Homeowners Insurance in Milford, DE
For a home at Milford's median value of $296,900, we estimate about $1,075 a year — −10% versus the Delaware NAIC average of $1,196.
Estimated homeowners insurance cost in Milford
Milford's estimate reflects its home values (16% lower than the state median) and FEMA's hazard profile for Sussex County.
Natural hazard risk in Milford
| Hazard | Risk rating | Score (0–100) | Insurance impact |
|---|---|---|---|
| Hail | 60.4 | Comprehensive (car); roof claims (home) | |
| Tornado | 63.4 | Comprehensive; dwelling | |
| Hurricane | 97.2 | Comprehensive; wind/hurricane deductibles (home) | |
| Inland (river) flooding | 92.8 | Comprehensive; home needs a separate flood policy | |
| Coastal flooding | 97.6 | Comprehensive; home needs a separate flood policy | |
| Strong wind | 85.6 | Comprehensive; dwelling | |
| Winter weather | 96.7 | Collision (icy roads); frozen pipes (home) | |
| Wildfire | 84.8 | Comprehensive; dwelling | |
| Earthquake | 81.5 | Home needs a separate earthquake policy | |
| Lightning | 82.9 | Fire and electrical damage |
Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).
Estimated premium by home value in Milford
| Dwelling value | Wood frame | Brick / masonry |
|---|---|---|
| $200,000 | $785 | $720 |
| $300,000 | $1,085 | $1,000 |
| $500,000 | $1,630 | $1,500 |
| $750,000 | $2,260 | $2,075 |
Home Insurance Estimator
Homeowners insurance in Delaware · Car insurance in Milford · Insurance offices near Milford
Frequently asked questions
How much is homeowners insurance in Milford?
For a home at Milford's median value of $296,900, we estimate about $1,075 a year for a standard HO-3 policy with a $1,000 deductible. The Delaware NAIC average is $1,196.
What are the biggest natural hazards in Milford?
FEMA's National Risk Index rates Sussex County relatively high or very high for hurricane, coastal flooding, strong wind, winter weather, and lightning.
Does the age of homes in Milford affect insurance?
Yes. The median home in Milford was built in 1991 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.
How we estimate this
We start from the NAIC average homeowners (HO-3) premium for Delaware, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Sussex County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (July 2026), Tables 4 and 5 (HO-3 and HO-4 average premiums)
- FEMA National Risk Index (Sussex County)
- U.S. Census Bureau, American Community Survey (home values, year built, tenure)