In this article we have compiled a list of the best homeowners insurance companies in Delaware based on highest market share, financial strength, policy offerings, discounts, and premiums.
Our top picks include Allstate, American Family, Progressive, State Farm and USAA, all of which ranked highly in the 2019 J.D. Power Home Insurance Study and have sound credit and customer ratings.
The 5 Best Homeowners Insurance Companies in Delaware
- State Farm: Best Web Experience
- Allstate: Best for New Homeowners
- Progressive: Best for Easy Online Quotes
- American Family: Best For Smart Homes
- USAA: Best for Military Members and Families
Compare Delaware’s Top Insurance Companies
| Company | AM Best Financial Strength | J.D. Power Overall Customer Satisfaction |
| State Farm | A++ | 829/1000 |
| Allstate | A+ | 829/1000 |
| Progressive | A+ | 797/1000 |
| American Family | A | 821/1000 |
| USAA | A++ | 889/1000 |
The Best Delaware Homeowners Insurance Companies
State Farm
State Farm offers above-average customer support along with competitive pricing and solid coverage options. For those new to homeownership, its Simple Insights blog can tell you everything you need to know about owning a home in general.
Best Web Experience
Why we chose it
Why we chose it
Pros
- Financially strong
- Excellent web presence
- 19,000+ agents nationally
- Informative blog
Cons
- Limited discounts
- Higher premiumsU
Discounts available
- Multiple policy discount
- Fire, smoke, or burglar alarms discount
- Impact-resistant roof discount
Unique features
State Farm’s comprehensive website makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on State Farm:
Allstate
Allstate’s strength is in the diversity of its offerings and discounts, which allow you to pick and choose the coverage that works best for your circumstances. It has a great website, with tons of useful information.
Best for New Homebuyers
Why we chose it
Why we chose it
Pros
- Diverse discount opportunities
- Informative website and digital tools
- Above-average customer service
Cons
- NAIC complaint index high
- Financial strength ratings good, but not great
Discounts available
- Early signing discount
- Home buyer discount
- Hail-resistant roof discount
Unique experiences
Allstate’s discount list is longer than most national insurers. You could save up to 10% on your premiums if you sign up for your new policy at least 7 days before the current one expires.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on Allstate:
Progressive
Progressive is widely known for its iconic commercials and promises to help you find the best insurance rates. With Progressive, you can get coverage for common, broad, and special perils.
Best for Easy Online Quotes
Why we chose it
Why we chose it
Pros
- Access to an online quote tool
- Service available in all 50 states
- Several discounts available
Cons
- Insurance quote varies based on home location and condition
- Average to below average customer service ratings
Discounts available
- Save 10% by bundling home and auto insurance
- Discount for owning an alarm system
- Discount for going paperless
Unique features
You can bundle your Progressive auto and home insurance to save on your premiums.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on Progressive:
- Progressive Homeowners Insurance Review
- Progressive Renters Insurance Review
- Progressive Auto Insurance Review
American Family Insurance
American Family Insurance is a good choice for any type of homeowner, but it especially shines for new homebuyers and homes with smart systems. The insurer’s affordable premiums and a variety of online learning resources are ideal for someone just getting started with purchasing their first home.
Best for Smart Homes
Whey we chose it
Why we chose it
Pros
- Customizable coverage options
- Good customer satisfaction ratings and 24/7 claims center
- Smart home discount
- Helpful digital resources for new homebuyers
Cons
- Limited availability
Discounts available
- Smart home discount
- Generational discount if your parents are policyholders
- Renovated home discount
Unique features
American Family’s MyAmFam App was redesigned to make managing your homeowners insurance policy easier.
*J.D. Power 2020 U.S. Property Claims Customer Satisfaction Study, based on a 1,000-point scale
Further Reading on American Family:
- American Family homeowners insurance review
- American Family renters insurance review
- American Family auto insurance review
USAA
USAA stands out for its excellent customer service, comprehensive policies, and fair prices. The only catch is that you must be a current or former member of the military community to purchase a policy — but if you are, the company should be your first stop.
