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Whether you’re buying a new home or want to protect the property you currently own, it’s important to have sufficient homeowners insurance coverage in place. However, home insurance policies can get expensive, depending on your insurer and the coverage level you choose.
On average, Delaware homeowners insurance costs $1,366 a year, based on Insure.com’s data.
Learn more about the average homeowners insurance rates by company and ZIP code in Delaware.
Key Takeaways
- Homeowners insurance costs an average of $1,366 a year, based on Insure.com analysis.
- Of all the ZIP codes in Delaware, 19808 has the most affordable home insurance rates at around $991 annually.
- In Delaware, Cumberland Insurance provides the most affordable home insurance at an average annual premium of $981.
Average home insurance cost in Delaware by coverage level
The average cost of homeowners insurance in Delaware is $1,366 per year for the coverage limits of $300,000 dwelling coverage and $100,000 liability with a $1,000 deductible.
However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $1,709 per year for homeowners insurance in Delaware for $100,000 in liability protection and $1,000 deductible. Below, you can find the average cost of homeowners insurance in Delaware for dwelling coverage of $300,000, $400,000 and $500,000.
| Coverage | Average annual rate | Average monthly rate |
|---|---|---|
| $200,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible | $1,061 | $88 |
| $200,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible | $1,078 | $90 |
| $300,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible | $1,366 | $114 |
| $300,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible | $1,384 | $115 |
| $400,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible | $1,709 | $142 |
| $400,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible | $1,729 | $144 |
| $600,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible | $2,449 | $204 |
| $600,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible | $2,474 | $206 |
| $1,000,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible | $3,853 | $321 |
| $1,000,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible | $3,886 | $324 |
Homeowners insurance companies in Delaware decide rates based on risk. They consider your location, claims history, credit history and coverage limit when calculating premiums.
If your neighborhood has seen many claims over the past few years, you can expect to pay higher home insurance rates than an area with few to no claims. Your credit score can also play a role in determining your home insurance costs.
According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.
Best homeowners insurance companies in Delaware
It’s always wise to shop around and compare prices before you buy homeowners insurance. There are many factors that go into deciding the best homeowners insurance company.
We have compared the insurers in Delaware using their NAIC score and AM Best rating and compiled a list of the best homeowners insurance in Delaware. Based on the analysis, Cumberland Insurance received the lowest NAIC score and A+ rating from AM Best. A lower NAIC score indicates fewer complaints relative to the company’s size, suggesting higher customer satisfaction.
| Company | Average annual premium | AM Best rating | NAIC Complaint Index | Overall score |
|---|---|---|---|---|
| Cumberland Insurance | $981 | A+ | 0.18 | 5 |
| American Family | $1,566 | A | 0.37 | 3.84 |
| State Farm | $1,115 | A++ | 0.95 | 3.65 |
| Allstate | $1,253 | A+ | 0.9 | 3.47 |
| Travelers | $1,913 | A++ | 0.54 | 3.25 |
Average homeowners insurance cost by company in Delaware
Cumberland Insurance provides the most affordable homeowners insurance in Delaware, with an average annual premium of $981. State Farm and Allstate also offer cheap home insurance rates.
Shopping around for homeowners insurance can help you save hundreds of dollars annually.
Here are the average annual and monthly insurance rates for homeowners in Delaware with a policy that provides $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Cumberland Insurance | $981 | $82 |
| State Farm | $1,115 | $93 |
| Allstate | $1,253 | $104 |
| American Family | $1,566 | $131 |
| Travelers | $1,913 | $159 |
Delaware homeowners insurance rates by ZIP code
Insurance companies in Delaware assess the risk associated with a specific location. ZIP codes prone to higher crime rates or frequent natural disasters are often classified as high-risk areas, which can lead to increased insurance premiums. The cost of rebuilding or repairing homes in a specific ZIP code can also impact how much you pay for a homeowners insurance policy.
Make sure you shop around and compare quotes from various insurance companies to get the best deal on homeowners insurance rates in Delaware. Don’t forget to ask about any available discounts, such as bundling policies or a smart home discount.
Most affordable ZIP codes for home insurance rates in Delaware
Homeowners insurance costs in Delaware can vary widely by location, with your ZIP code being a key factor in determining your rate. Based on our data, the the 19808 area has the most affordable insurance rates, at $991 annually or $83 monthly.
Below are the homeowners insurance rates for the most affordable ZIP codes in Delaware.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 19808 | $991 | $83 |
| 19804 | $1,052 | $88 |
| 19707 | $1,057 | $88 |
| 19711 | $1,065 | $89 |
| 19810 | $1,069 | $89 |
| 19733 | $1,075 | $90 |
| 19803 | $1,080 | $90 |
| 19701 | $1,082 | $90 |
| 19713 | $1,084 | $90 |
| 19702 | $1,085 | $90 |
Most expensive ZIP codes for home insurance rates in Delaware
In Delaware, certain areas experience higher premiums because of higher crime rates, increased risk of natural disasters and the cost of living.
Homeowners in 19944 ZIP pay the highest insurance rates in Delaware, with an average annual premium of $2,218.
Below is a list of some of the most expensive ZIP codes in Delaware for homeowners insurance.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 19944 | $2,218 | $185 |
| 19930 | $2,207 | $184 |
| 19971 | $1,968 | $164 |
| 19970 | $1,920 | $160 |
| 19939 | $1,891 | $158 |
| 19958 | $1,874 | $156 |
| 19966 | $1,837 | $153 |
| 19945 | $1,832 | $153 |
| 19967 | $1,773 | $148 |
| 19951 | $1,720 | $143 |
Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.
Home insurance rates in Delaware by city
Home insurance rate trend in Delaware
We analyzed home insurance rate trends in Delaware and found that homeowners insurance rates experienced an overall decrease of only 1% or $9, from 2022 to 2023.
The following data highlights the changes in homeowners insurance rates since 2019.
| 2019 rates | 2022 rates | 2023 rates |
|---|---|---|
| $1,204 | $1,375 | $1,366 |
Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in Delaware.
Resources & methodology
Source
S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed April 2025.
Methodology
Insure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.
The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:
- $300,000 dwelling coverage
- $100,000 liability protection
- $1000 deductible
We have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.
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