Homeowners Insurance in Delaware

The average Delaware homeowners premium is $1,196 a year (NAIC) — ▼ −31% versus the U.S. average of $1,737, ranking 41st of 51.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. Real premiums depend on the insurer, the home, its roof and claims history. We are not an insurance company or agency. How we estimate

Average homeowners and renters insurance in Delaware

Homeowners (HO-3)

$1,196

NAIC average / year

Renters (HO-4)

$146

U.S. $173

Median home value

$352,000

Census ACS

FEMA expected loss rating

Very Low

all natural hazards

NAIC averages cover standard owner-occupied (HO-3) policies. Premiums scale with the cost to rebuild, so Delaware's median home value of $352,000 and its exposure to wind, hail and wildfire explain much of the difference from other states.

Natural hazard risk in Delaware

FEMA National Risk Index — expected annual loss by hazard (state level)
Hazard	Expected loss rating	Score	Expected annual loss
Hail	Very Low	9.4	$638,711
Tornado	Relatively Low	32.1	$11,078,535
Hurricane	Relatively Low	58.7	$51,808,239
Inland (river) flooding	Relatively Low	21.4	$216,612,247
Coastal flooding	Relatively Moderate	64.9	$19,034,167
Wildfire	Very Low	17.7	$759,208
Earthquake	Very Low	23.2	$12,604,301
Winter weather	Relatively Moderate	39.3	$3,748,097
Strong wind	Relatively Low	15.1	$4,106,721
Lightning	Very Low	3.9	$2,096,637

Standard homeowners policies exclude flood and earthquake; both need separate coverage. Wind and hurricane damage is covered but often with a separate percentage deductible in coastal states.

Home Insurance Estimator

Estimated annual premium

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Per month

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Estimated homeowners insurance by city

For a home at each city's median value, standard frame construction and a $1,000 deductible. The lowest estimate is in Wilmington ($860) and the highest in Middletown ($1,360).

City	Median home value	Median year built	Hail / wind	Est. premium
Wilmington	$231,400	1946	Very Low / Relatively High	$860
Dover	$258,900	1983	Relatively Low / Relatively Moderate	$900
Newark	$382,500	1978	Very Low / Relatively High	$1,290
Middletown	$409,600	2005	Very Low / Relatively High	$1,360
Milford	$296,900	1991	Relatively Low / Relatively High	$1,075
Smyrna	$291,400	2001	Relatively Low / Relatively Moderate	$990
Seaford	$224,300	1977	Relatively Low / Relatively High	$860
Georgetown	$281,400	1986	Relatively Low / Relatively High	$1,030

Car insurance in Delaware →

Frequently asked questions

How much is homeowners insurance in Delaware?

NAIC data puts the average Delaware homeowners (HO-3) premium at $1,196 a year, ranking 41st of 51 (1 = most expensive). The national average is $1,737.

How much is renters insurance in Delaware?

The NAIC average renters (HO-4) premium in Delaware is $146 a year.

What natural hazards affect home insurance in Delaware?

FEMA's National Risk Index does not rate any single hazard in Delaware as relatively high for expected annual losses. Flood and earthquake still need separate policies.

Does homeowners insurance cover floods in Delaware?

No. Standard homeowners policies exclude flood damage. Flood coverage is sold separately through the National Flood Insurance Program (NFIP) or private insurers.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for the state, scale it by the ratio of the home value to the state median home value (Census ACS), adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for the county relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page