Best and Cheapest Homeowners Insurance in Delaware for 2025 (Top 10 Low-Cost Companies)
USAA, Travelers, and Progressive are the best and cheapest homeowners insurance in Delaware with rates as low as $38/mo for $200k policy. USAA stands out for military homes.
Travelers is ideal for green homeowners, offering discounts for energy-efficient homes. Progressive excels with bundling options, providing discounts on combined home and auto policies.
| Insurance Company | Rank | $200k Policy | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 |
#1 | $127 | A++ | Military Focus | USAA |
 |
#2 | $91 | A++ | Nationwide Reach | Travelers |
 |
#3 | $100 | A+ | Aggressive Pricing | Progressive |
 |
#4 | $75 | A++ | Online Efficiency | Geico |
 |
#5 | $42 | B | Broad Network | State Farm |
 |
#6 | $131 | A | Loyalty Rewards | American Family |
 |
#7 | $38 | A+ | Flexible Bundling | Nationwide |
 |
#8 | $88 | A | Policy Customization | Farmers |
 |
#9 | $48 | A+ | Competitive Offers | Allstate |
 |
#10 | $100 | A | Homeowner Savings | Liberty Mutual |
This article explores average cost of homeowners insurance in Delaware, breaking down key providers, rates, and reviewing insurance policy. To secure the best and cheapest homeowners insurance in Delaware, compare rates now with our free quote tool.
What You Should Know
- USAA offers the best homeowners insurance for military families
- Travelers provides green home discounts for properties in Delaware
- Progressive stands out with bundled home and auto policies discounts
#1 – USAA: Top Overall Pick
Pros
- Military-Specific Discounts: Offers affordable homeowners insurance rates tailored for military families, ensuring cheap homeowners insurance in Delaware with added deployment savings. Learn more in our USAA insurance review.
- Free Home Risk Assessments: Helps lower premium costs by identifying potential risks, reducing the average cost of homeowners insurance in Delaware.
- Full Replacement Coverage: USAA ensures full value for belongings without depreciation, offering peace of mind for military families seeking home insurance in Delaware.
Cons
- Strict Eligibility: Coverage is only available to military members and their families, which limits access for most homeowners in Delaware.
- Limited Local Agents: Fewer physical locations for in-person support can make it difficult for homeowners to compare home insurance quotes in Delaware.
#2 – Travelers: Best for Green Homeowners
Pros
- Green Home Discount: Energy efficient homes are eligible for significant savings, and eco friendly properties can lower the average cost of homeowners insurance in Delaware.
- Affordable Premiums: Only competitive $91 monthly rates for $200k policy, best for those who want cheap homeowners insurance in Delaware.
- Customizable Add-Ons: Travelers makes it easy to tailor your policy to meet property needs. Check out our Travelers insurance review.
Cons
- Limited to Newer Homes: Older homes may not qualify for green discounts, which can impact cheap home insurance in Delaware for some.
- Bundling Limitations: Fewer multi-policy options compared to competitors make it harder to save on home insurance quotes in Delaware.
#3 – Progressive: Best for Bundling Discounts
Pros
- Bundling Savings: Get discount when bundling home and auto policies, a great way to find cheap homeowners insurance in Delaware. Learn more in our Progressive insurance review.
- Competitive Pricing: The average cost of homeowners insurance in Delaware is still kept low with a $200k policy starting at $100 per month.
- Water Backup Coverage: Progressive offers flood coverage for the most flood prone areas, providing flexible home insurance in Delaware.
Cons
- Agent Availability: Limited local agents for personalized service may be a problem for those looking for home insurance quotes in Delaware.
- Basic Coverage: Base policies don’t have unique endorsements, not customizable for cheap homeowners insurance in Delaware.
#4 – Geico: Best for Basic Coverage
Pros
- Affordable Premiums: $75 monthly rates for simple, effective coverage, making it easy to find cheap homeowners insurance in Delaware without extra add-ons. (Read More: Geico Renters Insurance Review)
- Extended Coverage Options: Partner providers offer additional policy enhancements, allowing homeowners to customize home insurance in Delaware as needed.
