Find the Best Homeowners Insurance Rates & Companies in Delaware

Several companies write homeowners insurance policies in Delaware. Comparison shopping enables you to find the policy that offers suitable coverage at the most competitive rate.

Independent insurance agents have relationships with some of the best insurance companies in Delaware. This enables them to quickly provide you with a selection of policies and customized quotes that you can review and compare together. That way, you can choose the policy that offers the best price for the coverage you want.

Arrange an obligation-free consultation with an independent insurance agent near you to get started.

The Best Homeowners Insurance Companies in Delaware

No insurance company can claim to be the best for every homeowner in Delaware. The company that may be the best choice for your neighbor is not necessarily the best choice for you. Comparison shopping lets you look at multiple policies so you can select the one that has the coverage you want at the most affordable price.

Independent insurance agents understand this. That is why they work with multiple top-rated insurance providers in Delaware, including companies like:

  • Progressive: The convenience of state-of-the-art online services and an award-winning mobile app make this insurance company a top choice for Delaware residents.
  • Stillwater Insurance Group: Talk to an agent to discover why 90% of Stillwater’s customers would recommend this insurer to their friends and family.
  • Foremost: Foremost has coverage options that other insurance providers may not offer. Enjoy A Better Insurance Experience® when you work with Foremost.
  • Travelers: Since 1963, Travelers has provided its customers with reliable coverage through its full line of insurance products.
  • Main Street America: Main Street America helps protect your most valuable assets with extended homeowners protection, including replacement cost coverage, law and ordinance coverage, and backup of sewers and drains coverage.

You can begin your search for the best home insurance company in Delaware by talking to a local independent insurance agent. These experienced agents can help you obtain and compare policies and quotes so you can select the provider that offers the best value.


What Homeowners Insurance in Delaware Can Cover

If you own a house in Delaware, you can protect the investment you have made in it by purchasing a good home insurance policy. Home insurance provides six types of coverage:

  • Dwelling coverage: This pays to repair or rebuild the structure of your home if it is damaged by a covered event.
  • Other structures coverage: This pays for damage to other structures on your property, like fences, detached garages, and storage sheds.
  • Contents coverage: This pays to repair or replace personal property that has been damaged by a covered event.
  • Loss of use coverage: This covers your extra living expenses if damage from a covered event leaves your home unsafe for occupation.
  • Homeowners liability coverage: This covers legal fees, court costs, damages, and other related expenses if you or a member of your household is sued.
  • Medical payment coverage: This pays for medical treatments if someone outside your household is injured on your property, regardless of legal liability.

With the help of an independent insurance agent in Delaware, you can be confident you are purchasing sufficient amounts of coverage in each category.


What Homeowners Insurance in Delaware Does Not Cover

Homeowners insurance shields you from financial losses related to many risks, but it doesn’t pay for everything. For instance, you should not expect your policy to pay for the following:

  • Damage to your vehicle, even if it occurs while your car is parked in your garage
  • Property damage caused by rodents, termites, or other pests
  • The remediation of mold, rot, or rust
  • Loss or damage caused by acts of terrorism
  • Flood damage

You should also be aware that your policy will only provide limited coverage for things like:

  • Business property and equipment kept in your home
  • Valuables like jewelry, original artworks, collections, and heirlooms
  • Recreational vehicles like boats, personal watercraft, snowmobiles, and ATVs

To ensure that all your property is suitably covered, you can purchase supplemental policies or special home insurance policy endorsement. At your request, an independent insurance agent can help you find the best and most affordable coverage solutions.


What Homeowners Should Know about Flood Damage in Delaware

As mentioned above, homeowners insurance policies in Delaware will not cover damage caused by floods. Unfortunately, more than 50,000 properties in this state have a significant risk of sustaining flood damage over the next thirty years. That is 15% of all homes and businesses.

If your house is among the properties at risk for flooding, you can shield yourself from significant financial losses related to this hazard by purchasing flood insurance. Affordable policies are available through the National Flood Insurance Program in NFIP-participating communities. Otherwise, you can buy coverage through a commercial provider.

In most cases, flood insurance is optional. However, if your home is located in a FEMA-designated flood zone and you still owe on a mortgage or a home equity loan, your lender will require you to maintain flood insurance coverage until your loan is paid in full.

When deciding whether or not to purchase a policy, it is worth considering that the average compensation per flood claim in Delaware is $17,900. Flood insurance policies take 30 days to go into effect, so do not wait until heavy rains are imminent to buy your coverage.

Average Cost of Homeowners Insurance in Delaware

Residents of Delaware will be happy to learn that homeowners in this state pay among the lowest rates for home insurance in the county. While homeowners in the US pay an average of $1,211 a year for their coverage, the average cost of homeowners insurance in Delaware is just $833 a year.

