Delaware's average home insurance premium costs $79 per month or $949 annually. That's 73% cheaper than the national average, saving residents about $210 monthly. Delaware ranks as the least expensive state for home insurance coverage.
Average Home Insurance Cost in Delaware
Updated: January 6, 2026
Advertising & Editorial Disclosure
Key Takeaways: Delaware Home Insurance Rates
Delaware ranks as the least expensive state for homeowners coverage, with insurance costing an average of $79 monthly or $949 annually.
Determine your coverage needs, gather multiple quotes and research providers to find the best home insurance in Delaware at competitive rates.
MoneyGeek's free Delaware home insurance calculator helps you estimate costs in seconds without providing any personal information.
How Much Is Home Insurance in Delaware?
| Delaware | $949 | $3,467 | -73% |
*These rates are for a frame construction home built in 2000 with $250,000 dwelling, $125,000 personal property, $200,000 liability coverage and a $1,000 deductible.
Get Free Delaware Home Insurance Estimates
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
$220
High
$144
Average
$104
Low
Rates updated:
Jan 07, 2026
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
What Affects Average Delaware Home Insurance Costs?
Delaware homeowners pay different rates based on risk factors specific to their property and profile. Your insurer evaluates home construction, location and age, then factors in your credit score and claims history to calculate premiums. Coverage limits and deductible choices further influence your final cost.
Average Delaware Home Insurance Cost by City
Your city within Delaware influences your insurance costs through local property characteristics and weather exposure. Newark's rates run slightly lower than Dover's, reflecting differences in building ages and property values across New Castle and Kent counties. Sussex County coastal cities see Atlantic storm risks, while northern Delaware cities deal with different weather patterns including nor'easters that track up the I-95 corridor.
| Dover | $81 | $970 |
| Newark | $77 | $921 |
| Port Penn | $78 | $940 |
| Wilmington | $81 | $967 |
Average Delaware Homeowners Insurance Pricing by Coverage Level
Delaware homeowners insurance premiums vary based on your coverage choices, ranging from $511 to $3,121 annually. Higher coverage limits and lower deductibles push premiums up, while choosing lower coverage amounts and higher deductibles brings costs down.
| $100K Dwelling / $50K Personal Property / $100K Liability | $43 | $511 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $79 | $949 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $139 | $1,669 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $199 | $2,385 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $260 | $3,121 |
Average Cost of Delaware Home Insurance by Company
Shopping between insurers can save you hundreds of dollars annually on Delaware home insurance. Travelers offers the state's lowest average rate at $697, while Homesite charges $1,266 for similar coverage. Request quotes from at least three companies to identify which insurer prices your specific risk profile most competitively.
| Travelers | $58 | $697 |
| Nationwide | $70 | $843 |
| Allstate | $79 | $948 |
| State Farm | $83 | $994 |
| Homesite | $105 | $1,266 |
Delaware Homeowners Insurance Costs by House Age
Delaware insurers price coverage based partly on when your home was built. Newer homes cost $704 annually, which is $245 less than middle-aged properties at $949. Modern plumbing reduces water damage claims, updated electrical systems lower fire risks, and recent roofing means fewer leak-related claims. Older homes ($944 annually) often cost more to insure, as vintage construction presents different risk profiles than 1990s-era building methods.
| Newer | $59 | $704 |
| Older | $79 | $944 |
| Middle Age | $79 | $949 |
Average Delaware Home Insurance Cost by Credit Score
Credit scores impact Delaware home insurance costs. Insurers view better credit as lower risk, resulting in reduced premiums. Annual rates range from $487 to $1,430 based on your credit profile.
| Excellent | $41 | $487 |
| Good | $79 | $949 |
| Below Fair | $84 | $1,004 |
| Poor | $119 | $1,430 |
Why Is Home Insurance So Affordable in Delaware?
Delaware home insurance ranks as the nation's most affordable due to the state's stable weather patterns compared to high-risk regions, lower coastal storm frequency than neighboring states, and competitive insurance market with multiple carriers keeping rates down.
Lower Catastrophic Loss History
Delaware experiences fewer severe weather events than many coastal states, which limits insurers’ exposure to large-scale losses. Data from the National Centers for Environmental Information show that Delaware recorded just one billion-dollar weather disaster in 2024, compared with 11 in Florida and 20 in Texas during the same year.
Although Delaware sits along the Atlantic coast, it lies outside the main hurricane belt, and many major storms weaken before reaching the state. With fewer large disaster losses to account for, insurers can hold lower reserves and offer more competitive pricing to Delaware homeowners.
Competitive Insurance Market
Delaware maintains a competitive insurance marketplace with numerous carriers operating in the state, driving prices down through competition. The Delaware Department of Insurance regulates rates to prevent excessive pricing while encouraging market participation.Â
Multiple national and regional insurers compete for Delaware customers, creating pricing pressure that benefits homeowners. This competitive environment, combined with the state's small geographic size, allows insurers to efficiently serve customers and offer lower rates than markets with less competition.
Fewer High-Value Coastal Properties
Delaware's relatively modest coastal property values compared to neighboring Mid-Atlantic states contribute to lower average premiums. While Delaware has valuable beachfront communities in Rehoboth Beach and Bethany Beach, the state lacks the concentration of multi-million dollar coastal estates found in the Hamptons, Cape Cod or coastal New Jersey. Lower property values mean smaller potential claims, allowing insurers to charge less for coverage across the state.
Tips to Save on Delaware Home Insurance
Delaware home insurance costs continue climbing, making it essential to find the cheapest home insurance in Delaware. These practical strategies can help you lower your premiums and protect your budget.
