Delaware home insurance

Every figure below is sourced and dated. Estimates only — not quotes, and not offers of coverage.

Home insurance premium estimator

What homeowners insurance costs in your state, and whether what you pay is out of line.

Is your dwelling coverage actually enough to rebuild — and what a shortfall costs at claim time.

What a higher deductible really saves, how long it takes to pay off, and what a storm deductible actually costs.

Did your renewal go up more than premiums did across your state — and what to do about it.

All six limits on your policy against what the standard form and regulators say to expect — including the liability limit nobody looks at.

Average premium: $1,385/ yr; At $300,000 of dwelling coverage.
Standard deductible: $1,000; Applies to everyday claims.
Storm deductible — separate, and much larger: $6,000(2% of coverage); What you would pay out of pocket on $300,000 of coverage before a storm claim pays anything — not the $1,000 above.
Insurer of last resort: Insurance Placement Facility of Delaware (Delaware FAIR Plan); Delaware's FAIR Plan, operating since 1968 and mandated by Delaware statute. It is an association of the property insurers doing business in the state, not a government program -- no federal, state, or local funds support it. It exists to make BASIC property insurance available to anyone with an insurable interest in Delaware property who cannot get coverage in the voluntary market, which in Delaware most often means older housing stock and homes in coastal or flood-exposed Sussex County. Coverage is deliberately narrower than a standard homeowners policy: it insures the structure and personal contents against fire, vandalism, riot and windstorm, and does NOT include personal liability, which has to be arranged separately. It applies a flat $2,000 hurricane deductible that is mandatory in certain coastal ZIP codes and optional in the rest of the state.