Of course, this is just an average rate. Your actual costs are likely to differ from this amount because insurance companies calculate premiums individually based on factors like your home’s size, age, and rebuild value; the crime rate and weather risks in your ZIP Code; your insurance claims history and credit score; and the amount of coverage you wish to purchase.

You can consult a local independent agent to find out how much a homeowners insurance policy will cost for your house. These agents can contact some of the best insurance companies in Delaware on your behalf to obtain customized quotes for your review. Contact an independent insurance agent near you to get started.


How well do Delaware's cities measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,428 year
CityAverage Insurance CostAverage Home Rebuild ValueBurglaries / 1,000 Residents
Bear$840$219,1881.38
Brookside$780$206,1222.09
Delaware City$780$198,2836.01
Dover$888$178,9552.14
Glasgow$1,164$286,3976.63
Hockessin$1,764$461,1622.23
Lewes$2,292$584,3181.83
Middletown$1,272$315,3513.03
Milford$876$199,8325.87
New Castle$804$203,0913.42
Newark$1,152$290,3692.24
Rehoboth Beach$3,924$1,000,0007.12
Seaford$756$178,2685.63
Smyrna$900$210,7043.31
Wilmington$720$174,4009.85

Popular Questions about Delaware Home Insurance

The average cost of homeowners insurance in Delaware is just $69 a month. That is much lower than the US average monthly rate of $101 a month. Talk to a local independent insurance agent to find out how much a policy will cost to cover your home and property.

Insurance companies take a lot of factors into consideration when they calculate how high your premiums should be. Some things that can influence your price for coverage include:

  • The size, age, and rebuild value of your house
  • The age of your roof
  • The crime rate in your neighborhood
  • Your claims history and credit score
  • The amount of coverage you are purchasing
  • The size of your deductible
  • Whether you qualify for any offered home insurance discounts

Every insurance company uses a different method to assess risk and calculate rates, so it pays to obtain customized quotes from a few different providers. Independent insurance agents in Delaware make comparison shopping easy.

No. Delaware has no laws stating that homeowners must cover their property with insurance. Financial institutions, however, may require you to have coverage. Your house serves as collateral if you have an open mortgage or a home equity loan. Therefore, your lender will have a vested interest in ensuring that the property is suitably covered. Once you own the house outright, coverage is optional but highly recommended.

Homeowners insurance is designed to protect your finances in a few different ways:

  • By covering damage to your home and property
  • By paying your extra living expenses if you are displaced from your home by a covered event
  • By shielding you from financial losses related to personal liability lawsuits

Talk to an independent insurance agent in Delaware to learn more about each type of coverage your home insurance provides.

There are a number of hazards that can result in damage to area homes and property. Some of the most common in Delaware include:

  • Severe storms: Including windstorms, tropical storms, thunderstorms, and snowstorms
  • Harsh winter weather: Including heavy snows, frozen pipes, and ice accumulation
  • Falling objects: Including hailstones, branches, and uprooted trees
  • Property crimes: Including burglary and vandalism
  • Fires: Including damage caused by flames, smoke, and firefighting efforts

A good homeowners insurance policy will cover damage caused by all these risks. Be aware, however, that flood damage, which is often associated with severe storms, is not covered. You will need a separate flood insurance policy to be protected against this hazard.

Some home insurance companies in Delaware that are known to provide outstanding coverage at competitive rates include Travelers, Progressive, Stillwater, Foremost, and Main Street America. Independent insurance agents can help you compare rates from multiple providers so you can rest assured you are getting your coverage at a reasonable price.

Independent agents are available to answer your insurance-related questions, offer trustworthy guidance and advice, and help you understand the fine print in your policy. These agents can save you time and money by helping you find the policy that is best suited to your coverage and budgetary needs. With more than 50 independent agencies in Delaware, it should be easy to arrange an obligation-free consultation with an independent insurance agent near you.

Do You Know What Your Home Insurance Covers in Delaware?

Average Cost of Home Insurance Near You

Average monthly cost of home insurance in Bear, DE: $70

Sometimes, when storms blow into town, they can lead to widespread power outages. A prolonged power outage can lead to many expensive losses, whether due to frozen and burst pipes, rotted food, or a failure of your sump pump. Fortunately, depending on the nature of the damage and the fine details of your policy, your homeowners insurance may be able to provide compensation.

Independent insurance agents in Bear, DE can answer your insurance-related questions and can help you find a reasonably priced homeowners insurance policy that provides the coverage you need to shield yourself from significant financial losses.

Average monthly cost of home insurance in Delaware City, DE: $65

Residents of Delaware City sometimes experience harsh winter weather. Whether heavy snows have damaged your roof, ice accumulation has destroyed your gutters, or prolonged freezing temperatures have caused pipes in your home to freeze and burst, you can count on your homeowners insurance policy to cover the associated costs.

