Best homeowners insurance in Delaware (2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best and cheapest home insurance companies in Delaware.

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Laura GunnFreelance contributorLaura Gunn is an insurance expert and writer. As a former English teacher, she made the transition to full-time writing and editing in 2016. Since that time she has written extensively about insurance topics, as well as topics pertaining to education and marketing.Her work has been published in The Millennial Source, News Hunt 360, Realty Today, HNGN, and other publications.

Edited by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.
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Reviewed by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.

Updated|4 min read

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Given the threat of severe coastal storms and wintry weather, Delaware residents will want a solid homeowners insurance policy to ensure their homes are well protected. 

Even with these weather threats, the average cost of homeowners insurance in Delaware is just $918 per year or $77 a month. This is almost 50% cheaper than the national average of $1,754 per year.

Compare home insurance rates in Delaware

We don't sell your information to third parties.

But there are other factors you should consider when choosing an insurer. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Delaware.

Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Compare the best homeowners insurance companies in Delaware

According to our analysis, State FarmNationwideHomesite, Allstate, and Travelers are the best homeowners insurance companies in Delaware.

Policygenius analyzed thousands of quotes the largest Delaware insurers to find the average cost of homeowners insurance at each company. We then looked at J.D. Power customer satisfaction scores and compared that with the coverage needs of the state's residents to find the best homeowners insurance in Delaware.

Company

Average monthly cost

Policygenius rating

State Farm

$77

4.8 out of 5

Nationwide

$62

4.5 out of 5

Homesite

$104

4.5 out of 5

Allstate

$92

4.4 out of 5

Travelers

$79

4.4 out of 5

award icon

2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Offers earthquake insurance

Wind/hail deductible

Offers wildfire insurance

Why we chose itchevron icon

State Farm is one of the best home insurance companies in Delaware thanks to its large selection of policy options, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • Top-tier coverage add-ons, including extended replacement cost coverage

  • High customer satisfaction and financial strength ratings

Cons

  • No discounts for first-time homebuyers

  • Rates are about average in Delaware

More detailschevron icon

Why we chose State Farm

State Farm is the best home insurance company in Delaware, especially if you want to add coverage to a basic policy. State Farm lets homeowners get extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, and more.

State Farm's customer service is highly rated, too. The company has received high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. It has also received the highest rating possible from A.M. Best for financial strength and stability.

How do State Farm home insurance rates compare to the Delaware average?

The average cost of home insurance from State Farm in Delaware is $918 per year, which is only 1% more expensive than the statewide average.

How to get a quote

Online through State Farm or by contacting your local State Farm agent.

award icon

2024 Policygenius award winner

Nationwide

Nationwide logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Mobile app

New homebuyer discount

Offers extended replacement cost

Why we chose itchevron icon

Nationwide is one of the best home insurance companies in Delaware for top-rated customer service. Nationwide also offers cheap home insurance rates and a range of add-ons that you can use to personalize your coverage.

Pros and conschevron icon

Pros

  • Cheaper rates than average in Delaware

  • Receives fewer complaints than average

  • Multiple high-quality coverage options

Cons

  • Below-average digital experience ratings

More detailschevron icon

Why we chose Nationwide

Nationwide is one of the best home insurance companies in Delaware for its great customer service. Nationwide ranks fifth on J.D. Power's Property Claims Satisfaction Study from 2022 and receives far fewer complaints than other insurers, according to the National Association of Insurance Commissioners.

We also like Nationwide's many coverage options, including guaranteed and extended replacement cost coverages, better roof replacement, new belongings coverage, water backup protection, and equipment breakdown coverage.

Nationwide's rates are cheaper than average in Delaware, plus you could lower your premiums even more with the company's discounts. These include discounts for bundling, renovating your home, buying a new home, and others.

How do Nationwide home insurance rates compare to the Delaware average?

The average cost of Nationwide home insurance in Delaware is $739 per year, which is 19% cheaper than the annual statewide average.

How to get a quote

Online through Policygenius or Nationwide

Homesite

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.3

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

New homebuyer discount

Offers flood insurance

Offers earthquake insurance

Offers extended replacement cost

Offers wildfire insurance

Why we chose itchevron icon

Even though it's more expensive than average in the state, Homesite has some of the best home insurance in Delaware. You can choose from 15 policy add-ons to ensure your home is fully protected.

Pros and conschevron icon

Pros

  • 15 policy add-ons for extra protection, including extended replacement cost coverage

  • Offers flood and earthquake insurance, plus complimentary wildfire protection and mitigation services

Cons

  • Low score in J.D. Power’s claims satisfaction study

  • Rates are more expensive than average in Delaware

More detailschevron icon

Why we chose it

We chose Homesite as one of the best home insurance companies in Delaware because of its range of coverage options. These include guaranteed and extended replacement cost coverage, water backup protection, equipment breakdown coverage, and others.

