If you’re on the lookout for the most budget-friendly auto insurance quotes in Delaware, you’re in luck! The key to securing the cheapest rates is to obtain quotes from multiple insurance companies. On average, insurance rates in Delaware hover around $900 for a minimum coverage policy. However, by exploring various options, you can potentially find even better deals.
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Cheapest Car Insurance Quotes in Delaware: State Farm
When it comes to minimum coverage auto insurance, State Farm offers the most affordable quotes in Delaware. With an annual rate of $738, State Farm’s prices are 33% cheaper than the state average. However, if you’re an active duty service member, veteran, or part of a military family, you can get even better rates from USAA. Their average annual fee stands at $297, which is an impressive $441 less than State Farm.
Cheapest Full Coverage Auto Insurance: State Farm
If you require full coverage auto insurance, State Farm is still your go-to option for affordability. Their rates stand at $1,312 per year or $109 per month, which is 43% cheaper than the state average. Unless you have military affiliation and qualify for USAA coverage, State Farm remains your best bet for affordable full coverage auto insurance. On average, full coverage auto insurance in Delaware costs $2,302 per year or $192 per month.
Inexpensive Car Insurance Quotes for Delaware Drivers with Prior Incidents
Insurance companies determine their quotes based on various factors, including your driving history and credit score. Any incidents on your driving record, such as traffic violations or DUIs, can cause your rates to increase. However, some insurance companies offer better rates even after such incidents.
Cheaper Car Insurance After a Fine: State Farm
For Delaware drivers who have received a speeding ticket, getting full coverage insurance can be 23% more expensive than for those with clean records. However, State Farm provides the lowest rates for drivers with speeding tickets. Their premiums are 47% lower than the average, amounting to $2,747.
Cheaper Car Insurance After an Accident: State Farm
Drivers with an at-fault accident on their record can also find affordable options with State Farm. On average, auto insurance costs increase by 44% after such an incident in Delaware. However, State Farm offers full coverage insurance for just $1,570 per year, which is 51% lower than the average insurer’s price of $3,234.
Cheaper Car Insurance Quotes After a DUI: Progressive
If you’ve received a DUI, Progressive provides the cheapest comprehensive coverage quotes for Delaware drivers. Not only are their rates 25% more affordable than the state average, but Progressive treats a Delaware driver’s DUI the same way they treat a speeding ticket, charging the same amount for both violations. Bear in mind that auto insurance rates in Delaware increase by a whopping 93% after a DUI.
Cheapest Insurance Quotes for Drivers with Bad Credit: GEICO
For Delaware drivers with low credit scores, GEICO offers the best rates. While the state average stands at $3,446 per year, GEICO’s rate is $484 cheaper, amounting to $2,962 for full coverage. Your credit score may not affect your driving ability, but it can significantly impact your auto insurance quotes. On average, auto insurance for drivers with poor credit in Delaware is 54% more expensive than for those with average credit.
Cheapest Car Insurance Quotes for Young Drivers: State Farm
If you’re a young driver searching for affordable auto insurance with minimal coverage, State Farm is the ideal starting point. Their rate for young drivers amounts to $2,541 per year, which is 34% cheaper than the average. Since young drivers, especially those aged 18, tend to have more accidents, they are considered riskier and more expensive to insure. However, rates gradually decrease as you get older, as long as you maintain a clean driving record, until around age 60.
The Cheapest Insurance for Young Drivers with Tickets: State Farm
Young drivers in Delaware can expect their auto insurance rates to increase by approximately 11% after receiving a speeding ticket. Fortunately, State Farm offers the most affordable minimum coverage rate for these drivers at just $2,823 per year or $235 per month, which is 26% less than the average.
Cheapest Insurance for Teen Drivers After an Accident: State Farm
State Farm also provides the best minimum coverage rates for young drivers involved in accidents. Their average annual premium stands at $3,106, which is 34% lower than the state average. Keep in mind that young drivers in Delaware already pay high costs for car insurance, and an accident will only cause rates to increase even more. On average, rates increase by 24% after an 18-year-old driver is involved in an at-fault accident, rising from $3,820 to $4,730.
The Best Auto Insurance Companies in Delaware
When searching for auto insurance quotes, it’s crucial to choose a reliable insurer alongside finding the lowest rates. Among Delaware insurers, USAA boasts the best customer service score and financial strength rating. However, it’s important to note that USAA is exclusively available to current and former military members and their families. State Farm and GEICO also maintain exceptional customer service scores, making both insurers great options for those who aren’t eligible for military coverage.
Auto Insurance Costs in Delaware by City
Your location within Delaware can significantly impact your auto insurance rates. Densely populated areas tend to have higher accident and carjacking rates, leading insurers to increase their prices to account for the elevated risk.
Is Auto Insurance More Expensive in Delaware Compared to the Rest of the Country?
Delaware is known for its high population density and the requirement for personal injury protection (PIP), making it one of the most expensive states for auto insurance. In fact, Delaware has the fourth most expensive average rate for a minimum coverage policy in the country, standing at $1,153 per year.
Minimum Insurance Requirements in Delaware
Minimum coverage in Delaware includes bodily injury liability coverage, which pays for the other driver’s injuries; property damage liability coverage, which covers the other driver’s repairs; and personal injury protection, which covers your own injuries. As a Delaware driver, your policy must meet or exceed the following limits for these three coverages:
- Bodily Injury Liability: $25,000 per person and $50,000 per accident
- Property Damage Liability: $10,000 per accident
- Personal Injury Protection: $15,000 per person and $30,000 per accident
Summary of the Cheapest Auto Insurance Quotes in Delaware
To compile our analysis, we gathered thousands of quotes from six of the largest insurers in Delaware, using various zip codes within the state. The rates provided reflect a 30-year-old male driving a 2015 Honda Civic Ex with average credit. Our study used a base policy for full coverage and adjusted it according to factors such as credit score, accident history, and marital status. It’s important to note that insurance rates can vary, and the rates mentioned here are for comparison purposes only.