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The average car insurance cost in Wilmington, Delaware is $2,136 per year, according to Insure.com data. This is $73 more than the average auto insurance cost in Delaware and $241 more than the national average, as analyzed by Insure.com.

Graph
Table
City average ratesState average ratesNational average cost
$2,136$2,063$1,895

The rates can vary wildly depending on where they are filed. City demographics, including population density and average resident age, will affect how much money you spend on premiums which could make it cheaper or more expensive than other areas with different factors like accident rates, theft and vandalism rates, etc.

The article covers information on – the cheapest car insurance providers in Wilmington, the average car insurance rates by age, gender and how much is car insurance in Wilmington based on coverage limits. Whether you’re a new driver or have been driving for years, this article can help you find the best deal on cheap car insurance in Wilmington. Read on to learn more.

Key Takeaways

  • The average car insurance cost in Wilmington, Delaware is $2,136 per year.
  • Nationwide offers the cheapest car insurance in Wilmington, at an average of $1,806 per year.
  • Young adults pay $3,643 per year for car insurance in Wilmington.

Cheap car insurance companies in Wilmington

Nationwide provides the best value for car insurance in Wilmington with coverage limits of 100/300/100, costing $1,806 annually.

A close second is Travelers, which offers car insurance at $1,979 per year.

Affordable car insurance providers in Wilmington

Graph
Table
Company NameAverage annual costAverage monthly cost
Nationwide$1,806$151
Travelers$1,979$165
Geico$2,068$172
Progressive$2,265$189
State Farm$2,650$221
American Family$3,134$261
USAA$1,850$154

Read about the best car insurance companies.

Average car insurance cost in Wilmington by coverage limits

The average car insurance rates in Wilmington by coverage type are as follows:

  • State minimum coverage: $902 per year (limits of 25/50/25)
  • Liability-only coverage: $1,190 per year (limits of 50/100/50)
  • Full coverage: $2,136 per year (limits of 100/300/100)
  • Non-owners coverage: $326 per year

In many states, drivers are legally required to maintain state minimum coverage. However, these requirements vary by state. However, the state minimum coverage does not protect vehicles listed on your policy in an at-fault accident.

It’s advisable to choose full coverage to avoid the risk of inadequate coverage and out-of-pocket expenses. You can also choose non-owners coverage if you often borrow or rent vehicles and don’t own one yourself.

Average car insurance rates by gender in Wilmington

Based on an analysis by Insure.com, female drivers in Wilmington, Delaware pay an average annual car insurance premium of $2,178. In comparison, male drivers pay $2,094 annually, which is $84 less than what female drivers pay.

According to the Insurance Information Institute, statistics indicate that women are generally considered safer drivers than men. Also, women pay less for car insurance due to the lower rate of severe accidents.

Read more on how gender affects car insurance rates.

Average car insurance rates by age in Wilmington

In Wilmington, car insurance rates are the highest for teens, at $8,664 per year or $722 per month. The rates are higher for teenagers (16- to 19-year-olds) as they are more prone to road accidents due to their lack of experience on the road, according to the Insurance Information Institute. There are driving laws for teens to help them drive better. Also, teen insurance rates can be lowered by adding teens to a parent’s auto insurance policy.

Car insurance rates are bound to decrease as teens grow older and earn a good driving record. Young adults pay $3,643 per year for their car insurance which is $5,021 less than what the teens pay for their insurance policy.

The car insurance rates in Wilmington for adult and senior drivers are $2,268 and $2,453 per year respectively.

The car insurance rates for adults and seniors are lower than those for teens and young adults. “This is because they are more likely to obey the speed limits and follow the rules of the road,” says the Insurance Information Institute.

Read more on auto insurance for seniors.

The table below depicts the average annual rates for drivers of different age groups:

Car insurance rates by age groups in Wilmington

Graph
Table
Teens (16- to 19-year-olds)Young adults (20- to 24-year-olds)Adults (25- to 55-year-olds)Seniors (60- to 75-year-olds)
$8,664$3,643$2,268$2,453

Examining car insurance rate trends in Wilmington, Delaware, we observe a downward trend from 2022 to 2023. Subsequently, from 2022 to 2023, the rates experienced decrease overall, with an increase of 19% or $496.

The table below shows the trend for last four years:

How car insurance rates are changing in Wilmington

Graph
Table
2016 rates2019 rates2022 rates2023 rates
$1,933$2,344$2,632$2,136

Conclusion

In conclusion, the insurance rates in Wilmington, are higher than the average insurance cost in Delaware. Shopping around and taking advantage of available discounts, drivers in Wilmington can find affordable car insurance options. Additionally, many car insurance companies offer discounts for customers who purchase multiple policies through the same company.

Sources

Methodology

Insure.com team worked with Quadrant Information Service to get car insurance data. To determine the average premiums, our team of data analysts and expert editors have analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male and female driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

How much is car insurance in other cities

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Prachi Singh
Contributing Researcher

 
  

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

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