Average renters insurance cost in Delaware

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Renters in Delaware pay an average of $207 annually – or $17 per month – for a policy with $40,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible. For most renters, this is a practical benchmark to start from.

Your actual premium is shaped by the amount of coverage you select, the insurer you go with, and individual factors such as your ZIP code, claims history, and depending on your state – your credit score.

How much does renters insurance cost in Delaware?

At $17 per month, renters insurance in Delaware is based on a policy with $40,000 in personal property coverage and $300,000 in liability protection. Your premium will shift depending on your location, the coverage limits you set, and the total worth of your possessions. Shopping around and comparing quotes from different insurers is one of the most effective ways to keep costs manageable.

It’s worth remembering that a higher deductible might reduce your monthly premium, while broader coverage for valuables such as electronics or jewelry will increase it. Choose a deductible and coverage level that fits both your budget and replacement needs.

Renters insurance in Delaware: Where to start

On average, renters insurance in Delaware costs $207 per year, or $17 per month
Among all providers in Delaware, Cumberland Insurance consistently comes in with the lowest average rates – around $123 per year
Because premiums can vary significantly from one insurer to the next, comparing multiple quotes before settling on a policy is always a good idea

Which companies offer the cheapest renters insurance in Delaware?

The most affordable renters insurance in Delaware comes from Cumberland Insurance, which averages $123 per year. State Farm and American Family are also competitive options for budget-conscious renters.

Keep in mind that the cheapest policy isn’t always the right one – coverage limits, deductibles, and available discounts all matter. The table below compares average annual and monthly rates from leading insurers in Delaware.

Company	Average annual rate	Average monthly rate
Cumberland Insurance	$123	$10
State Farm	$148	$12
American Family	$160	$13
Travelers	$225	$19
Allstate	$231	$19
Nationwide	$332	$28

Want a more accurate renters insurance estimate?

Use our calculator to get a personalized renters insurance quote based on your location and coverage needs.

Your final premium may vary depending on the insurer, coverage limits, deductible, claims history, and other rating factors.

Renters insurance calculator in Delaware

$194/year

Estimated renters insurance rates in Delaware

$16

Monthly renters insurance cost in Delaware

-28%

Compared to national average

How much does renters insurance cost by coverage level in Delaware?

At the standard coverage level – $40,000 in personal property, $300,000 in liability, and a $1,000 deductible – renters insurance in Delaware averages $207 per year.

If you reduce your personal property coverage to $20,000, that average drops to around $151 annually. Before making that adjustment, it’s worth confirming that $20,000 would genuinely cover the cost of replacing your belongings.

The table below compares average annual renters insurance costs in Delaware at both the $20,000 and $40,000 coverage levels.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$157	$13
$20,000 with $500 Deductible and $300,000 Liability	$167	$14
$20,000 with $1,000 Deductible and $100,000 Liability	$141	$12
$20,000 with $1,000 Deductible and $300,000 Liability	$151	$13
$40,000 with $500 Deductible and $100,000 Liability	$218	$18
$40,000 with $500 Deductible and $300,000 Liability	$231	$19
$40,000 with $1,000 Deductible and $100,000 Liability	$194	$16
$40,000 with $1,000 Deductible and $300,000 Liability	$207	$17
$60,000 with $500 Deductible and $100,000 Liability	$302	$25
$60,000 with $500 Deductible and $300,000 Liability	$316	$26
$60,000 with $1,000 Deductible and $100,000 Liability	$269	$22
$60,000 with $1,000 Deductible and $300,000 Liability	$282	$24

People also ask: How much renters insurance coverage do I need?

Coverage needs vary from person to person, but a common starting range is $20,000 to $40,000 in personal property protection and at least $300,000 in liability coverage. The right amount ultimately comes down to the value of what you own, whether any of your items warrant separate endorsements, and how much of a financial cushion you want between you and an unexpected loss.

How much does renters insurance cost by city in Delaware?

Renters insurance rates in Delaware aren’t the same across the board – where you live within the state can make a noticeable difference. Local factors like crime rates, weather exposure, and population density all influence what insurers charge.

Here’s a look at how average rates compare across major cities in Delaware.

Renters insurance rates in Delaware by city

See rates in your city

Dover

Newark

Does your ZIP code affect renters insurance rates in Delaware?