Homesite also has decent customer service scores. The company scored below average on the J.D. Power Claims Satisfaction study, but it receives fewer complaints than expected according to the National Association of Insurance Commissioners.

How much does Homesite home insurance cost in Delaware?

The average cost of Homesite home insurance in Delaware is $1,242 per year, which is 35% cheaper than the statewide average.

How to get a quote

You can get a quote from Homesite by visiting Homesite’s website or by calling the company.

award icon

2024 Policygenius award winner

Allstate

Allstate logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Allstate is one of the top home insurance companies in Delaware. While its rates are higher than average in the state, Allstate also offers a few add-ons that can make a basic policy stronger.

Pros and conschevron icon

Pros

  • Offers HostAdvantage for short-term rental coverage

  • Offers water backup protection, other endorsements

Cons

  • Beginning to pull back coverage in high-risk areas

  • Higher rates than average in Delaware

More detailschevron icon

Why we chose Allstate

Allstate is a top home insurance company in Delaware. We like that Allstate offers some home insurance coverages that you can add to your policy for more protection, like water backup protection, scheduled personal property coverage, and identity theft restoration coverage.

If you're looking to cover your short-term rental, Allstate's HostAdvantage is another perk. HostAdvantage comes with theft protection, coverage for your damaged property ($10,000 per host period), and a $25 discount on cleaning services from Merry Maids.

How do Allstate home insurance rates compare to the Delaware average?

The annual average cost of Allstate home insurance in Delaware is $1,102 per year, which is 20% more expensive than the statewide average.

How to get a quote

Online through Policygenius or Allstate, or by contacting a local Allstate agent.

Travelers

Travelers home insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.4

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

New homebuyer discount

Mobile app

Offers extended replacement cost

Offers flood insurance

Why we chose itchevron icon

Travelers offers some of the best homeowners insurance in Delaware despite slightly higher-than-average rates thanks to industry-best financial ratings and flexible policy options for most home types.

Pros and conschevron icon

Pros

  • Green home coverage and discounts

  • Offers short-term rental coverage for Airbnb hosts

  • Doesn’t require prior insurance on the home

Cons

  • Subpar customer service ratings with J.D. Power

  • Underwhelming number of available discounts

  • Rates are about average in Delaware

More detailschevron icon

Why we chose Travelers

Travelers is one of the best home insurance companies in Delaware. One of the best parts of Travelers is that the company is willing to cover risks that other insurers typically won't, including property owners with no prior coverage, insurance for short-term rentals, and trampoline coverage.

We also like that Travelers offers a range of policy options that you can use to increase your coverage. These include extended replacement cost for your home and replacement cost coverage for your property, special personal property coverage, and water backup protection.

How do Travelers home insurance rates compare to the Delaware average?

The average cost of Travelers home insurance in Delaware is $953 per year, which is 4% more expensive than the statewide average.

How to get a quote

Online through Policygenius or Travelers

Compare home insurance rates in Delaware

We don't sell your information to third parties.

How much is homeowners insurance in Delaware?

The average cost of homeowners insurance in Delaware is $918 per year, or $77 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in Delaware is 48% cheaper than the national average per year.

Delaware homeowners insurance rates by city

We calculated the cost of home insurance in Delaware's largest cities and found that Middletown is the cheapest big city for homeowners insurance in the state, while Millsboro is the most expensive.

Here’s a look at the average cost of home insurance in the 20 largest cities in Delaware.

City

Average monthly cost

Average annual cost

Difference from state average (%)

Wilmington

$68

$816

-11%

Dover

$74

$887

-3%

Newark

$68

$815

-11%

Middletown

$67

$803

-13%

Smyrna

$70

$836

-9%

Milford

$90

$1,079

18%

Seaford

$86

$1,033

13%

Georgetown

$92

$1,106

20%

Millsboro

$102

$1,228

34%

New Castle

$68

$813

-11%

Clayton

$71

$856

-7%

Camden

$72

$865

-6%

Laurel

$89

$1,072

17%

Harrington

$81

$969

6%

Milton

$87

$1,041

13%

Lewes

$98

$1,171

28%

Selbyville

$79

$952

4%

Ocean View

$98

$1,175

28%

Townsend

$69

$824

-10%

Bridgeville

$83

$1,001

9%

Collapse table

Delaware homeowners insurance rates by coverage amount

The table below highlights the average annual premium in Delaware for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.

Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.

Dwelling coverage limit

Average annual cost

$100,000

$457

$200,000

$684

$300,000

$918

$400,000

$1,161

$500,000

$1,472

Compare home insurance rates in Delaware

We don't sell your information to third parties.

Cheapest homeowners insurance companies in Delaware

Based on our analysis of home insurance rates in every one of the state's ZIP codes, we found that the cheapest home insurance companies in Delaware are Cumberland Mutual and Nationwide.

