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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 uvGdSbxU/3EU3j4d3cchCQ==

<SEC-DOCUMENT>0001209191-05-008541.txt : 20050211
<SEC-HEADER>0001209191-05-008541.hdr.sgml : 20050211
<ACCEPTANCE-DATETIME>20050211143521
ACCESSION NUMBER:		0001209191-05-008541
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041231
FILED AS OF DATE:		20050211
DATE AS OF CHANGE:		20050211

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHILADELPHIA CONSOLIDATED HOLDING CORP
		CENTRAL INDEX KEY:			0000909109
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				232202671
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE BALA PLAZA
		STREET 2:		SUITE 100
		CITY:			WYNNEWOOD
		STATE:			PA
		ZIP:			19004
		BUSINESS PHONE:		6106428400

	MAIL ADDRESS:	
		STREET 1:		ONE BALA PLAZA
		STREET 2:		SUITE 100
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGUIRE HOLDING CORP
		DATE OF NAME CHANGE:	19930714

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KELLER CRAIG P
		CENTRAL INDEX KEY:			0001188224

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22280
		FILM NUMBER:		05597422

	MAIL ADDRESS:	
		STREET 1:		C/O PHILADELPHIA INS COMPANIES
		STREET 2:		ONE BALA PLAZA STE 100
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>doc5.xml
<DESCRIPTION>FORM 5 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2004-12-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>1</form4TransactionsReported>

    <issuer>
        <issuerCik>0000909109</issuerCik>
        <issuerName>PHILADELPHIA CONSOLIDATED HOLDING CORP</issuerName>
        <issuerTradingSymbol>PHLY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001188224</rptOwnerCik>
            <rptOwnerName>KELLER CRAIG P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>SUITE 100</rptOwnerStreet1>
            <rptOwnerStreet2>ONE BALA PLAZA</rptOwnerStreet2>
            <rptOwnerCity>BALA CYNWYD</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19004</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP &amp; CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>53.22</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-04-29</value>
                <footnoteId id="F1"/>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value>L</value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>30000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2009-02-11</value>
            </exerciseDate>
            <expirationDate>
                <value>2014-02-11</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock (No Par Value)</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>30000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>147500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The option grant was approved by the Compensation Committee of the Board of Directors on February 11, 2004 subject to shareholder approval of an Amendment to the Company's Employee Stock Option Plan under which the option was granted.  The Company's shareholders approved the Amendment to the Company's Employee Stock Option Plan on April 29, 2004.</footnote>
        <footnote id="F2">Options granted pursuant to Philadelphia Consolidated Holding Corp's Employee Stock Option Plan.  No consideration was paid.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Craig P. Keller</signatureName>
        <signatureDate>2005-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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