The Best Car Insurance in Delaware

Whether you’re heading to Newark for a tour of the University of Delaware’s campus or spending a long weekend exploring Wilington’s various wonders, all drivers must have an active and adequate auto insurance policy in Delaware.

Let’s take a look at how drivers can get a sufficient auto insurance policy in the First State and how they can ensure their policies best suit their needs and budgets.

When searching for the best car insurance, Delaware has many options for drivers of all ages and skill sets to get the best policy for their needs. Car insurance is highly subjective to each driver, so there’s rarely ever a one-size-fits-all policy that’s the best for every driver. 

Auto insurance requirements in the First State mandate drivers must have at least $25,000 in boldly injury liability per person, $50,000 in bodily injury liability per accident, $10,000 in property damage liability per accident (25/50/10 liability coverage), $15,000 in personal injury protection (PIP) per person, and $30,000 in PIP per accident (15/30 PIP), since the state has a no-fault law. Those who lease or finance their vehicles may be required to have collision and comprehensive coverages on their policies. 

The best auto insurance in the Diamond State is a policy that at least meets the minimum requirements, as driving without insurance in the state is illegal. Since there’s such a range of options for insurers, policies, and coverages in the state, drivers must first decide what they value most in a policy to narrow their search. Typically, drivers must compromise on two key factors: cost and coverage.

Drivers who value coverage over cost will likely find the best policy for their needs to be a full coverage policy from an insurer that offers various optional additional coverages. Drivers who value cost over coverage will likely opt for a minimum coverage policy from an insurer offering below-average base rates, as a minimum coverage policy is often the cheapest policy in the state. 

Drivers who value both cost and coverage equally will likely find a good compromise with a full coverage policy from an insurer that offers below-average base rates and plenty of stackable discounts. 

While Delaware is one of the ten most expensive states for auto insurance, Delawareans may be able to find an affordable policy if they know where to look. Let’s check out how drivers in the First State can cash in on some of the best deals in the state simply by knowing where (and how) to look for a great policy. 

When it comes to car insurance companies, Delaware has no shortage of options for drivers from all backgrounds. While auto insurance tends to lean more on the expensive side in the Diamond State, finding an insurer that meets your needs (and budget) is a great loophole around those above-average rates.

The average full coverage policy in the First State costs about $2,040 annually, or about 20% more than the national average of about $1,670 annually. While a full coverage policy will always cost more than a minimum coverage one, some insurers may offer below-average base rates so policyholders can feel fully protected by their policy without breaking the bank. 

Since auto insurance is highly subjective, it’s important to note that rates vary based on the driver, policy, and insurer. However, all insurers determine a driver’s rates by assessing factors like their insurance history, driving record, ZIP code, gender, and age, among other factors. These factors help insurers assess a driver’s risk of filing a claim. Drivers at higher-than-average risk of filing a claim will likely see above-average premiums. 

Some insurance companies indeed have higher-than-average rates, especially those that offer a range of benefits like additional coverages and services. However, high-risk drivers will likely see above-average rates anywhere they go. 

The best insurers in the state will offer lower-than-average base rates, plenty of opportunities for discounts, and a wide range of optional coverages for those who opt for full coverage policies. Let’s check out which insurers in Delaware offer the best coverages, premiums, and policies. 

Out of all the insurance companies in Delaware, just a few consistently rank highly among residents in the state. These insurers are frequently chosen over others in the First State because of their below-average rates, range of stackable discounts, or various additional coverages. Let’s see which insurers are favored above the rest. 

One of the top insurers in the Diamond State is our partner, Progressive. The average full coverage policy with Progressive costs about $2,100 annually in Delaware, just $60 more than the state average of about $2,040 annually. 

While the average full coverage policy with this insurer is a bit above the state average rate, loyal Progressive customers know they can lower this rate significantly. Progressive offers quite a few discounts, like its usage-based discount program and its bundling discount, so drivers can get the best policy from this insurer without going over budget. 

In Delaware, a full coverage policy from Geico is about 8% below the state average, costing about $1,880 annually, compared to $2,040 annually. While many drivers save just by binding a policy with this insurer, they may be able to further their savings with some of the many discounts Geico offers. 

Drivers may opt for a multi-car discount, student discount, or anti-theft device discount to maximize their policy savings. Stacking such discounts may help policyholders see further savings. 

State Farm offers significant savings in the Diamond State. The average full coverage policy with this insurer costs about $1,690 annually, or about 20% below the state average. 

On top of low base rates and a wide range of stackable discounts, policyholders favor this insurer for the ample coverage offered to those with full coverage policies. State Farm offers policyholders optional coverages such as uninsured motorist coverage (UM), underinsured motorist coverage (UIM), collision coverage, medical payments coverage (MedPay), comprehensive coverage, and gap coverage, among others. 

USAA is a favored insurer among retired or active duty military members or families, as they offer great policies at a below-average rate. In Delaware, the average full coverage policy through USAA costs about $1,360 annually, or about 33% less than the average rate in the state. 

While policyholders may be eligible for significant savings just by binding with this insurer, they may be able to further their savings by applying discounts to lower premiums even more. 

Our partner, Travelers, offers base rates nearly 37% below the state average, with the average full coverage policy from the insurer costing about $1,300 annually. Not only are base rates significantly lower with this insurer, but they offer excellent, stackable discounts for policyholders to lower their premiums even further. On top of the savings many policyholders boast of, this insurer offers excellent customer service and consistently high customer satisfaction.

The best auto insurance in Delaware, when it comes to insurers, is frequently a policy from Travelers. Travelers, our partner here at Clovered, offers base rates under the state average and plenty of opportunities for policyholders to reduce their premiums further with stackable discounts. However, it’s important to remember what may work best for one driver may not work for another. 

Auto insurance is highly subjective, often dependent most on the driver. While you may be quoted for premiums below the state average, your neighbor with a history of at-fault accidents or cousin who just turned 16 may have much higher rates. 

The best insurance company varies from driver to driver but will often help the driver stay true to what they value most in a policy, whether cost, coverage, or a compromise between the two.

In Delaware, insurance companies offer excellent coverage for great rates for those who know where (and how) to look. Those looking for the best policy for their needs will find that getting and comparing quotes online will allow them to weigh all their options before making the final, best decision on a policy that meets their needs and budgets.

Luckily, you can meet all your quoting needs here at Clovered. We even have a free quoting tool you can use to access your unique quotes in minutes. If you’d rather chat with a professional, you can contact one of our licensed agents at 833-255-4117 or [email protected].