- Easy Tools: Geico has online quotes and policy management, makes comparing home insurance quotes in Delaware a breeze.
Cons
- Third-Party Claims: Claims handled through partner companies may result in delays for homeowners insurance in Delaware during emergencies.
- Limited Customization: Policies lack advanced coverage options, which can affect those needing specialized cheap homeowners insurance in Delaware.
#5 – State Farm: Best for Policy Customization
Pros
- Flexible Policies: Personalize coverage to meet your home's needs, helping homeowners get tailored home insurance in Delaware at competitive prices. See more in our State Farm insurance review.
- New Construction Discounts: Cheaper rates for new homes lower the average price of homeowners insurance in Delaware a lot.
- Competitive Pricing: State Farm offers flexible and affordable choices for home insurance in Delaware.
Cons
- Limited Older Home Coverage: There aren't specialized choices for older homes, limiting access to affordable homeowners insurance in Delaware.
- Add-On Costs: Endorsements add to the monthly premium and total cost of home insurance in Delaware.
#6 – American Family: Best for Unique Coverage Options
Pros
- Diminishing Deductibles: Safe homeowners get lower deductibles over time, offering cost-effective homeowners insurance in Delaware.
- Identity Theft Protection: Add-ons for extra financial security, a valuable option when exploring home insurance quotes in Delaware.
- Competitive Rates: American Family provides solid options for cheap homeowners insurance in Delaware. Learn more in our review of American Family insurance.
Cons
- Limited Coverage Areas: Not all parts of Delaware are covered, restricting access to affordable home insurance in Delaware.
- Higher Rates Without Safety Features: Homes without safety updates may face higher-than-average cost of homeowners insurance in Delaware.
#7 – Nationwide: Best for Discounts on New Homes
Pros
- New Home Discounts: Significant savings for homes less than 10 years old, lowering the average cost of homeowners insurance in Delaware. Learn more in our Nationwide insurance review.
- Affordable Pricing: $38 monthly rates offering the cheapest homeowners insurance in Delaware for modern homes.
- Ordinance Coverage: Nationwide provides essential rebuilding protection for older homes, ensuring comprehensive home insurance in Delaware.
Cons
- Outdated Systems Penalties: Higher rates for homes with older infrastructure impact affordable options for cheap homeowners insurance in Delaware.
- Renters Transition Issues: Limited flexibility for renters converting to homeowners makes home insurance quotes in Delaware less accessible.
#8 – Farmers: Best for Customizable Policies
Pros
- Customizable Coverage: Flexible policy options tailored to property needs, perfect for finding the right homeowners insurance in Delaware. See more in our Farmers insurance review.
- Bundling Discounts: Combining home and auto coverage gets you savings, making it easier to get cheap homeowners insurance in Delaware.
- Additional Coverages: Farmers provides options for unique risks, helping homeowners secure tailored home insurance in Delaware.
Cons
- Higher Rates: Monthly rates are above competitors, raising the average cost of homeowners insurance in Delaware for some policyholders.
- Digital Limitations: Limited tools for managing policies online may make home insurance quotes in Delaware harder to access.
#9 – Allstate: Best for Comprehensive Add-Ons
Pros
- Claim-Free Rewards: Allstate lowers premiums annually for claim-free homeowners, helping reduce the average cost of homeowners insurance in Delaware. See more in our Allstate insurance review.
- Wide Range of Endorsements: Offers comprehensive add-ons for specific needs, ensuring flexible home insurance in Delaware with extra protection.
- New Home Discounts New homeowners get initial policy discounts, Allstate is an option for cheap home insurance in Delaware.
Cons
- Higher Premiums: Allstate's monthly rates are higher than most competitors, which can raise the overall cost for homeowners.
- Limited Availability in Rural Areas: Certain rural properties in Delaware may face fewer coverage options or higher costs.
#10 – Liberty Mutual: Best for High-Value Homes
Pros
- High-Value Coverage: Tailored policies with full replacement cost coverage are ideal for luxury homes needing reliable homeowners insurance in Delaware. See details in our review of Liberty Mutual.
