As of 2017, there were an estimated 714,426 licensed drivers in Delaware. Although Delaware is a small state, drivers traveled over 10 billion miles that year. Every driver in Delaware is required to carry car insurance to protect themselves and other people on the road.
The average Delaware driver pays $1,716 per year for full coverage car insurance and $667 per year for minimum coverage car insurance. However, car insurance rates are personalized, and premiums vary based on factors like ZIP code, age, credit score and the individual insurance company.
The cheapest car insurance in Delaware
Drivers who are searching for the cheapest car insurance providers in Delaware can get affordable coverage from several popular insurance companies. The table below includes the cheapest insurance options in Delaware, along with the average annual minimum and full coverage insurance premiums:
|Car Insurance Company||Average Annual Premium for Minimum Coverage||Average Annual Premium for Full Coverage|
Quadrant Information Services, 2020
USAA is one of the best insurance companies on the market. The only caveat is that it only sells coverage to active duty military members and veterans. For Delaware drivers who live on Dover Air Force Base or are retired veterans, USAA is likely a good option for cheap car insurance.
With USAA, the average Delaware driver pays $964 annually for full coverage insurance and $305 annually for minimum coverage insurance. The company offers a variety of discounts, including some military-specific savings such as a 15% discount on comprehensive coverage for drivers who garage their vehicle on a military base.
Travelers is one of the cheapest car insurance companies in Delaware. The average driver pays $1,132 per year for full coverage insurance and $438 per year for minimum coverage insurance. The company also offers unique coverages, like accident forgiveness and rideshare insurance.
In terms of savings, Travelers has a long list of discounts. There are discounts for good drivers, smart students, hybrid and electrical vehicle drivers, those who complete a defensive driving course, homeowners and customers who have continuous insurance, among other discounts.
Geico is known for offering affordable rates to drivers in Delaware and across the country. The average Delaware driver pays $1,301 per year for a full coverage policy from Geico and $533 per year for a minimum coverage policy.
Geico’s car insurance discounts are quite impressive. There are multiple savings options, including some for active duty members, federal employees and for having a car with safety equipment.
Nationwide is often recognized for its comprehensive car insurance coverage options, discounts and online tools. In Delaware, the average full coverage policy from Nationwide costs $1,331 per year and the average minimum coverage policy costs $617 per year.
Drivers can 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.
Progressive’s car insurance policies are priced slightly above average, but the company also provides a larger selection of discount options. The average full coverage policy costs $1,811 per year and the average minimum coverage policy costs $664 per year. However, drivers get access to unique online tools, good discounts and great coverage.
Delaware drivers can likely save an average of $145 per year by enrolling in the Snapshot safe driver program. They can also use the Name Your Price Tool to find policies within their price range. In addition, Progressive offers a variety of popular discounts, like for having continuous insurance, being a good student, adding a teen driver to a policy and being a homeowner, among other savings.
Affordable coverage 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 personal liability insurance required is 25/50/10, which includes $25,000 in bodily injury coverage per person, $50,000 in bodily injury coverage per accident and $10,000 in property damage coverage per accident.
In addition, Delaware drivers must carry personal injury protection (PIP). With PIP coverage, a driver’s insurance company will cover their medical expenses and their passenger’s medical expenses after an accident. PIP insurance also allows up to $5,000 for funeral expenses.
Drivers who purchase minimum coverage insurance pay the lowest price. 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.
How to get cheap car insurance in Delaware
Drivers who are looking for the cheapest auto insurance in Delaware should start their search by researching affordable providers. However, there are several other ways that drivers can get cheap coverage:
- Compare quotes: Before choosing an insurance company, get quotes from several providers and compare them. This is the most effective way to see which insurance company can give you the lowest rate for the coverage you want.
- Look for discounts: Most 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 the deductible: Raising the deductible on your policy can 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 be strategic with the coverages you choose. Every endorsement will increase your premium, so it is recommended to only buy optional coverages that you really need.
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. Some of the highest-rated insurance companies in Delaware are Erie, Geico, Nationwide and State Farm.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance in the United States is $1,738 per year for a full coverage policy. In Delaware, the average driver pays $1,716 per year for a full coverage policy. Most Delaware drivers pay slightly less than the national average rate.
What does full coverage insurance include?
The standard full coverage car insurance policy includes collision, comprehensive, liability and medical payments coverage. It might also include PIP coverage and underinsured or uninsured motorist coverage depending on the insurance company and state.
Bankrate utilizes Quadrant Information Services to analyze 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 sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.
Rates are determined based on 2020 Quadrant Information Services data.