Best homeowners insurance in Delaware for 2022

We looked at policy cost, coverage quality, and unique policy offerings for Delaware residents to find the best homeowners insurance companies in Delaware.

Laura Gunn

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Laura Gunn

Laura Gunn

Freelance contributor

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.

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This article has been reviewed by a licensed Policygenius expert to ensure that sources, statistics, and claims meet our standard for accurate and unbiased advice.

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Pat Howard

Pat Howard

Senior Editor & Licensed Home Insurance Expert

Pat Howard is a senior editor and licensed home insurance agent at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

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Given the threat of severe coastal storms, inclement winter weather, and nor'easters, 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 $980 per year or $82 a month. This is nearly 50% lower than the national average of $1,899 per year.

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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.  

Best homeowners insurance companies in Delaware

Of the companies we looked at, Nationwide has the lowest home insurance rate in Delaware, with an average annual policy cost of $736 per year — almost $200 less than the state average. 

Policygenius analyzed thousands of quotes from the 5 largest Delaware insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Delaware residents to find the best homeowners insurance in Delaware.

Company

Average yearly cost

J.D. Power Rating

State Farm

$926

835

Nationwide

$739

812

Allstate

$1,102

829

American Family

$1,324

831

Travelers

$1,215

800

State Farm

State Farm logo

There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.

Pros

  • Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage

  • Get up to $1 million in personal liability coverage

  • Score discounts for bundling, installing security devices, and choosing a high deductible

  • File and track claims online, over the phone, in person, or through its mobile app

  • High customer satisfaction and financial strength ratings

Cons

  • No discounts for first-time homebuyers or going a year without a claim

Why State Farm tops our best list

State Farm offers great home insurance coverage options at a great value and several discount options to help keep premiums even more affordable. To make everything easier, State Farm makes sure filing a claim is accessible and offers multiple ways to file and track your claims. 

How to get a quote

Online through State Farm

Nationwide

Nationwide logo

Nationwide offers flexible home insurance policy options for every home type and income level. And we love its slew of discounts for everything from having a newish roof to living in a gated community.

Pros

  • Offers lots of coverage add-ons, including flood and earthquake insurance

  • Option to rebuild roof with stronger, safer materials after a covered loss

  • Score discounts for living in a gated community, making home renovations, having a newer roof, and more

  • Seamlessly submit claims online or through its mobile app

  • Above-average claims satisfaction rating

Cons

  • Below-average customer satisfaction ratings

  • Water backup coverage is more expensive than with other insurers

Why Nationwide tops our best list

We love flexibility, and that's what Nationwide offers its customers. It offers multiple coverage add-ons that make personalizing your home insurance easy. Delaware homeowners in particular will benefit from Nationwide's better roof replacement option that replaces your roof with stronger materials after covered damages. 

How to get a quote

Online through Policygenius or Nationwide

Allstate

Allstate logo

Allstate's mix of exceptional customer satisfaction ratings, personalized coverage options, and numerous discount opportunities make it one of the most popular homeowners insurance companies on the market.

Pros

  • Several coverage add-ons, including ones for roof surfaces, water backup, green improvements, and mold protection

  • 8+ discounts, including autopay, bundling, zero claims, and new homebuyer

  • Get up to 25% off your premiums when you bundle home and auto insurance

  • Excellent customer service and claims satisfaction ratings

  • File and track claims online or through its mobile app

Cons

  • Rates are typically high compared to competitors

Why Allstate tops our best list

Allstate may have higher home insurance rates compared to some of its competitors in Delaware, but it offers plenty of ways for homeowners to save a few dollars with its generous bundling and discount options. Additionally, Allstate offers great coverage add-ons like roof improvements and mold protection. Delaware homes are at risk of roof damage and potential mold from all the wet weather, making Allstate a great option for residents of the nation's first state. 

How to get a quote

Online through Policygenius or Allstate

American Family

American Family logo

American Family's status as the 7th largest home insurance provider in the U.S. speaks to its popularity and reputation. Our fave perk? Its diminishing deductible program that lets you earn credits for every year you go without filing a claim.

Pros

  • Unique coverage add-ons, like matching siding insurance and hidden water damage coverage

  • Save up to 20% on home insurance and 29% on auto insurance for bundling the policies together

  • Earn a $100 credit toward your deductible for ever year you go without filing a claim

  • File claims online or on its mobile app — with 24/7 claims support

Cons

  • Doesn't offer extended or guaranteed replacement cost coverage

  • Above-average customer complaints according to the NAIC

Why American Family tops our best list

American Family is one of the most popular home insurance providers in the country with a track record of exceptional customer service and policy perks that you can't get from many other providers. We particularly love its "diminishing deductibles" feature, which deducts $100 from your deductible each year you go without filing a claim.

How to get a quote

Online through American Family

Travelers

Travelers logo

With over 165 years of experience and impeccable financial ratings, Travelers is one of the most trusted home insurance companies in the business. It offers personalized coverage and a slew of policy add-ons to ensure you have exactly the right protection.

