Insurance Costs in Wilmington, DE
Auto insurance in Wilmington averages $2,248 per year for full coverage, which is higher than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Wilmington, DE: What You Need to Know
Wilmington residents pay an average of $2,248 per year for full coverage auto insurance, which is 18.0% above the Delaware state average and 34.3% above the national average.
With a population of 70,898, Wilmington is a growing city in Delaware. Higher population density, more traffic congestion, and increased accident risk all contribute to above-average insurance rates.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $2,248 | $187 |
| Standard Coverage (50/100/50) | $1,843 | $154 |
| State Minimum (25/50/10) | $944 | $79 |
Homeowners Insurance in Wilmington, DE
The average cost of homeowners insurance in Wilmington is $1,146 per year ($96/month), which is 37.0% below the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Wilmington, DE
Renters insurance in Wilmington averages $192 per year ($16/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Delaware Cities
How to Save on Insurance in Wilmington
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Wilmington can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Wilmington, DE?
The average cost of car insurance in Wilmington, DE is $2,248 per year for full coverage, or about $187 per month. Minimum coverage costs around $944 per year.
Is car insurance expensive in Wilmington?
Yes, car insurance in Wilmington is above both the state and national averages.
How much is home insurance in Wilmington?
Homeowners insurance in Wilmington costs an average of $1,146 per year. Your actual cost depends on your home's value, age, construction type, and specific location.