Average cost of auto insurance in Delaware (2021 rate)

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How Much Does Auto Insurance Cost in Delaware? The average cost of auto insurance in Delaware is $ 787 for minimum coverage and $ 1,775 for full coverage. However, these figures only give an idea of ​​the costs. There are many factors that affect how much you pay for coverage, and there are even strategies you can take to reduce it.

How much does auto insurance cost in Delaware?

Besides your state’s minimum requirements, there are many variables that affect the amount you pay for auto insurance each month. Some of them are:

  • Car make and model
  • Age
  • Kind
  • Driving history
  • Insurance company
  • Type of cover
  • Deductible
  • Marital status
  • Credit score
  • Postal code

Currently, the average auto insurance rates in Delaware are $ 787 for minimum coverage and $ 1,775 for full coverage. Of course, each state has its own average. If we factor in the 50 states, the average American pays $ 565 for the minimum and $ 1,674 for the full, making Delaware slightly more expensive than some other states.

Delaware Auto Insurance Rates By Company

The table below illustrates how important it is to research the cheapest auto insurance. The big names often have the best prices, but that’s not always the case. To find the best insurance companies in Delaware, you are going to have to do some research.

Auto insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Allstate $ 1,128 $ 2,614
California victim $ 819 $ 1,993
Geico $ 603 $ 1,354
Main Street America Group $ 692 $ 1,844
MetLife $ 818 $ 2,426
At national scale $ 559 $ 1,184
Progressive $ 760 $ 1,820
Sentinel $ 2,871 $ 4,675
State farm $ 887 $ 1,804
Travelers $ 447 $ 1,072
United States $ 355 $ 955

However, these rates will always vary based on other features, so you’ll always want to get multiple quotes to see what is the best value for you.

Delaware Auto Insurance Rates By City

The table below shows the average rates for the 20 most populous cities in Delaware. As you can see, your zip code plays an important role in determining how much you pay. The cost difference in the third column compares the city’s average premium for full coverage with that of the state ($ 1,775).

City Average annual premium for full coverage % increase in average annual premium
Wilmington $ 2,137 20%
Newark $ 2,003 13%
New castle $ 2,216 25%
Dover $ 1,664 -6%
Bear $ 2,087 18%
Middletown $ 1,764 -1%
Smyrna $ 1,761 -1%
Seaford $ 1,589 -11%
Millsboro $ 1,536 -13%
Milford $ 1,570 -12%
Lewes $ 1,490 -16%
Georgetown $ 1,587 -11%
Glasgow $ 2,023 14%
Claymont $ 2,009 13%
Hockessin $ 1,903 7%
Brookside $ 2,033 14%
Rehoboth Beach $ 1,490 -16%
Laurel $ 1,585 -11%
Townsend $ 1,994 12%
Milton $ 1,551 -13%

Delaware Auto Insurance Rates by Age

Delaware auto insurance rates are heavily influenced by your age. You will notice that there is a big spike when you hit the age of 18, but it tapers off by 25, assuming you keep a good driving record.

* 16 years calculated on the parents’ policy disclosure

Delaware Auto Insurance Rates by Driving Record

A speeding ticket, accident, or DUI can drive up your Delaware auto insurance rates depending on the policies of your insurance provider. However, these rates reflect the average increase after an incident. If you become a repeat offender, you could pay even more.

Driving incident Delaware average annual full coverage premium % increase in average annual premium
Speeding $ 2,088 17.63%
Accident $ 2,383 34.25%
DUI $ 3,302 86.02%

How To Save On Auto Insurance In Delaware

It is possible to reduce auto insurance rates in Delaware with the right strategies. Here is what we recommend:

  1. Compare the prices: As the table above shows, auto insurance companies charge different amounts for the same levels of coverage. If you are looking to save money, you can probably cut down on what you pay just by shopping and getting quotes from multiple vendors. Most companies say they are the cheapest supplier, but some research often refutes this.
  2. Compare discounts: The best insurance companies offer their customers several ways to save on their premium. However, while two companies may have the same discounts, one company will likely save you more money than the other. To find out how much you’ll save, talk to an agent to get the bottom line.
  3. Increase your deductible: A high deductible equals a lower monthly premium. Just make sure you choose a deductible option that gives you sufficient coverage after an accident. The higher deductible may not be suitable for your daily needs and comfort level.
  4. Driving an old car: Older cars cost less to insure because they don’t cost as much to repair or replace. To really take advantage of your situation, find a used car that has an excellent safety rating that you can also associate with car-related discounts (like anti-lock brakes and daytime running lights).
  5. Increase your credit score: It is legal for Delaware auto insurance companies to charge a higher premium for drivers with low credit scores. Indeed, drivers with bad credit are statistically more likely to have an accident. Improve your credit score and your premium should go down.

Frequently Asked Questions

How much does auto insurance in Delaware cost per month?

The state average for minimum coverage (average of $ 787 per year) is $ 65.58. The average annual cost of full coverage insurance (on average $ 1,775 per year) is $ 147.92.

How easy is it to change providers in Delaware?

Yes, switching providers is not difficult once you have determined which company you want to switch to. Once done, you just need to make a few phone calls.

How do you determine which companies are the best?

There are a few things you can take a look at. A good place to start is to look at each company’s JD Power score. JD Power measures customer satisfaction and even analyzes its performance in various regions of the United States. Another good thing to read is the financial strength of a business. AM Best is a good resource for this.

Together, JD Power and AM Best will paint a picture of how a business is likely to treat you after a traumatic event. So, if you’ve already found the cheapest suppliers but still can’t choose, these two resources should help you make your final decision.

Methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record, credit and the following comprehensive coverage limits:

  • $ 100,000 liability for bodily injury per person
  • $ 300,000 in civil liability for bodily injury per accident
  • Civil liability for property damage of $ 50,000 per accident
  • $ 100,000 in bodily injury caused by an uninsured motorist per person
  • $ 300,000 in uninsured bodily injury per accident to a motorist
  • $ 500 collision deductible
  • Global deductible of $ 500

To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and cover 12,000 miles a year.

Age: The rates were calculated by evaluating our baseline profile with ages 18-60 (baseline: 40) applied.

Incident: The rates were calculated by evaluating our basic profile with the following incidents applied: clean criminal record (basic), responsible accident, single speeding ticket, single conviction for driving while intoxicated and forfeiture of coverage.


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