Best car insurance companies in Delaware
After reviewing the largest car insurance companies by market share in Delaware, we determined that USAA, Geico, Travelers, State Farm and Allstate are among the top carriers available. Our analysis of these companies included a review of premiums, coverages and discounts.
We also chose the best auto insurance in Delaware based on each company’s J.D. Power rankings and AM Best financial strength ratings. We combined all these factors into a Bankrate Score for each company. The scores are on a 5.0 scale, and companies with higher scores are more highly rated within the individual rating categories. Based on our research, here are the top choices:
|Car insurance company||Bankrate Score||Average annual full coverage premium||J.D. Power customer satisfaction score|
*Not officially ranked by J.D. Power due to eligibility restrictions
Although it does not qualify for official ranking, USAA received the highest number of points from J.D. Power, with a score of 890. USAA has the lowest average annual full coverage premium on our list, but the company only sells insurance to current and former military members and their immediate families. If you do qualify for coverage, you might find that USAA offers a competitive premium for your policy as well as a few optional coverages to help you build a policy that fits your needs.
Learn more: USAA Insurance review
Geico received a below-industry-average score from J.D. Power for claims service, but you may want to consider getting a quote if you are looking for a company that offers a long list of available discounts. You may be able to lower your premium with Geico’s discounts for federal employees, military members, safe drivers and good students. The company also offers several kinds of insurance, including home, renters, business and pet coverage, so you may be able to keep all your insurance needs in one place.
Learn more: Geico Insurance review
Despite the fact that Travelers has the lowest J.D. Power score on our list, the company may be worth your time. Travelers offers the second-lowest premium of the companies we reviewed and offers a variety of optional coverages to help you tailor your policy to your needs, including accident forgiveness, ridesharing coverage and gap insurance. The company also offers numerous discounts to help you save.
Learn more: Travelers Insurance review
State Farm maintains local agencies, offering you a dedicated agent to help you with claims, questions and concerns. That personal touch appeals to many drivers, but State Farm also offers 21st-century tools that you might expect. With the State Farm mobile app, you can access your policy information, call for roadside assistance, contact your agent or start a claim. However, State Farm Does generate a higher-than-average number of complaints, according to the National Association of Insurance Commissioners (NAIC).
Learn more: State Farm Insurance review
Allstate has the highest average cost for full coverage premium insurance with an average cost of $1,921 in Delaware. Although Allstate has average customer ratings and offers the usual standard coverage options, the company’s list of add-ons sets it apart from its competitors. Featured endorsements include accident forgiveness, safe driving bonus, rideshare and Allstate’s Drivewise and Milewise programs, which could lower your insurance premiums and help you learn safer driving habits.
Learn more: Allstate Insurance review
Average car insurance cost in Delaware
Car insurance in Delaware is generally more expensive than the national average. Delaware drivers pay, on average, $787 per year for the minimum required levels of insurance and $1,775 for full coverage. For comparison, the national average is $1,674 for full coverage and $565 for minimum coverage.
However, car insurance rates are highly personalized and vary by a number of factors, including your location, age, driving history, the type of car you drive and the coverages you choose. Delaware’s average premiums may be higher than the national average for a number of reasons. Delaware is a small state but has over 800,000 licensed drivers on its roads, not including tourists. The high density of drivers could mean that accidents are more likely, resulting in higher car insurance premiums.
|Average annual premium for minimum coverage in Delaware||Average annual premium for full coverage in Delaware|
How to find the best car insurance in Delaware
Insurance is a personalized purchase, meaning that premiums and coverages will vary based on your individual circumstances. However, there are a few steps you can take to find the best auto insurance in Delaware for you.
Consider state minimum insurance requirements in Delaware
To drive legally in Delaware, you must purchase the state’s required minimum limits of bodily injury liability and property damage liability coverage as well as personal injury protection (PIP). Understanding the minimum coverages in your state may help you determine if you need higher limits or additional coverages, such as comprehensive or collision. Details about Delaware’s minimum requirements are available from the Delaware Department of Insurance. Bankrate’s insurance editorial team has also consolidated the information about Delaware’s car insurance laws to help you understand the requirements.
Consider lender requirements
If you have a loan or lease on your vehicle, a banking institution has a financial stake in your vehicle. Because of this, lenders and leasing companies typically require that you carry a full coverage auto insurance policy, which provides coverage for damage to your vehicle. You may also want to consider gap insurance. This optional coverage is designed to cover the difference between your vehicle’s total loss value and the balance on your loan, so that you do not have to pay the overage out of pocket.
Consider your individual needs
There are numerous life events that can impact how much you pay for car insurance. A teen driver getting licensed, for example, can result in a large premium increase. Driving incidents such as tickets, accidents and DUI could mean you are rated as a high-risk driver and might increase your premium. Looking for companies that fit your individual needs might help you mitigate the premium impact of these life events. For example, households with teen drivers might want to choose a company that offers young driver discounts, and drivers with incidents on their record might want to get quotes from carriers that specialize in car insurance coverage for high-risk motorists.
Car insurance discounts in Delaware
Although auto insurance is generally more expensive in Delaware than it is nationally, you may be able to save with discounts. Delaware auto insurance companies have discount programs that can sometimes offer substantial savings for qualified policyholders. Some common auto insurance discounts in Delaware are:
- Young driver discounts: College students away at school without a car might save money on their insurance. Good student discounts are also relatively common and reward full-time students under the age of 25 for good grades.
- Safe driver discounts: Safe drivers can save in a few ways. Keeping a clean driving record can help you avoid surcharges associated with accidents and tickets. You might also earn a discount if you go for a length of time without filing a claim, or if you take advantage of a telematics program.
- Other discounts: Households that insure more than one car or have more than one policy with the same company are often eligible for discounts. You might also save if your household can afford to pay for your insurance policies in full or if you sign up for automatic withdrawals.
Every insurance company has its own set of discounts. Researching discounts on a company’s website or talking to one of its agents may help you to find ways to save.
Frequently asked questions
What is the cheapest car insurance in Delaware?
Based on our research, the cheapest car insurance companies in Delaware include USAA, Travelers and Nationwide. However, although these companies offer low average rates, your premium will vary based on your individual rating factors. This is why getting quotes from several companies is one of the best things you can do when you shop for car insurance. With multiple quotes, you can compare premiums, coverages, discounts and third-party ratings to find the provider that is right for you.
What information is needed to get car insurance in Delaware?
When shopping for Delaware car insurance, you will need to have the name, date of birth and driver’s license number of each driver in your household. You will also need the vehicle identification number (VIN) of each vehicle you want to insure. If you have current auto insurance, this information should be on your declarations page.
What insurance coverages does Delaware require?
Delaware requires all car owners to carry bodily injury liability, property damage liability and personal injury protection (PIP) coverage. If you have a loan or lease on your vehicle, you may also need to carry comprehensive and collision coverages. In addition to these basic coverages, most companies offer endorsements that can help you round out your policy.
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.
Bankrate Scores primarily reflect a weighted rank of industry standard ratings for financial strength (AM Best, S&P, Moody’s) and customer experience (J.D. Power, NAIC), in addition to average quoted rates from Quadrant Information Services. The J.D. Power studies utilized include the 2020 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team’s extensive research and analysis provided a secondary assessment of each insurer’s online and mobile resources and policy management options, which also contributed to overall ratings.