Wilmington drivers pay an average of $1,483 per year for car insurance, which is equal to the statewide average cost in Delaware. The most affordable insurer that is also widely available is State Farm, with an average cost of $1,229 per year. To help you find quality coverage at the lowest rates, MoneyGeek analyzed the cheapest insurance providers in Wilmington by coverage amount and driving history. By using MoneyGeek’s recommendations, you can secure the lowest rate for your profile.
Compare the Cheapest Car Insurance Quotes in Wilmington, DE
The Cheapest and Best Car Insurance in Wilmington
The Cheapest Car Insurance Companies in Wilmington
The companies that offer the best average rates for a full coverage car insurance policy in Wilmington are:
- USAA: $641 per year (exclusively available to military personnel and their families)
- State Farm: $1,229 per year
The prices used in this study represent a full coverage policy for a sample 40-year-old male driver. The policy includes liability insurance coupled with comprehensive and collision coverage that protects you against damage to your own vehicle.
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Average Cost of Car Insurance in Wilmington
The average cost of car insurance in Wilmington is $1,483, which is equal to the statewide average premium. Compared with the national average, drivers in Wilmington typically pay about 4.1% more for their car insurance.
The Best Car Insurance Companies in Wilmington
If you are looking for car insurance in Wilmington that balances quality service with affordability, MoneyGeek’s scoring system can help you land the best deal. Based on these ratings, the best car insurance providers in the city are:
- GEICO: MoneyGeek score of 93 out of 100
- Hartford: MoneyGeek score of 88 out of 100
USAA received the highest score in Wilmington by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
The approach used by MoneyGeek incorporated financial stability, affordability and user satisfaction scores from J.D. Power, among other factors.
Personalized Quotes to Get You the Cheapest Car Insurance in Wilmington
A number of important factors are analyzed by insurance companies to assess risk while offering personalized car insurance quotes in Wilmington. Your age, location, driving history and how many miles you drive per year can all play a part in how much you have to pay. For example, a GEICO policy in the city would cost an 18-year-old driver $2,010 more on average than a 40-year-old driver with similar coverage. As your situation changes, regularly getting personalized quotes can help you find the best deals.
Shopping around for car insurance in Wilmington could save you $254, which is enough to buy:
Cheapest Car Insurance in Wilmington by Coverage Amount
In Wilmington and elsewhere, the cost of your car insurance depends on several factors, including the amount of coverage you buy. For instance, a liability-only policy costs an average of $913 per year, roughly $569 less than a full coverage policy, which goes for $1,483 per year.
Delaware Minimum Liability Requirements
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $10,000 for property damage. A more protective level is 100/300/100.
- Personal Injury Protection$15,000 per person and $30,000 per accident.
Car insurance companies in Wilmington provide multiple insurance plan options based on the level and type of coverage. GEICO, for example, has 50/100/50 plans with options of liability-only and full-coverage packages. These include $50,000 of coverage for medical expenses per person, totaling $100,000 per vehicle, with $50,000 dedicated to property damage repair.
With GEICO, the full-coverage policy costs $237 more on average than the liability-only policy. A 100/300/100 full-coverage plan can also be had for an average of an additional $137. According to your needs, these might be advisable expenses.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Wilmington if You Have Driving Violations
Driving violations can cause insurance rates to increase drastically. For example, a Nationwide policyholder with no violations can expect to pay around $1,364 per year in Wilmington. However, that rate increases by an average of $195 if you have a speeding ticket, and an at-fault accident adds around $478. Meanwhile, a DUI will increase the original rate by roughly $835.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
There can also be some variance in your costs depending on where you live in Wilmington. Across different ZIP codes in the city, there is an average difference of $249 in annual car insurance premiums.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Wilmington
In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Wilmington. How Wilmington ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Wilmington are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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