Best renters insurance companies in Delaware

When choosing the best renters insurance company in Delaware, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in Delaware. Below is our list of best renters insurance companies in Delaware based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.

CompanyAverage rating(out of 5)
American Family4.5
State Farm4.5
Allstate3.5
Nationwide3.5
Travelers3.5

Compare the best renters insurance companies in Delaware

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for Delaware residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, American Family is the best renters insurance company in Delaware. It earned 856 out of 1000 from J.D. Power and has an average renters insurance rate of $158.

The table below offers a detailed comparison of renters insurance companies in Delaware.

CompanyJ.D. Power ScoreAverage Annual PremiumAM Best Ratings
American Family856$158A
State Farm844$150A++
Travelers835$206A++
Nationwide852$392A+
Allstate835$212A+

How much is renters insurance in Delaware

Delaware residents pay an average of $230 a year for renters insurance, and the average monthly cost is $19. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”

Average Annual PremiumAverage Monthly Premium
$230$19

Most expensive ZIP codes in Delaware for renters insurance

Several factors affect your renters insurance coverage cost in Delaware, including your location and the coverage you buy. The most expensive ZIP code in Delaware for renters insurance is 19930, where the average annual rate is $252 which is $22 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in Delaware for renters insurance.

ZIP codeAverage Annual Rate
19930$252
19971$247
19967$244
19975$243
19958$242
19951$240
19939$239
19945$238
19969$237
19963$234

Least expensive ZIP codes in Delaware for renters insurance

Renters insurance rates in Delaware are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Delaware is 19803, and its average annual rate is $222.

Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP codeAverage Annual Rate
19803$222
19806$223
19701$225
19952$226
19720$227
19973$228
19931$229
19940$230
19946$231
19961$232

Compare renters insurance rates by city in Delaware

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Delaware.

CityAnnual insurance premium
Dover
$229
Elsmere
$227
Georgetown
$229
Middletown
$225
Milford
$234
Newark
$225
Seaford
$228
Smyrna
$227
Wilmington
$223

Cheap renters insurance in Delaware by company

There are a lot of companies offering renters insurance in Delaware. Among the carriers surveyed by Insurance.com, Cumberland Insurance is the cheapest renters insurance company in Delaware; its average annual premium is $112.

Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the best cheap renters insurance companies in Delaware and their average annual premiums.

Company NameAverage Annual Premium
Cumberland Insurance$112
State Farm$150
American Family$158
Travelers$206
Allstate$212
Nationwide$392

Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.

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