Picking a home insurance company means finding the right overall blend of low prices, great customer service and coverage options that fit you and your home. We gathered thousands of home insurance quotes and compared 18 top home insurance companies to find the best choices for every Delaware homeowner.
Compare Home Insurance Quotes from Providers in Delaware
We found that the best price of homeowners insurance for a typical Delaware homeowner is $407 per year. But price shouldn't be your only consideration; we recommend homeowners look for the best mix of coverage options, service and price. Read on for our picks for the best home insurance companies in Delaware.
The Best Homeowners Insurance Companies in Delaware
After looking at the most popular homeowners insurance companies in Delaware, we've made a recommendation we think is right for most people, alongside alternate picks for people with specialized insurance needs.
Best for most people: Nationwide
We recommend Nationwide insurance as the best choice for most homeowners in Delaware. At an average rate of just $407 per year, its costs are markedly lower than competing companies — the next-cheapest insurance company in Delaware costs $193 more per year.
Besides excellent prices, Nationwide also has generally positive consumer ratings. Its complaint index from the National Association of Insurance Commissioners (NAIC) is just 0.24, meaning that it received only 24% as many complaints as a typical company of its size. This suggests Nationwide customers tend to be happy with the service they receive.
Coverage options from Nationwide are about typical for a large homeowners insurance company. It doesn't lack any common insurance options but doesn't have any special benefits that set it apart from any other insurer, either.
As one of the largest insurance companies in the United States, Nationwide has a full suite of tools and features. It has a relatively powerful mobile app where you can buy insurance and manage your policy. The company has a full range of financial products including insurance, investing and savings, so homeowners looking to manage their financial life with one company may find Nationwide a convenient option.
Best customer service: State Farm
We recommend State Farm to homeowners who prioritize a great customer service experience.
State Farm's average annual price for homeowners insurance is $655 per year. That's 10% more than the state average and $248 more than our top choice.
As a major U.S. insurance company, State Farm has a robust online presence. Homeowners can get a quote, buy a policy and file a claim online, as well as make changes to their insurance. State Farm also provides a tool that can help homeowners calculate the appropriate coverage levels for their property, which eliminates the guesswork associated with setting a coverage limit.
State Farm also has excellent financial stability. It's received an A++ rating from A.M. Best — the highest rating — and therefore has a "superior" ability to meet insurance claim demand, regardless of high claims demand (such as from a widespread disaster) or economic downturn.
Best for military families: USAA
USAA is a great homeowners insurance company for members of the military and their families. While we weren't able to get a quote in Delaware for USAA, its high level of customer service and military-specific benefits make it worth recommending for those who are eligible.
USAA's reputation for sterling customer service is well-earned.
Active service members can also benefit from USAA's coverage benefits. For example, USAA's personal property coverage will protect your belongings anywhere, even in warzones. And your military uniform is covered with no deductible.
Besides home insurance, USAA has a wide range of financial products. This includes other forms of insurance like auto and life, as well as savings accounts and credit cards.
The biggest drawback to USAA is that it's only available to certain people. In order to get coverage from USAA, you have to either be in the military, or have a direct family member (spouse or parent) who is a USAA member.
The best-reviewed homeowners insurance companies in Delaware
It's important to look at more than just cost when it comes to homeowners insurance companies. We recommend looking at insurer's service and stability before selecting it to protect your home. With that in mind, here are the NAIC complaint index, J.D. Power rankings, and A.M. Best financial strength ratings of the most popular homeowners insurance companies in Delaware.
|Insurer||NAIC complaint index||J.D. Power Hhomeowners survey score||A.M. Best financial strength rating|
|Windsor-Mount Joy Mutual Insurance Co.||0.59||--||A|
|Donegal Mutual Insurance Co.||0.25||--||A|
The cheapest options for homeowners insurance in Delaware
Choosing the right homeowners insurance company could save you hundreds of dollars per year. We found a price difference of $361 between the most and least expensive home insurers in Delaware. See our ranking of the cheapest home insurance companies in Delaware, below.
Common homeowners insurance perils in Delaware
Due to its location on the Eastern Seaboard, the most common home perils in Delaware relate to seasonal storms coming in from the Atlantic Ocean, such as hurricanes and nor'easters. Some damages from these storms are covered by insurance, but not all are.
Is wind damage covered by homeowners insurance?
Delaware homes receive a fair amount of damage from wind, especially properties located directly on the Atlantic coast, like Rehoboth Beach and Lewes. Fortunately, wind damage is almost always covered by homeowners insurance, whether it's from shingles ripped off your roof or a tree branch falling onto your home.
Wind damage is one of the named perils covered by nearly all homeowners insurance policies, though some properties at very high risk may have wind damage excluded from coverage. Double-check your policy to confirm whether you're protected.
Is flooding covered by home insurance?
Flooding is a common occurrence in Delaware homes located near rivers and the ocean, and unfortunately, it's almost never covered by homeowners insurance.
If you're concerned about your home flooding, you'll need to buy a separate flood insurance policy. If your home is located in a high-risk flood area, you may even be required to buy it in order to get a government-backed mortgage.
There are two main types of flood insurance available to homeowners: policies backed by the federal government as part of the National Flood Insurance Program (NFIP) and policies sold completely privately.
In general, privately sold flood insurance policies tend to be more flexible in terms of coverage limits and waiting periods than NFIP policies; but the NFIP will not reject anyone for having a high flood risk. It's worth getting quotes for each to see which will suit your needs better.
Delaware insurance rates: City-by-city breakdown
For a closer look at how homeowners insurance costs can vary by location — even in a small state like Delaware — we calculated and compared the average annual cost of coverage in each of the state's major cities.
|City||Average cost||% difference from state average|
To see how homeowners insurance rates in Delaware compare to prices nationwide, take a look at our study of home insurance costs in the U.S.
We collected hundreds of homeowners insurance quotes across the state of Delaware, from every ZIP code statewide. Our sample property was a 2,100 square foot home built in 1981 — the median for the state. It's protected by $252,800 of dwelling coverage.
We collected quotes from the following insurers:
- State Farm
- Liberty Mutual
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.