- 1Calculate Coverage Needs
Set your dwelling coverage based on what it would cost to rebuild your home today, not its market price or county tax value. Homeowners near Rehoboth Beach or Bethany Beach should carry a separate flood policy, since standard home insurance does not cover flood damage.Â
Properties farther inland, including areas near the Christina River or Nanticoke River, may also need flood coverage based on elevation and FEMA flood zone maps.
- 2Research Costs and Discounts
Use MoneyGeek's Delaware home insurance calculator to establish baseline pricing for your property before gathering quotes. Ask each insurer about their complete discount menu during the quoting process. Some Delaware insurers offer discounts for storm shutters, while others provide breaks for gated communities or retirement.
- 3Compare Multiple Providers
Request quotes from at least three insurers and evaluate more than the premium price. Check J.D. Power customer satisfaction ratings, AM Best financial strength scores, and Delaware Insurance Department complaint ratios. A Wilmington insurer offering $100 less annually may delay claims or dispute coverage, ultimately costing more after storm damage. Balance premium savings against service quality and financial stability.
- 4Bundle Home and Auto
Combine home and auto insurance with the same provider to reduce rates on both policies. Delaware residents save 10% to 25% through bundling discounts. This strategy works well for homeowners in Sussex County who commute longer distances and maintain multiple vehicles alongside their property insurance needs.
- 5Lower Your Risk Profile
Homeowners with no claims over the past five years pay less for coverage. In Delaware, staying claim-free saves about $151 per year compared with filing one claim and $278 compared with filing two.Â
Adding monitored security systems and smoke detectors can further reduce premiums. For coastal properties, storm shutters or impact-resistant windows may also qualify for wind mitigation discounts by lowering storm-related risk.
REVIEW YOUR POLICY ANNUALLY
Review your coverage limits each year to confirm your dwelling coverage matches current replacement costs, especially after home improvements or renovations. Check whether you still need the same personal property limits or if your liability coverage adequately protects your assets. Annual reviews help you avoid overpaying for unnecessary coverage while ensuring you maintain adequate protection for your home.
Calculate Delaware Homeowners Insurance Costs: FAQ
Delaware homeowners insurance costs depend on many factors specific to your property and location. The following FAQs address common questions about home insurance pricing and help you understand what affects your rates in the state.
How much will my premium increase after filing a claim in Delaware?
In Delaware, filing a claim often leads to higher premiums. Homeowners with no recent claims pay about $949 per year on average. After one claim, annual costs rise to roughly $1,100, and two claims increase premiums to about $1,227. These added costs stay in place for five years, since insurers factor prior claims into pricing during that period.
Does Delaware require flood insurance for homeowners?
Delaware doesn't require flood insurance across the state, but your mortgage lender will if your home sits in a FEMA high-risk flood zone. Coastal areas near Rehoboth Beach and properties along the Christina River often land in these zones, so you'll need flood coverage to get financing.
Does home insurance in Delaware cover tornado damage?
Yes, standard home insurance policies in Delaware cover tornado damage to your dwelling, other structures and personal property. Your policy covers wind damage from tornadoes, including roof damage, broken windows and destroyed structures. However, you'll need to pay your deductible before coverage kicks in.
Tornado damage falls under the windstorm coverage that's included in most homeowners insurance policies. This means you don't need to buy separate tornado insurance to protect your home. The coverage applies to damage caused by the tornado's winds, flying debris and objects that hit your property during the storm.
Keep in mind that while tornado damage is covered, flooding caused by the tornado is not. Standard home insurance policies exclude flood damage, so you'd need separate flood insurance to cover water damage from heavy rains or storm surge that might accompany a tornado.
Why does home insurance cost more for older homes in Delaware?
Age has a clear effect on home insurance costs in Delaware. Coverage for older properties runs about 34% higher than for newer homes. Newer houses average $704 per year, while older homes cost about $944 annually, a $240 gap. Homes built in the middle years land between those figures at roughly $949 per year.
The higher price reflects added risk tied to aging components. Electrical systems, plumbing and roofs wear down over time, increasing the chance of damage. Insurers also account for higher repair costs, since older homes often need specific materials or construction methods to match original standards.
What's the average deductible for Delaware homeowners insurance?
Most Delaware homeowners choose deductibles between $500 and $2,500, with $1,000 being the most common option. Higher deductibles lower your premium but increase out-of-pocket costs when filing claims, so balance affordability with financial preparedness.
How We Analyzed Delaware Home Insurance Rates
MoneyGeek calculated Delaware home insurance estimates using real rate data from major insurers across the state. We created a standard homeowner profile to ensure fair comparisons between companies and coverage options.
Our baseline profile includes $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and a $1,000 deductible. The model assumes a home built in 2000 with frame construction, a composition roof, and no insurance claims filed in the past five years.
This profile represents typical Delaware homeowners based on median home values and common property characteristics. The $250,000 dwelling amount aligns with home values in many Delaware markets, while the 2000 build year reflects the most common age category for homes in the state.
We tested how different factors affect rates by changing one element at a time while keeping everything else the same. For example, when analyzing how home age impacts premiums, we compared identical policies for homes built in 1980, 2000, and 2020. This approach shows the true effect of each factor on your costs.
Your actual rates will be different depending on your home's specific features, location, claims history, credit score, coverage amounts, and chosen insurer. The rate variations shown throughout our analysis demonstrate how much these factors influence what you'll pay for coverage.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
sources
- National Centers for Environmental Information. "Delaware Billion-Dollar Disaster Events (1980-2024)." Accessed January 7, 2026.