When you are shopping for a suitable homeowners insurance policy at a competitive price, it pays to work with an independent insurance agent. These agents can obtain multiple home insurance quotes that you can review and compare together. Arrange an obligation-free consultation with an insurance agent near you to get started.

Average monthly cost of home insurance in Dover, DE: $74

While the average price for homeowners insurance in Dover is $74, your costs can be significantly higher or lower than this amount based on the value of your home and the neighborhood in which it is located. For instance, the average cost for coverage in Downtown Dover is much higher than in the Edgehill neighborhood.

Talk to a local independent insurance agent to start comparing rates to insure your Dover, DE home. By comparing prices from a few different insurance companies, you can be sure that whatever policy you choose, you are getting your coverage at a reasonable price.

Average monthly cost of home insurance in Lewes, DE: $191

Given its location along the Eastern Seaboard, it is little wonder that residents of Lewes, DE have a significant risk of sustaining hurricane damage. One of the worst hurricanes to blow through this city was Hurricane Isabel in 2003. When this storm hit the city of Lewes, it had winds of 115 miles per hour and caused significant damage to area homes and businesses. While your homeowners insurance can cover the damage caused by high winds, it will not cover the flood damage that often accompanies these storms. For that, you will need to carry flood insurance.

Local independent insurance agents can help you obtain home and flood insurance coverage at a reasonable price. Talk to an independent agent near you to get more information and compare customized homeowners insurance quotes.

Average monthly cost of home insurance in Middletown, DE: $106

Severe storms often strike in the Middletown, DE area. Sometimes, these storms are accompanied by lightning. If a lightning bolt hits a tree in your yard and causes it to fall onto your house, or worse, if your house itself is struck by lightning, the damage to your home can be significant. Fortunately, you can expect your homeowners insurance policy to cover your losses.

Local independent insurance agents are aware of the risks you face as a homeowner in Middletown, DE. They can help you be sure that whatever policy you choose, you get sufficient coverage at a competitive price.

Average monthly cost of home insurance in Newark, DE: $96

One of the risks that can lead to damage to property in Newark, DE is falling objects like branches, uprooted trees, and hail. Though hailstorms do not frequently occur in this city, they do happen. The largest hailstones on record in the Newark, DE area measured 1.75 inches in diameter. That is large enough to cause significant damage to roofs, gutters, and siding. Fortunately, this hazard is covered by homeowners insurance.

Learn more about what your home insurance policy can do for you by speaking with an independent insurance agent in Newark, DE. These experienced agents can offer you trustworthy guidance and advice.

Average monthly cost of home insurance in New Castle, DE: $67

One of the worst things a homeowner in New Castle, DE can experience is a fire in their home. It doesn’t matter whether it was caused by an out-of-control cooking fire, an unattended candle, or faulty wiring; so long as the homeowner did not intentionally start the fire, home insurance can cover the damage caused by flames, smoke, and firefighting efforts. Your policy can also cover your extra living expenses if you must move out of your house while the damage is repaired.

A local independent insurance agent can help you find a comprehensive home insurance policy at an affordable price. Contact an agent near you to start comparing a selection of homeowners insurance quotes.

Average monthly cost of home insurance in Rehoboth Beach, DE: $327

Rehoboth Beach is home to some of the most valuable properties in the state. Many houses in this city cost several million dollars. However, as a coastal city, the severe weather risk is high. The financial losses can be excessive if a covered hazard like a fire or a windstorm destroys these houses. That is why insurance coverage for many homes in the beachfront city is so expensive.

With homeowners insurance costs being so high in this city, it pays to work with a local independent insurance agent. These agents can obtain customized home insurance quotes from multiple providers so you can choose the policy that offers the best value for your money.

Average monthly cost of home insurance in Seaford, DE: $63

When tropical storms make their way up the coast, they can bring high winds to the Seaford, DE area. Windstorms can loosen shingles on your roof, drive debris into the walls of your home, and cause damage to outdoor structures like fences and carports. A good homeowners insurance policy can cover the damage caused by gusty winds as well as most other hazards you are likely to face as a property owner in Seaford.

If you have questions about your homeowners insurance coverage, a local independent insurance agent can provide the answers. These agents are available to explain the fine details of your policy in a way that is easy to understand. They can also compare rates from a few competing insurance providers to ensure you are not overpaying for your home insurance coverage. Talk to an independent agent near you to learn more.

Average monthly cost of home insurance in Wilmington, DE: $60

Homeowners in Wilmington, DE have a high risk of sustaining loss due to property crimes like burglary and vandalism. The burglary rate in this city is nearly three times the state’s average. Fortunately, your home insurance policy can help you recoup your losses if you are the victim of a property crime.

You may be able to earn valuable discounts on your home insurance coverage if you install theft deterrents like home security systems and surveillance cameras in your home. Talk to an independent insurance agent in Wilmington to learn more about this and other money-saving discounts.