The average cost of car insurance in Delaware is $787 per year for minimum coverage and $1,775 per year for full coverage. These rates are higher than the national average annual premiums. It is not surprising that the cost of car insurance in Delaware is higher than average. The small state is packed with cars and drivers.
There were over 800,000 licensed drivers in Delaware and over 1 million licensed vehicles as of 2019. For a state with just over 6,000 miles of roadways, that amounts to a lot of cars on the road. In 2018, the state had nearly 29,000 accidents resulting in over 8,100 injuries and 110 deaths. Finding the cheapest car insurance in Delaware can help protect your finances from accidents.
The cheapest car insurance in Delaware
Car insurance is a requirement in Delaware, as it is in most states, but just because insurance is a required expense does not mean that it has to be expensive. If you are looking for cheap car insurance in Delaware, Bankrate’s research may help you find coverage that fits your budget.
We began our search for the cheapest auto insurance in Delaware by obtaining current premium information from Quadrant Information Services for the largest providers by market share. We then analyzed the data. Along with average premium, we also reviewed coverage options, available discounts and third-party rankings.
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
USAA has the cheapest average minimum and full coverage premiums on our list. However, the company only sells insurance to current and past military members and their immediate families. For Delaware drivers who qualify, USAA may be a good option for cheap car insurance.
On top of its low average rates, USAA offers several discounts that could help you save even more. You might save for insuring a new car, garaging your vehicle on a military base, storing your vehicle while you are deployed, insuring multiple policies or driving low annual miles. USAA also offers a few optional coverages, like accident forgiveness and roadside assistance.
Learn more: USAA Insurance review
If you are searching for cheap insurance but still want plenty of coverage options, Travelers might be a good choice. The company offers optional coverages, like accident forgiveness, ridesharing coverage, new car replacement, roadside assistance and gap insurance.
Travelers also has a long list of discounts. There are discounts for good drivers, smart students, hybrid and electrical vehicle owners, those who complete a defensive driving course, homeowners — even if you do not insure your home with Travelers — and customers who have continuous insurance, among others.
Learn more: Travelers Insurance review
Nationwide offers average minimum and full coverage premiums that are much lower than Delaware’s average. The company also has numerous optional coverages, like gap insurance, vanishing deductible, rental car reimbursement, roadside assistance and accident forgiveness.
Drivers can also take advantage of Nationwide’s discounts for an even lower premium. There are savings for bundling policies, being accident-free, being a good student and enrolling in the SmartRide safe driver program. Nationwide also has a pay-per-mile insurance policy, called SmartMiles, which can be ideal for infrequent drivers who want cheap coverage.
Learn more: Nationwide Insurance review
Geico may be a great option if you are looking for a company that offers below-average rates in conjunction with digital tools. The company’s online customer portal is robust, and its mobile app is highly rated on both the App Store and Google Play. From the app, you can pay your bill, file a claim, call for roadside assistance or view an ID card.
Geico’s car insurance discounts are also quite impressive. There are multiple savings options, including some for active duty members, federal employees and for having a car with safety equipment.
Learn more: Geico Insurance review
Progressive’s full coverage car insurance policies are priced slightly above average in Delaware, but the company also provides a large selection of discount options. You may be able to save for having continuous insurance, getting your quore and buying your policy online, signing up for paperless statements and being a homeowner. As a Progressive customer, you also have access to unique online tools.
The Name Your Price Tool might help you to find coverage options within your price range. You can also compare quotes from several providers right from Progressive’s website, which could save you time.
Minimum coverage requirements for Delaware drivers
Every driver with a vehicle registered in Delaware is legally required to carry a minimum amount of car insurance. The minimum amount of insurance required in Delaware is:
- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $10,000 property damage
- $15,000 personal injury protection (PIP) per person
- $30,000 personal injury protection (PIP) per accident
- $5,000 personal injury protection (PIP) for funeral expenses
Drivers who purchase minimum coverage insurance pay some of the lowest prices. However, this may not be the most effective way to get cheap car insurance. The state minimum coverage limits may not cover the full cost of an accident. If the driver’s financial responsibility exceeds their coverage limits, they are required to pay the rest out-of-pocket. Most insurance professionals recommend that you purchase higher liability limits if you can afford to.
Additionally, minimum coverage does not include any coverage for damage to your own car. You will need full coverage, which includes comprehensive and collision, to cover your own vehicle. If you have a loan or lease, your lender will likely require that you carry full coverage.
How to get cheap car insurance in Delaware
If you are looking for the cheapest auto insurance in Delaware, you may want to start your search by researching affordable providers. However, there are several other ways that you might be able to get cheap coverage:
- Compare quotes: Before choosing an insurance company, get quotes from several providers and compare them. This is one of the most effective ways to see which insurance company can give you the lowest rate for the coverage you want.
- Look for discounts: Many drivers can take advantage of discounts to get a lower premium. Discounts vary by insurance company, but there are often savings for being claims-free, paying your premium in full, being a good student and bundling policies.
- Raise your deductibles: If you have full coverage, you have a deductible for your collision and your comprehensive coverage. This is the amount you will pay out of pocket if you file a claim for damage to your car. Raising the deductibles on your policy might help you save some money on insurance. Before you do so, make sure to consider the higher out-of-pocket expense if you need to file a claim.
- Choose coverage carefully: It can be tempting to purchase add-on coverages for extra protection, but you may want to be strategic because every endorsement will increase your premium.
If you are not sure how much coverage you need or what types of coverages to purchase, working with a licensed agent might be helpful. An agent may be able to suggest appropriate coverages and levels of coverage for your situation.
Frequently asked questions
What is the best car insurance in Delaware?
The best car insurance company in Delaware is different for every driver. It depends on your personal criteria and budget. Before you shop for insurance, take some time to decide what you want and need from a company. This might help you to narrow down the list of carriers that you request quotes from. Once you have quotes from several companies, you can review the premiums, coverage options, discounts and customer reviews to make your choice.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance in the United States is $1,674 per year for a full coverage policy. In Delaware, the average driver pays $1,775 per year for a full coverage policy. Minimum coverage is also more expensive in Delaware than it is in the nation as a whole, with an average annual premium of $787 compared to the national average of $565 annually.
What does full coverage insurance include?
Full coverage car insurance means that you are including coverage for damage to your own vehicle. A full coverage policy includes collision and comprehensive coverages. The term “full coverage” simply refers to the coverage for your own vehicle — comprehensive and collision — but some companies and insurance agencies may have their own definitions that include other coverages, like PIP, uninsured and underinsured motorist coverage, car rental reimbursement and roadside assistance.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.