- Safety Feature Discounts: Liberty Mutual provides discounts for homes with security systems, offering affordable home insurance quotes in Delaware.
- Customizable Policies: Many options to adjust coverage, so homeowners can get coverage that fits their property in Delaware.
Cons
- Expensive Premiums: At $200 per month for $500k policy, Liberty Mutual has one of the highest average costs of homeowners insurance in Delaware.
- Complex Policy Options: Customization can make understanding coverage options difficult for those seeking straightforward cheap homeowners insurance in Delaware.
Comparing Delaware House Insurance Rates
Finding affordable homeowners insurance in Delaware comes down to understanding your coverage needs and comparing your options across different policy values. According to recent data, Nationwide leads with the most competitive rates at $38 for a $200,000 policy, followed closely by State Farm at $42 and Allstate at $48.
The data shows significant price variations as coverage levels increase. For $500,000 policies, premiums range from $93 with Nationwide to $254 with USAA. Mid-tier options include Geico at $150 and Travelers at $170, while Progressive and Liberty Mutual both price their $500,000 policies at $200. Companies like American Family and Farmers fall in the middle range, with $200,000 policies at $131 and $88 respectively.
| Insurance Company | $200k Policy | $300k Policy | $500k Policy |
|---|---|---|---|
|
48 | 9200% | 104 |
|
131 | 13200% | 177 |
|
88 | 13100% | 175 |
|
75 | 11300% | 150 |
|
100 | 15000% | 200 |
|
38 | 6200% | 93 |
|
100 | 15000% | 200 |
|
42 | 5900% | 130 |
|
91 | 13000% | 170 |
|
127 | 19100% | 254 |
If you’re looking to protect your property or need Delaware condo insurance or HO-6 insurance, these providers offer a range of options to help you secure the cheapest home insurance in Delaware without sacrificing quality. By comparing quotes, you can confidently find the best homeowners insurance in Delaware that fits your budget and coverage needs.
Delaware Property Reports and Disaster Risks
Getting the best homeowner insurance company not only protects against property damage but also mitigates financial losses from theft or vandalism, which are common risks in Delaware.
| Factor | Value |
|---|---|
| Homeowners Accidents per Year | 2,000 |
| Claims per Year | 1,800 |
| Average Claim Cost | $12,500 |
| Percentage of Fire Claims | 30% |
| Weather-Related Incidents | Frequent storms, flooding |
According to this data, Delaware residents have big home risks, 1,800 claims per year averaging $12,500 each. 30% of claims are from fire damage and frequent storms so comprehensive coverage is a must for your property.
The 125th @armynavygame presented by USAA was one for the history books. Congrats again to @navyfb on their win and to @armywp_football on an incredible season. We’ll see you next year in Baltimore! pic.twitter.com/x9Xm52eIHt
— USAA (@USAA) December 16, 2024
Plus Delaware has weather related disasters that can lead to costly homeowners claims. Since 1953 FEMA has declared the following disasters in the state:
| Claim Type | Portion of Claims | Cost per Claim |
|---|---|---|
| Bundling | 20% | $150,000 |
| Home Security | 15% | $90,000 |
| Claims-Free | 10% | $75,000 |
| New Home | 8% | $50,000 |
| Loyalty | 5% | $100,000 |
Given these risks, Delaware homeowners should carefully evaluate their insurance policy to ensure it provides adequate protection against natural disasters and crime-related damages.
Homeowners Insurance Discounts in Delaware
Finding cheap home insurance in Delaware is easier when you take advantage of the available discounts offered by top providers.