Company

Average annual cost

Cumberland Mutual

$571

Nationwide

$739

State Farm

$926

Travelers

$953

Allstate

$1,102

Homesite

$1,242

Collapse table

Cheapest Delaware homeowners insurance if you have poor credit

If you have a poor credit score, your insurance rates are likely to be higher. This is because insurance companies connect having poor credit with being more likely to make a future claim.

With an average rate of $739 per year, Nationwide has the cheapest home insurance rates in Delaware for a homeowner with poor credit.

Company

Average annual cost

Nationwide

$739

Cumberland Mutual

$1,094

State Farm

$1,568

Travelers

$1,673

Allstate

$1,825

Homesite

$2,290

Collapse table

Cheapest Delaware homeowners insurance if you have an older home

It can cost a lot to insure older homes. That's because they're more prone to structural damage than new homes. Older homes are also often constructed out of materials and with features that would be expensive to replace if they were damaged.

With an average annual premium of $615, Cumberland Mutual offers the cheapest home insurance rates in Delaware for a home over 100 years old.

Company

Average annual cost

Cumberland Mutual

$615

Nationwide

$826

State Farm

$930

Allstate

$1,102

Travelers

$1,195

Homesite

$1,355

Collapse table

Cheapest Delaware homeowners insurance if you have a history of claims

If you have multiple claims on your record, you'll typically pay more for home insurance, as insurers will consider you more likely to file future claims than a homeowner with a spotless claims history.

With an average annual premium of $1,000, Cumberland Mutual offers the cheapest home insurance rates in Delaware if you've filed three claims within a five-year period.

Company

Average annual cost

Cumberland Mutual

$1,000

State Farm

$1,061

Nationwide

$1,638

Allstate

$1,726

Travelers

$1,875

Homesite

$2,032

Collapse table

Coverage options in Delaware

When looking at how much each insurance company charges for different coverage levels and risks, you should also be aware of what your policy does and doesn’t cover.

Before you buy homeowners insurance in Massachusetts, you should be sure you're protected against flooding and wintry weather.

Flood insurance

Homeowners insurance doesn't cover damage from floods. While only a almost 6% of homes in Delaware have flood insurance, you should consider getting a flood insurance policy if you live near the coast or in a low-lying part of the state.

Some companies offer flood endorsements or even separate flood insurance policies. Delaware homeowners can compare private flood insurance companies in the state with Policygenius, or choose a policy through a government entity like the National Flood Insurance Program (NFIP).

Insurance for wintry weather

It's possible that the wintry weather in Delaware could lead to conditions that damage your home, like heavy snow and fierce winds. Fortunately, most home insurance policies cover damage from wintry weather, like windstorms, frozen pipes, collapsed roofs, and more.

That said, it's always a good idea to make sure that your home is fully protected by adding extended or guaranteed replacement cost coverage to your dwelling coverage if it's available. That way, you will have enough insurance to fully rebuild your home if it were damaged.

How to buy homeowners insurance in Delaware

Delaware homeowners have to be prepared for a lot of inclement, wet weather. With the risk of severe wind damage being so high in coastal states like Delaware, it’s important to compare policies from multiple companies to make sure you’re getting the best coverage at the fairest price. 

5 steps for buying home insurance in Delaware

  1. Reach out to a licensed Policygenius agent. Our team of licensed insurance experts are ready to help you get the right coverage at the right price.

  2. Consider purchasing flood insurance. Flooding isn't covered by standard home insurance policy, so Delaware residents in high-risk flood zones may want to purchase separate flood insurance to ensure they're fully covered. A Policygenius agent can help you do this, too.

  3. Figure out how high of a deductible you can afford. You’ll want to figure out how much you’ll be able to afford to pay out of pocket every time you file a claim.

  4. Compare quotes from a Policygenius agent. Once you figure out your coverage needs and you input a few brief details about your house, a Policygenius agent will walk you through quotes from multiple companies to help you find the right coverage at the best price.

  5. Sign the policy and pay your first premium. Once you’ve chosen the policy you want, all that's left to do is sign and pay your first premium. Your Policygenius agent will complete all of the remaining paperwork on your behalf.

Compare home insurance rates in Delaware

We don't sell your information to third parties.

Frequently asked questions

What is the average cost of homeowners insurance in Delaware?

The average cost of homeowners insurance in Delaware is $77 per month or $918 per year.

Will my rates go up when I file a home insurance claim?

In general, filing claims can cause your premiums to go up, but it will often depend on what type of claim you file. Premium increases are most common after a theft, dog bite, or water damage claim.

How much home insurance coverage do I need?

The amount of coverage you need is usually based on the cost to rebuild your home. You shouldn't base your coverage amount on the purchase price or market value of your home because those numbers have no bearing on build prices.

Author

Laura Gunn is an insurance expert and writer. As a former English teacher, she made the transition to full-time writing and editing in 2016. Since that time she has written extensively about insurance topics, as well as topics pertaining to education and marketing.

Her work has been published in The Millennial Source, News Hunt 360, Realty Today, HNGN, and other publications.

Editor

Pat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.

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