Best and Cheapest Home Insurance Companies in Delaware (2026)
State Farm sells the best and cheapest home insurance for most people in Delaware, with an average rate of $734 per year for a policy with $350,000 in dwelling coverage. | ||
Home insurance in Delaware costs $1,165/yr, on average. That's the fourth-cheapest rate in the country. | ||
Rates are highest along Delaware's southeastern coastline. In Bethany Beach, home insurance costs an average of $2,081/yr for $350,000 in dwelling coverage. |
State Farm sells the best and cheapest home insurance for most people in Delaware, with an average rate of $734 per year for a policy with $350,000 in dwelling coverage. | ||
DE home insurance costs $1,165/yr, on average. Rates are higher along Delaware's southeastern coastline. |
Find Cheap Home Insurance Quotes in Delaware
Who sells the best cheap home insurance in Delaware?
What company sells the cheapest home insurance in Delaware?
State Farm has the cheapest home insurance for most people in Delaware.
Find Cheap Home Insurance Quotes in Delaware
- State Farm has the cheapest average rates for homes that would cost between about $350,000 and $1 million to rebuild.
- If you have a smaller home that would cost around $200,000 to rebuild, Nationwide could be a cheaper option.
- Rates change depending on where you live. Prices are usually higher along the southeastern coastline.
Best cheap home insurance in Delaware by dwelling amount
$200,000
$350,000
$500,000
$1 million
Company | Annual rate | ||
|---|---|---|---|
| Nationwide | $476 | |
| State Farm | $511 | |
| Cumberland Mutual | $525 | |
| Allstate | $629 | |
| Travelers | $1,070 | |
Key takeaways
- Rates in Delaware have gone up by 36.7% since 2021. That's much less than the national average rate increase of 47.9%.
- American Family has raised rates the most in Delaware in the past five years. On average, an AmFam policy costs about 53% more today than it did in 2021.
- Travelers has raised rates the least since 2021, with just an 18% increase.
- Homeowners in Delaware should make sure their policies cover wind damage. And homeowners on the cost should consider a flood policy.
Best home insurance in Delaware for most people: State Farm
| Editor rating | |
| Annual cost | $734 |
| Monthly cost | $61 |
| Customer complaints |
Pros & cons
- Cheap home insurance rates
- Good for bundling
- Local agents available
- Fewer discounts than some companies
- More complaints than average
Why is State Farm the best?
State Farm's cheap rates and good bundling discount make it the best home insurance company for most people in Delaware.
How much is State Farm insurance in Delaware?
Dwelling coverage limit | Annual rate | % from state avg. |
|---|---|---|
| $200,000 | $511 | 31% cheaper |
| $350,000 | $734 | 37% cheaper |
| $500,000 | $982 | 41% cheaper |
| $1 million | $1,709 | 48% cheaper |
State Farm also has agents in 25 Delaware cities. Working with a local agent can give you peace of mind that you're properly covered for your specific situation and the risks where you live.
State Farm also has some of the cheapest car insurance rates in Delaware, making it an excellent choice for bundling your car and home policies.
On average, you'll save about 27% on your home insurance and 18% on your car insurance rate when you bundle with State Farm.
Potential issues
State Farm's customer service isn't always good. The company has 23% more complaints about its home insurance than an average company its size, according to the National Association of Insurance Commissioners (NAIC). Your service likely depends heavily on the agent you pick.
Additionally, State Farm doesn't offer as many discounts as some other companies. This may not matter much because its rates are so low, but if you want to personalize your policy with discounts, State Farm isn't the best choice.
Best coastal home insurance in Delaware: Allstate
| Editor rating | |
| Annual cost | $1,076 |
| Monthly cost | $90 |
| Customer complaints |
Pros & cons
- Flood insurance available
- Cheap rates
- Good coverage and discounts
- Slightly more complaints than average
- Claims may be frustrating
Why is Allstate the best?
Allstate has cheap rates as well as options for flood insurance, making it a great choice for homeowners on the coast.
An Allstate agent can help you get flood insurance from the National Flood Insurance Program (NFIP) or from Beyond Floods, a company that sells policies through National General, which is owned by Allstate. Having choices can make it easier to compare your options and pick the best rate and coverage for your situation.
Allstate also has good discounts and coverages to help you personalize your policy. You could add coverage for musical instruments, sports equipment, business equipment and more. You can save on Allstate's already-cheap rates by bundling your policies, getting a quote before your policy's start date and renewing with Allstate over several years.
Potential issues
Allstate may not have the best claims service. According to J.D. Power, customers have a below-average experience when filing a claim with Allstate. This could mean it takes longer to get your home fixed after it's damaged.
On average, Allstate has slightly more complaints than an average company its size, according to the National Association of Insurance Commissioners (NAIC). See if you can talk to current Allstate customers in your area before you commit to a policy.
Best home insurance in Delaware for extra coverage: Nationwide
| Editor rating | |
| Annual cost | $794 |
| Monthly cost | $66 |
| Customer complaints |
Pros & cons
- Lots of extra coverage options
- Cheap rates
- Excellent digital tools
- Large rate increases
- Not the best for bundling
Why is Nationwide the best?
