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Affordable Home Insurance in Delaware

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What drives home insurance rates in Delaware

Average homeowners premium, 2023

$1,196

The average homeowners policy in Delaware cost $1,196 for a year of coverage in 2023, against $1,737 nationally.

Claims paid per premium dollar, 2023

60.1¢

Home insurers in Delaware paid 60.1 cents in claims for every premium dollar in 2023; the median state was 64 cents.

Severe weather events, 2024

5

NOAA logged 1 tornado, 0 large-hail and 4 flash-flood event reports in Delaware in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.

Natural-hazard loss rank

#47

FEMA ranks Delaware #47 of 51 for expected annual loss from natural hazards; flood accounts for 63% of that loss, and flood damage needs a separate flood policy.

  • Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
  • Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
  • Severe weather events, 2024: NOAA Storm Events Database, 2024
  • Natural-hazard loss rank: FEMA National Risk Index

Largest home insurers in Delaware

The ten insurer groups that wrote the most home premium in Delaware in 2025, with their share of the state total of $535 million.

#Insurer groupMarket sharePremiums written
1State Farm Group27.3%$146 million
2United Services Automobile Association Group9.9%$53 million
3Allstate Insurance Group8.1%$43 million
4American Family Insurance Group7.67%$41 million
5Nationwide Corp Group7.07%$38 million
6Liberty Mutual Group7.02%$38 million
7Travelers Group4.33%$23 million
8Chubb Ltd Group2.99%$16 million
9Progressive Group2.89%$15 million
10Farmers Insurance Group2.72%$15 million

Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.

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