Best for Military Members and Families
Why we chose it
Why we chose it
Pros
- Outstanding customer service
- Policies tailored to military family needs
- Competitive pricing
Cons
- Only available to current and former military members and their families
- Limited discounts
Discounts available
- Save 10% if you bundle with auto
- Claims-free 10% discount
- Home security system discount
Unique features
USAA’s policies are written with service men and women in mind. This means they have details that anyone in the military can appreciate, such as full coverage for uniforms for active duty or deployed members.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on USAA:
Average Cost of Homeowners Insurance in Delaware
The cost for home insurance in Delaware is between $500 and $600 for annual premiums, more than 50% lower than the national average of $1,211. However, insurers determine your insurance rate based on many factors, including the home’s age, its construction and you may also qualify for discounts to reduce your rate. Because of these factors and others, your actual premium cost may vary from the averages listed here.
Home Insurance Add-Ons That Will Further Protect You
Besides standard dwelling, liability, loss of use, medical payments and other structures coverages, homeowners in Delaware should consider these optional coverages to maximize their protection:
- Additional personal property coverage: This coverage will pay for the loss of expensive items such as artwork, jewelry, musical instruments and sports equipment.
- Business property coverage: Covers items such as laptops, monitors and printers. Although standard homeowners policy usually offers limited coverage for these items, you might need added protection if you operate a home office.
- Earthquake insurance: Even though only 58 earthquakes have been documented in Delaware since 1871, most standard homeowners policies don’t cover damages caused by earthquakes so it is always best to be prepared for what you can’t predict.
- data recovery: Pays costs associated with calamities such as hard drive crashes.
- Flood insurance: Standard policies, typically, don’t cover damages caused by floods, so if you live in an area prone to flooding, you will need to purchase a separate policy for this peril.
- Garden and yard coverage: Pays for landscaping damages such as downed trees and broken lawn equipment caused by a covered event.
- Identity theft protection: Helps pay legal fees and lost wages if you fall victim to identity theft.
- Replacement cost coverage: Having this add-one helps you rebuild your home at the current market cost. Most standard policies will only pay your home’s actual cash value, leaving you holding the bag if you need to rebuild.
- Scheduled personal property coverage: Allows you to repair or replace items for which you’ve received an appraisal, like wedding rings or family heirlooms.
- backup coverage: Pays to repair damages caused by a backed-up drain or sump pump.
The Cheapest Homeowner Insurance Companies in Delaware
| Homeowner Insurance Companies | Average Annual Premium |
| Cumberland Mutual Fire Insurance Company | $392 |
| Nationwide | $398 |
| Travelers | $482 |
| Encompass | $609 |
| State Farm | $701 |
| Average Across Credit Rating Tiers | $516 |
Cost of Homeowners Insurance by Age of Home
| Age of Home Tier | Average Annual Premium |
| 0-10 | $497 |
| 10-25 | $636 |
| 25-50 | $638 |
| 50+ | $644 |
| Average Across Home Tiers | $604 |
Top 3 Cheapest Homeowners Insurance Companies in Delaware
- Cumberland Mutual Fire Insurance Company: $392
- Nationwide: $398
- Travelers: $482
Top 3 Most Expensive Homeowners Insurance Companies in Delaware
- State Farm: $701
- Encompass: $609
Helpful Resources for Delaware Homeowners
When reviewing your quotes, pay attention to the details as home insurance companies in Delaware vary in offerings. Compare standard coverages and personal property limits. Determine discounts for which you may qualify, as well as add-on coverages you may need, like flood insurance or additional personal property coverage for expensive items.
Before signing an insurance contract, always ensure the insurer you choose has a valid license in The First State. Here are a few resources to use to learn more about homeowners insurance for your Delaware home:
- Delaware Department of Insurance – The Instant Insurance Guide: Home
- Reviews.com Buyer’s Guide to Home Insurance
- How to Estimate your Homeowners Insurance
Homeowners Insurance FAQ
Is homeowners insurance required in Delaware?
The State of Delaware doesn’t require you to carry homeowners insurance. However, if you finance a home, your lender will require you to purchase a home insurance policy.
What is the cheapest homeowners insurance in Delaware?
Based on our research, Delaware insurers offering the lowest average annual home insurance rates include Cumberland Mutual Fire Insurance Company, Nationwide, and Travelers.
Methodology
We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best providers. To compare home insurance companies in Delaware across the board, we then calculated a Reviews.com score based on the following:
- Customer Ratings: Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
- Coverage: As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
- Confidence: It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
- Customer Experience: The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.
About the Authors
Nina Rodríguez-Quirós is a feature writer for Reviews.com. Over the last year, she has covered insurance providers, claims handling, coverage and more. She has been featured in Allconnect.com and holds a Master’s Degree in Theory and Research of Communications from the University of Puerto Rico. Her favorite review is Millennials and Auto Insurance.