Nationwide has lots of extra coverage options to help you personalize your policy.
For example, you could add coverage for identity theft, water backups and specific valuable items that regular coverage might not fully pay for. You may even be able to add flood coverage.
On top of its great coverage, Nationwide has cheap rates for homeowners in Delaware. If your home costs $200,000 to rebuild, it could even be the cheapest option in the state.
Nationwide is also a good choice if you want to handle your policy digitally. J.D. Power ranks the company highly for digital service, which means most customers are happy with Nationwide's range of digital tools.
Potential issues
Over the last five years, Nationwide has raised rates by 42.5% in Delaware. That's more than the state average increase of 36.7%. Nationwide's rates are still cheap, but you could see larger rate jumps each year.
Additionally, Nationwide isn't the best for bundling. Its car insurance rates in Delaware aren't the best, and you can probably get a cheaper bundle with another company, such as State Farm.
What are the best home insurance companies in Delaware?
Nationwide is the best-rated insurance company in Delaware.
Nationwide gets 75% fewer complaints about its home insurance compared to an average company its size, according to the National Association of Insurance Commissioners (NAIC). That means people are likely happy with the service they get from Nationwide. The company also has a great mix of coverage options and discounts.
Company |
Rating
|
Complaints
|
|---|---|---|
| Nationwide | Low | |
| Allstate | Average | |
| State Farm | Average | |
| Cumberland Mutual | Average | |
| American Family | High |
What's the average homeowners insurance cost in Delaware?
Home insurance in Delaware costs an average of $1,165 per year, on average, for a policy with $350,000 in dwelling coverage.
That's less than half the national average, which is $2,395 per year.
Delaware has the fourth-cheapest home insurance rate in the country. Only Hawaii, Vermont and New Hampshire have cheaper average rates.
Average cost of home insurance in DE
Dwelling coverage | Average rate |
|---|---|
| $200,000 | $744 |
| $350,000 | $1,165 |
| $500,000 | $1,674 |
| $1 million | $3,281 |
Home insurance rates in Delaware are cheaper than rates in the surrounding states. In New Jersey, $350,000 in dwelling coverage costs $1,449 per year, on average. In Pennsylvania, the average rate is $1,712 per year. And in Maryland, the same coverage costs $2,124 per year.
Rates are likely cheaper in Delaware because the state has a lower risk of many natural disasters compared to other states.
Delaware home insurance rates by city
Home insurance in Wilmington, the largest city in Delaware, costs an average of $954 per year. That's 18% cheaper than the state average.
In Dover, the state's capital, home insurance costs $1,064 per year, which is about 9% cheaper than the state average.
The most expensive rates are in Fenwick Island, where an average home insurance policy costs $2,088 per year. The high cost of home insurance there is likely because of the risk of strong winds and storms coming off the Atlantic. Meanwhile, Pike Creek, a suburb to the west of Wilmington, has the cheapest average rate at $869 per year.
State Farm is usually the cheapest option in most cities. In 60 Delaware cities, State Farm has the cheapest rates. Nationwide comes in second, but it's only the cheapest in 17 cities.
Find Cheap Home Insurance Quotes in Delaware
Cost of Delaware home insurance by city
City | Average rate | Cheapest company | Cheapest rate |
|---|---|---|---|
| Arden | $937 | Nationwide | $671 |
| Bear | $956 | Nationwide | $695 |
| Bellefonte | $1,034 | State Farm | $733 |
| Bethany Beach | $2,081 | State Farm | $751 |
| Bethel | $1,172 | State Farm | $732 |
Rates are for a policy with $350,000 of dwelling coverage.
What home insurance coverage do you need in Delaware?
Delaware homes have to withstand winds from strong coastal storms, nor'easters and flooding.
Home insurance usually covers wind and snow damage, but it doesn't cover damage caused by flooding. For that, you usually need a stand-alone flood insurance policy.
Does Delaware home insurance cover wind damage?
Standard home insurance almost always covers wind damage. But it's possible you'll have a separate wind deductible that you have to pay, and it's usually higher than the deductible for other types of damage. For example, you might have to pay 1% of your policy's dwelling amount for wind damage claims, compared to $1,000 for all other types of damage.
Delaware can be windy, especially for homes near the coast. In 2025, the state had 22 windstorms and two tornadoes, according to the NOAA/National Weather Service Storm Prediction Center.
Does Delaware home insurance cover nor'easters?
Home insurance covers most of the damage that nor'easters can bring, including damage caused by wind and snow.
But nor'easters can also cause flooding, and standard home insurance policies don't cover that. You have to have a flood insurance policy to cover flood damage.
Does home insurance in Delaware cover flooding?
Home insurance doesn't cover flood damage. You have to get a specific flood insurance policy from the National Flood Insurance Program (NFIP) or a private insurance company to have coverage for flooding.
Flooding is a very real risk in Delaware, and every homeowner should consider flood insurance.
