributionship is exceptionally competitive in the states where they operate. Their claims processing is in line with industry standards, and they offer great coverage options on home, condo, dwelling, and renters insurance.


Need home insurance?
The Credible marketplace, which includes insurance services by Young Alfred, makes it easy to find a carrier and policy that’s right for you.

  • Fully online — Fill out all insurance forms online and buy homeowners coverage without ever picking up the phone. If you have any questions, Young Alfred offers 24/7 customer service.
  • Save time, money, and effort — Compare quotes from highly rated home insurance carriers in your area. It’s fast and easy.
  • Data privacy — Your information is kept safe and secure. We don’t sell your information to third parties, and you won’t get any spam phone calls from us.

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Disclaimer: All insurance-related services are offered through Young Alfred.

About the author
Credible Staff
Credible Staff

The goal of the Credible editorial writers and staff is to help our readers get up to speed on issues surrounding student loans, mortgage, and personal finance, so you can make informed decisions. We’re here to help you stay on top of the latest news, trends, concepts, and changes in policy and regulations.

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