Shopping for affordable insurance in the First State, as Delaware is popularly called, can take a while.
Aside from the fact that there are so many insurance providers offering varying rates and quotes for you to choose from, there are other factors that have to be put into consideration to get the best rates.
Some of them include your driving record, age, gender, credit score, the type and make of your vehicle, etc. However, we are here to help you identify the best choice for you.
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Delaware Minimum Car Liability Insurance Requirements
The Delaware law requires all drivers to purchase liability coverage. Liability coverage or insurance is an insurance product that protects the insured from claims resulting from damage and injury he caused to other people or property.
When you’re involved in an accident, liability insurance covers the damage you caused. The main components of liability insurance are property damage and bodily injury.
There is also the Uninsured and Underinsured Motorist Coverage that protects you when an at-fault driver with little or no coverage hits you.
The state law in Delaware requires all vehicles that are registered to have the minimum state liability auto insurance coverage:
- $25,000 for death or injury of one person
- $50,000 for deaths or injuries per accident
- $10,000 for property damage
However, it is usually advised to purchase higher liability coverage to protect yourself against incidents where your liability insurance is not enough to cover the damages you cause.
The victim can sue you and that would cost you money. Plus, nobody likes lawsuits.
Cheapest Minimum Car Insurance In Delaware
The minimum car insurance in Delaware only covers damages and injuries caused to the other party. The cheapest car insurance companies in Delaware for minimum coverage are:
- USAA: $355 per year
- State Farm: $791 per year
- GEICO: $811 per year
- Travelers: $820 per year
- Progressive: $858 per year
USAA is the cheapest car insurance but it is only available to veterans, military members, and their close family members. Allstate is the most expensive with an average of $1,069 per year.
Cheapest Full Coverage Car Insurance In Delaware
With higher liability limits and comprehensive collision insurance, a full coverage package covers your expenses as well as the damages and injuries you cause to the other party.
Comparing car insurance quotes can reduce your premiums. The most affordable full car insurance providers in Delaware are:
- USAA: $641 per year
- State Farm: $1,229 per year
- GEICO: $1,331 per year
- Travelers: $1,353 per year
- Nationwide: $1,364 per year
USAA is the cheapest full coverage car insurance in Delaware with an average of $641 per annum while Allstate is the most expensive with an average of $1,890 per annum on average.
Cheapest Car Insurance For Drivers With A DUI In Delaware
Drivers with a DUI conviction are regarded as high-risk drivers and will pay higher premiums. A driver with a clean record pays an annual average of $1,483 and a driver with a DUI in Delaware pays $2,591 per annum on average.
The most affordable car insurance companies in Delaware for drivers with a DUI conviction and full coverage are:
- USAA: $1,100 per year
- State Farm: $1,351 per year
- Progressive: $1,940 per year
- Nationwide: $2,198 per year
- Traveler: $2,278 per year
USAA has the cheapest car insurance for drivers with DUI at an average of $1,100 per annum. However, it is exclusive to veterans, military members, and their close family members.
MetLife is the most expensive with an average of $4,979 per annum.
The State of Delaware takes drivers with a DUI very seriously. Convicted drivers are likely to face jail terms, pay fines and even have their licence suspended. They are also made to participate in a 16 hour DUI education that teaches them the dangers of drugs and alcohol.
Cheapest Car Insurance In Delaware For Drivers With An At-Fault Accident
Having an at-fault accident can significantly raise car insurance premiums in Delaware. Drivers with an At-fault accident pay an average of $1,870 per year. The cheapest car insurance companies in Delaware for drivers with at-fault accidents are:
- USAA; $641 per year
- Travelers: $1,353 per year
- State Farm: $1,473 per year
- Nationwide: $1,841 per year
- Progressive: $2,309 per year
USAA is the cheapest option in the state for drivers with an at-fault accident but it is only available to eligible drivers.
Cheapest Car Insurance Companies In Delaware For Drivers With Poor Credit
Drivers in Delaware with poor credit scores pay higher premiums than those with good credit scores. A driver with a bad credit score pays nearly double the rate a driver with good credit would pay.
The most affordable car insurance providers in Delaware for full coverage with poor credit are:
- USAA: $1,124 per year
- Nationwide: $1,797 per year
- GEICO: $1,962 per year
- Travelers: $2,277 per year
- Progressive: $2,455 per year
At USAA, drivers with bad credit pay a cheap average rate of $1,124 per year. MetLife is most expensive for drivers with poor credit in Delaware at an average cost of $4,367 yearly.
Cheapest Car Insurance In Delaware For Seniors
Senior drivers are viewed as high risk drivers and pay slightly higher premiums than young adults and middle-aged drivers. In Delaware, a senior driver pays an average of $1,558 per year, an increase of about $75.
The most affordable car insurance companies for senior drivers in Delaware with full coverage are:
- USAA: $711 per year
- State Farm: $1,201 per year
- GEICO: $1,363 per year
- Nationwide: $1,426 per year
- Travelers: $1,501 per year
USAA is the cheapest car insurer with a yearly average of $711 followed by State Farm with an annual average of $1,201. The costliest option for a senior in Delaware is Allstate having an average annual rate of $1,935.
Factors that affect the rates senior drivers would pay include, the amount of time spent on the road, the type of car they drive, their driving history, and other factors like hearing /vision impairments. All these factors affect the rates.
Cheapest Car Insurance In Delaware For Young Drivers
Because of their lack of experience behind the wheel, young drivers are considered to be high risk and pay high premiums compared to adult drivers.
For example, the average cost of car insurance for a 16-year-old in Delaware is $3,349 per annum and for a 25-year-old, the average annual rate is $1,459.
That’s quite a difference.
GEICO is the cheapest auto insurance company for young drivers between the range of 16-25 years in Delaware.