Since 2015, the NFIP has paid 239 flood claims in Delaware's southern Sussex County, for over $2.8 million in damage. That's about $11,875 of damage per claim.
However, New Castle County in the northern part of the state had fewer claims but more severe ones. The county's homeowners filed 177 claims between 2015 and 2025, but the total damage was over $10 million. That comes out to about $56,536 per claim.
Kent County, in the middle of the state, is more protected from floods. Even so, the NFIP paid 40 claims in the last 10 years, amounting to nearly $680,000 in damage. For each claim, that's a payment of about $16,993.
How to save money on home insurance in Delaware
To get the best deal on home insurance in Delaware, make sure you shop around and compare quotes. You should also only buy the coverage extras that you truly need. Finally, maintain your home to keep your rates down over time.
Insurance companies each set their rates in different ways. By shopping around, you can find the company that has the best deal for your home. Factors such as the age of your home, its location and personal details such as your credit score all contribute to how much you might pay to insure your home. | |
Most companies offer several ways to customize your home insurance policy. These add-ons can give you valuable coverage, but the price for each can add up. Review the quotes you get and make sure they only include the coverage you actually need. It doesn't make sense to pay more for something you won't use. | |
Keeping your home in good shape won't lower your insurance price right away, but it will help keep your rates lower over time. Homes that are properly maintained are less likely to be damaged. When your home is damaged and you file a claim, your rates go up. A well-maintained home can help prevent that cycle. |
Are home insurance rates in Delaware going up?
Home insurance rates in Delaware went up by more than 36% during the last five years.
The largest jump was in 2025, when rates went up by nearly 11%.
Delaware home insurance rate changes, 2021 to 2025
Year | Avg. rate increase |
|---|---|
| 2021 | 5.06% |
| 2022 | 3.14% |
| 2023 | 4.22% |
| 2024 | 7.76% |
| 2025 | 10.77% |
Home insurance rate change data was compiled using RateWatch from S&P Global, which uses information from the National Association of Insurance Commissioners (NAIC).
American Family increased rates the most in Delaware over the last five years, at about 53%. Travelers raised rates the least, but a policy is still about 18% more expensive now than it was in 2021.
Frequently asked questions
How much is home insurance in Delaware?
The average cost of home insurance in Delaware is $1,165 per year for a $350,000 policy. Your rates depend on where you live, how old you are, the specific details of your house, your claims history and more.
What's the cheapest home insurance in Delaware?
State Farm has the cheapest home insurance for most people in Delaware. On average, a policy with $350,000 in dwelling coverage costs $734 per year with State Farm. However, if you have a smaller home, Nationwide might be a cheaper option. Nationwide's average rate is $476 per year for a policy with $200,000 in dwelling coverage.
Should homeowners in Delaware buy flood insurance?
Every homeowner in Delaware should at least consider getting a flood insurance policy. Many parts of the state are at risk for flooding, especially coastal areas. Home insurance doesn't cover flood damage, which means getting a separate flood insurance policy is usually the only way to get coverage.
Methodology
To find the best homeowners insurance in Delaware, ValuePenguin got quotes from six of the top companies in 70 residential ZIP codes in the state. All costs are for a 45-year-old married man who hasn't filed any home insurance claims. The house used in the quotes is 45 years old and has 2,277 square feet, which is representative of the average home in Delaware.
The quotes are for policies with the following coverage limits:
- Dwelling coverage: $200,000, $350,000, $500,000 or $1 million
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $1,000
ValuePenguin's analysis used insurance rate data from Quadrant Information Services, which was publicly sourced from insurance filings. These quotes should only be used for comparison purposes. Your own quotes may be different.
Home insurance ratings use average rates, coverages, discounts and customer service information from the National Association of Insurance Commissioners (NAIC) complaint data, as well as the J.D. Power surveys.
Sources:
About the Author
Senior Writer
Licensed Insurance Agent
Cate Deventer is a Senior Writer who specializes in health insurance, Medicare, auto and home insurance. She's been a licensed insurance agent since 2011.
She started her insurance career working as a customer service agent for State Farm. She later moved to an independent agency, where she worked with several insurance companies and hundreds of clients. She quoted policies, filed claims and answered insurance questions. In 2021, she pivoted her career and began writing about insurance for Bankrate. She moved to ValuePenguin in 2023 and began writing about health insurance and Medicare.
Cate has a passion for helping readers choose insurance to fit their needs. She enjoys knowing that her research and knowledge help people choose insurance products that make a positive difference in their lives.
How insurance helped Cate
Cate used her health insurance knowledge to navigate a surgery in 2023. Understanding how her policy worked let her focus on recovery instead of worrying about bills.
Expertise
- Health insurance
- Medicare & Medicaid
- Auto insurance
- Home insurance
- Life insurance
Credentials
- Licensed Life, Accident & Health Insurance Agent
- Licensed Property & Casualty Insurance Agent
Referenced by
- CBS
- NBC
- Wall Street Journal
Education
- BA, Theatre, Purdue University
- BA, English, Indiana University
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