Pros

  • 4 customizable policy packages with several available add-ons, like extended replacement cost and water backup coverage

  • Offers eco-friendly green home coverage and discounts

  • Protect expensive family heirlooms and appliances with equipment breakdown, guaranteed replacement cost, and personal articles coverage

  • File claims online — plus, Travelers has special catastrophe centers for claims after a natural disaster

Cons

  • Below-average customer service and claims satisfaction ratings

Why Travelers tops our best list

Travelers is one of the best home insurance providers in the business when it comes to giving homeowners the ability to customize and personalize their coverage. Travelers offers four standard policy packages that can be added to via its suite of comp. Not only that, but Travelers makes it possible to file and track a claim online.

How to get a quote

Online through Policygenius or Travelers

Cheapest homeowners insurance companies by city in Delaware

Looking at average home insurance costs for the 15 most popular insurers in Delaware, we found that the cheapest homeowners insurance company in the state is Nationwide. In most cities across Delaware, the average annual cost of Nationwide home insurance is between $600 and $800.

The cost of home insurance in Delaware varies depending on where you live and the type of house you own. Cities with higher populations or crime rates will likely see higher-than-average home insurance rates. But there are often many affordable options to choose from anywhere in Delaware, as seen in the table below.

City

Company

Average yearly cost

Bear

Nationwide

$636

Bethany Beach

Nationwide

$826

Bethel

Nationwide

$811

Bridgeville

Nationwide

$811

Brookside

Nationwide

$636

Camden

Nationwide

$769

Claymont

Nationwide

$636

Clayton

Nationwide

$769

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Shopping for homeowners insurance in Delaware

Finding the right homeowners insurance is more than a quick internet search. It's important to familiarize yourself with how each home insurance coverage works and identify roughly how much you need. 

In this section, we break down the average annual home insurance rates in Delaware for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies in the state for individuals with a poor credit score, dog owners, and pool owners. Once you’re ready to shop, a Policygenius expert can help you navigate your coverage needs and help you find the best deal on homeowners insurance in Delaware.

Delaware home insurance costs by coverage amounts

Your dwelling coverage is the part of your home insurance policy that covers the physical structure of your home and anything attached to it.

The table below highlights different dwelling coverage amounts and corresponding yearly home insurance costs. In Delaware, every $100,000 in dwelling coverage adds around $300 to your annual premium. 

Dwelling coverage amount

Average yearly cost

$100,000

$484

$200,000

$735

$300,000

$980

$400,000

$1,243

$500,000

$1,580

Another part of a homeowners insurance policy is personal liability coverage, which covers the cost of expensive injuries or property damage for which you're legally responsible.

Liability coverage amount

Average yearly cost

$100,000

$966

$200,000

$837

$300,000

$980

$400,000

$657

$500,000

$1,056

Delaware home insurance costs by deductible amount

Each home insurance policy comes with a deductible, which is a predetermined amount you have to pay each time you file a claim. In general, a higher the deductible means lower home insurance rates.

Opting into a higher deductible could be a great way to save a few dollars on home insurance every year. Just remember that each time you file a claim, you'll be responsible for paying it. 

As seen in the table below, Delaware residents can save around $500 on home insurance by choosing a $2,000 deductible over the $500 option.

Deductible amount

Average yearly cost

$500

$1,132

$1,000

$980

$2,000

$677

Home insurance discounts in Delaware

Many home insurance companies will discount your premiums if your home has certain safety features, since they keep your home safer and minimize claims. 

While you won’t get a huge discount if your house has one of the following features and nothing else, they can add up if you have several protective devices in your home. Here is the average annual rate and average discount percentage for homes in Delaware with deadbolts, smoke alarms, or burglar alarms. 

Discount

Average yearly cost

Dead bolt

$980

Smoke alarm

$980

Burglar alarm

$942

Home insurance companies in Delaware for dog owners

Delaware dog owners could see higher-than-average home insurance rate if they own certain dog breeds. A few dog breeds account for the majority of reported dog bites and liability, so some insurance providers will charge you higher rates if you own one. 

With an average rate of $739 per year, Nationwide has the cheapest home insurance rates in Delaware for a home with a dangerous dog breed, while American Family’s average yearly premium of $1,703 is the highest. 

Company

Average yearly cost

Nationwide

$739

State Farm

$926

Allstate

$1,102

Travelers

$1,215

American Family

$1,703

Home insurance companies in Delaware for poor credit

Poor credit scores have, in some instances, been directly correlated with a higher frequency of home insurance claims. As a result, some insurance companies, but not all, increase rates on customers with bad credit to offset this risk. 

With an average rate of $739 per year, Nationwide has the cheapest home insurance rates in Delaware for a homeowner with poor credit, while American Family’s average yearly premium of $2,290 is the highest. 

Company

Average yearly cost

Nationwide

$739

State Farm

$1,568

Travelers

$1,673

Allstate

$1,825

American Family

$2,290

Home insurance companies in Delaware for pool owners

Delaware homeowners with backyard pools might see an increase in home insurance premiums as well, as insurers consider pool to be an injury and liability risk.

With an average rate of $739 per year, Nationwide has the cheapest home insurance rates for Delaware homes that have a swimming pool, while American Family’s average yearly premium of $1,324  is the most expensive.

Company

Average yearly cost

Nationwide

$739

State Farm

$926

Allstate

$1,102

Travelers

$1,215

American Family

$1,324

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. 

Here are a few steps to follow as you shop for homeowners 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.

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Frequently asked questions

What is the average cost of homeowners insurance in Delaware?

The average cost of homeowners insurance in Delaware is $82 per month or $980 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.

Methodology

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.