In Delaware, the average cost of full coverage car insurance is $1,775 per year. This is slightly higher than the national average of $1,674.
The state-required minimum liability car insurance averages $787 annually, quite a bit higher than the national average of $565.
Rates vary considerably depending on the city and zip code you reside in. For example, Rehoboth Beach offers one of the lowest average monthly rates ($100) compared to Townsend ($160). This is due to the collective driving record of everyone in the region. The higher the reported thefts, moving violations, and people with poor driving records in general, the higher the insurance premiums.
What Is the Average Premium for Cheap Full Coverage Car Insurance in Delaware?
The average monthly premium for full coverage car insurance in Delaware is $148.
We highly recommend obtaining full coverage car insurance over the state’s minimum required coverage, as it offers greater protections by combining liability with collision and comprehensive insurance. Collision car insurance gives you financial protection in the event of a car crash, no matter who is at fault. Comprehensive auto insurance protects against damages caused by non-collision events such as theft, vandalism, and hail.
Remember, rates vary from person to person based on your age, gender, driving history, zip code, and claims history.
How Much Is It for Cheap Liability Insurance or the Minimum Required Car Insurance in Delaware?
The average cost of the cheapest car insurance in Delaware is $66 per month.
This state-required minimum liability car insurance gives you liability insurance in the form of bodily injury/death insurance and property damage insurance. Also required and included in your basic Delaware car insurance is Personal Injury Protection (PIP).
As the cheapest type of car insurance available, even a single-car accident could exceed your property damage liability coverage, forcing you to go out of pocket to pay the difference. Many drivers choose to purchase the required liability package and then increase the policy amounts to provide better peace of mind.
How Do Rates Compare Across Major Cities in Delaware?
In Delaware, different cities pay different rates. Insurance companies use geographical areas as one basis for their insurance premiums. If you live in an area with a high rate of car accidents, car theft and/or personal injury lawsuits, unfortunately you may pay a higher premium. Additionally, people in congested cities tend to pay more than people who live in rural areas.
For a breakdown of the average monthly rates paid in different Delaware cities, keep reading below:
Methodology: To arrive at our average rate, we used the following demographic profile: 30-year-old male with the state’s minimum required insurance limits. Rates vary from person to person depending on age, gender, zip code of residence, and more than a dozen other factors.