When it comes to pricing renters insurance, your ZIP code carries a lot of weight. Insurers look at the risk profile of your specific area – including local theft levels, weather exposure, and claims history – to determine your rate. Two renters with identical policies can pay very different premiums simply because of where they live.

Across Delaware, annual premiums range from around $203 in 19701 to $218 in 19930. The cheapest and most expensive ZIP codes in Delaware are listed below.

Why your ZIP code affects renters insurance costs

Renters insurance premiums are calculated using localized risk data, so rates can vary considerably depending on your neighborhood and ZIP code.

Factors that influence pricing include:

Local rates of theft and vandalism
Exposure to weather events such as wildfires, floods, or hurricanes
Fire incident history and repair costs in your area

A change of just a few ZIP codes can meaningfully affect your monthly rate.

What are the most affordable ZIP codes for renters insurance in Delaware?

Among all ZIP codes in Delaware, 19701 has the lowest average annual renters insurance rate at $203.

Lower theft rates and fewer weather-related claims are the main drivers behind more affordable premiums in these areas.

ZIP code	City	Average annual rate	Average monthly rate
19701	Bear	$203	$17
19713	Brookside	$203	$17
19703	Claymont	$203	$17
19706	Delaware City	$203	$17
19716	Newark	$203	$17
19803	Wilmington	$203	$17
19707	Hockessin	$204	$17
19968	Milton	$204	$17
19710	Montchanin	$204	$17
19720	New Castle	$204	$17

What are the least affordable ZIP codes for renters insurance in Delaware?

19930 carries the highest average renters insurance cost in Delaware at $218 per year, or $18 per month.

Below are average annual renters insurance rates for every ZIP code in Delaware.

How to lower your renters insurance, even in a high-cost ZIP code

Compare quotes from a minimum of 3 insurers – pricing for the same coverage can vary by over $100 within a single ZIP code
Bundle renters and auto insurance with the same provider to unlock savings of 5% to 15%
Look into discounts tied to safety features. Smoke detectors, deadbolts, security cameras, and smart home systems can all qualify
Consider raising your deductible to $1,000 if it’s currently $500 – the savings can be around 10% annually
Ask your insurer about claims-free discounts if you’ve gone 3 or more years without filing

ZIP code	City	Average annual rate	Average monthly rate
19930	Bethany Beach	$218	$18
19944	Fenwick Island	$218	$18
19967	Millville	$214	$18
19975	Selbyville	$214	$18
19941	Ellendale	$212	$18
19709	Middletown	$212	$18
19734	Townsend	$212	$18
19901	Dover	$211	$18
19902	Dover Air Force Base	$211	$18
19943	Felton	$211	$18

Is renters insurance worth it in Delaware?

For most renters in Delaware, a renters insurance policy protects your belongings from risks like fire, theft, vandalism, and certain weather events, and shields you from liability if someone is injured inside your home.

According to figures from the US Department of Commerce, the US Census Bureau, and the American Community Survey, approximately 48% of US renter households allocate more than 30% of their income toward rent and utilities. When housing already takes up a large share of your budget, it’s worth being thoughtful about every ongoing cost – including insurance.

Shopping around makes a real difference. Beyond price, look at what each policy actually covers, what the deductible is, and how the insurer performs when claims are filed. Slightly higher premiums can be worthwhile if the coverage is meaningfully better.

Frequently asked questions

What does renters insurance actually cover?

A standard renters insurance policy covers personal belongings, liability, and additional living expenses if your rental becomes unlivable. It protects against losses from events like fire, theft, and vandalism, and can cover legal or medical costs if someone is hurt on your property. Always check the specific limits and exclusions in any policy you’re considering.

Do I really need renters insurance in Delaware?

While renters insurance isn’t legally required in most cases, it provides real financial protection that’s hard to replicate otherwise. Even a basic policy can cover thousands of dollars in losses from theft, fire, or accidental damage – costs that would otherwise come straight out of pocket. Many landlords in Delaware also make renters insurance a condition of the lease.

Sources:

Insurance Information Institute. Facts + statistics: Renters insurance. Accessed May 2026.

How much is renters insurance in other states

$269/Year

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$300/Year

$224/Year

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.