| Discount Name | Grade | Savings | Participating Providers |
|---|---|---|---|
| Bundling | A+ | 20% | State Farm, Allstate, Nationwide |
| Home Security | A | 15% | Liberty Mutual, Travelers, USAA |
| New Home | B+ | 8% | American Family, State Farm |
| Loyalty | B | 5% | Nationwide, Allstate, The Hartford |
Whether you’re insuring a standard home, seeking Delaware high-value home insurance, or comparing Delaware home insurance quotes, the table below highlights the best discount opportunities to help you save:
| Insurance Company | Available Discount |
|---|---|
|
Homeownership, Multi-Policy, Bundling |
|
Bundling, Loyalty, Multi-Policy |
|
Homeowners, Multi-Policy |
|
Homeownership, Multi-Policy, Bundling |
|
Homeowner, Bundling, Multi-Policy |
|
Multi-Policy, Homeownership, Bundling |
|
Homeownership, Multi-Policy |
|
Homeownership, Multi-Policy, Bundling |
|
Multi-Policy, Homeowners, Bundling |
|
Homeownership, Multi-Policy, Bundling |
Discounts like multi policy bundling can save big on premiums so the best homeowners insurance in Delaware can be more affordable. For example USAA and Geico have bundling options for homeowners who also need auto insurance, American Family has loyalty discounts for loyal customers.
This can be big for those with Delaware high value home insurance where premiums are higher. Compare multiple providers and ask about discounts that apply to you. Bundle discounts and get affordable coverage for your home.
Read More: Top 3 Ways to Save on Homeowners Insurance
Secure the Best Homeowners Insurance in Delaware with Top Providers
USAA, Travelers, and Progressive stand out as the best and cheapest homeowners insurance providers in Delaware. USAA offers the lowest rates at $23 per month and provides valuable perks like loss assesment coverage for military families.
Travelers delivers affordable coverage with green home discounts for energy-efficient properties, while Progressive excels with up to 20% bundling savings on combined home and auto policies. See participating providers for their premiums.
| Discount Name | Grade | Savings | Participating Providers |
|---|---|---|---|
| Bundling | A+ | 20% | State Farm, Allstate, Nationwide |
| Home Security | A | 15% | Liberty Mutual, Travelers, USAA |
| Claims-Free | A | 10% | Progressive, Farmers, Geico |
| New Home | B+ | 8% | American Family, State Farm |
| Loyalty | B | 5% | Nationwide, Allstate, The Hartford |
Why pay more to protect your home when you can find the same coverage for less? Enter your ZIP code to compare home insurance quotes with our free comparison tool.
Frequently Asked Questions
What is the cheapest homeowners insurance company in Delaware?
USAA offers the lowest rates at $23/month, but it's only available to military members. For the general public, Travelers has the lowest rates at $43/month.
Does Delaware require homeowners insurance?
No, Delaware doesn't legally require homeowners insurance, but mortgage lenders typically require it as a condition of the loan.
Read More: 5 Things to Know About Home Insurance
How much is full coverage home insurance in Delaware?
Full coverage rates vary by provider, ranging from $43/month with USAA to $494/month with Liberty Mutual. The average among top providers is around $156/month.
Which insurance companies offer green home discounts in Delaware?
Travelers is the primary provider offering significant discounts for energy-efficient homes in Delaware. Compare quotes from the cheapest home insurance companies by entering your ZIP code into our free tool.
What are the most common home insurance claims in Delaware?
According to the data, the most common claims stem from hurricanes, snowstorms, and severe storms, with Delaware experiencing 8 hurricane-related disasters since 1953.
Read More: Hurricane Insurance Guide
How much can I save by bundling home and auto insurance in Delaware?
Bundling discounts vary by provider, with Progressive offering up to 20% savings on combined home and auto policies.
Which companies offer the best coverage for older homes in Delaware?
Nationwide offers ordinance coverage specifically for older homes, though several providers note limitations on older home coverage.
What factors affect homeowners insurance rates in Delaware?
Key factors include home age, location, construction type, safety features, credit score, and claims history.
Does standard homeowners insurance in Delaware cover flood damages?
No, standard homeowners insurance policies don't typically cover flood damage. Separate flood insurance is recommended.
Read More: A Practical Guide for Understanding Homeowners Insurance
What discounts are commonly available for Delaware homeowners insurance?
Common discounts include multi-policy bundling, home security systems, new home construction, claim-free history, and loyalty rewards.
Don’t settle for expensive home insurance premiums. Enter your ZIP code to find robust coverage for your dwelling at an affordable price.